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Opening balance off

I'm using Quicken H&B 2012.

Last month I balanced an account at (let's say) $1,500. This month the opening balance only shows $500.

Actually, it was two accounts, each off by $1,000.

Any idea where the $1,000 went?

I continued balancing to the bogus $500 amount. The cleared amount was (as expected) off by $1,000 so I tried to make an adjustment. However, I got a message something like:

"The amount cleared differs from your balance by $0.00. Do you want to adjust by $0.00?"

I said yes and it entered an adjustment amount for zero dollars.

I have tried balancing the second account yet.

Reply to
infodex
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Upon closer examination, one account was $1,000 high and the other $1,000 low.

The paper statements for both accounts were accurate.

Reply to
infodex

Check to see if somehow you did an inadvertent transfer from the low to the high account.

Reply to
Gordon

Nothing I did since last month should affect the *opening balance* for this month. Quicken carries that over from the previous month's reconciliation.

If I had done the reconciliations and found the discrepancy then I might suspect an inadvertent transfer.

Reply to
infodex

snipped-for-privacy@mindspring.com wrote

Nothing I did since last month should affect the *opening balance* for this month. Quicken carries that over from the previous month's reconciliation.

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No, Quicken does not carry over the previous reconcile ending balance.

Each time you initiate a reconcile, Quicken computes the reconcile opening balance by adding the amounts of all the reconciled transactions in the account.

So what happens between reconciles is definitely important.

Reply to
John Pollard

So I might have screwed with some reconciled transaction? Not that I recall or had any reason to do so. I'm talking really simple accounts here. One of them only had two transactions in the last month. Not much room for human error there.

Reply to
infodex

snipped-for-privacy@mindspring.com wrote

So I might have screwed with some reconciled transaction? Not that I recall or had any reason to do so. I'm talking really simple accounts here. One of them only had two transactions in the last month. Not much room for human error there.

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Remember, you're talking about every transaction ever reconciled in the account ... plus any transactions that may have gotten (mistakenly) marked as reconciled since the last reconcile.

If a 5 year old transaction that had a Cleared Status of "R" at the conclusion of the previous reconcile, had its Cleared Status changed, had its amount changed, or the transaction was deleted ... that would change your next reconcile opening balance.

If a transaction entered after the previous reconcile was given a Cleared Status of "R", that would change your next reconcile opening balance.

I think your problem had already occurred when you made (or allowed Quicken to make) that first reconcile adjustment.

Reply to
John Pollard

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