Balancing balances, reconciling etc

1

Folks,
I’ve been using GB for years. As time goes on my balances get slightly off kilter with my bank balances (I don’t want them connected). So I edit the account balance. I then get these ugly un reconciled/cleared entries when reconciling at the bottom of my reconciling list. How do I hide these or get rid of them completely?

2

You’ll just have to change the “prior balance” at reconciliation by the amount of the adjustment, then clear the adjustment to reconcile. That ought to do it—but jot the numbers down before you make any changes because you might have to play with the +/- to get it squared.
I only mention this because you’ve used GB for a while, but it’s not a technique for beginners! :laughing:

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I see. So maybe do a search for unreconciled amounts in that account. Add it all up. Then when I do the next months reconcile take/add that amount from the previous balance (even though that’s not what is on the statement🫣) and then enter that months balance. On reconciliation I can tick all those old entries as well as the latest spends and hey presto…all gone.
Yeah that should work. Thanks Tiffany.

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4

The other, simpler (?) option is to just create a miscellaneous “Correction” transaction for the difference and clear that, but since you don’t really know which envelopes represent the missing transactions then you may be throwing off your envelope budgets that way. To be fair, that’s essentially what an account adjustment does anyway, it just “allocates” it to the Available envelope instead of a budgetary one.

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I used the first method and I think it’s cleared the inbalance. It has indeed sent my “available” envelope for a dive.
I have three accounts…current, saving and credit. I clear my credit every month from my current. I reconcile all transactions in all accounts. Is there a reason I’m getting these discrepancies? I don’t get interest or pay interest on the accounts.
Also, it’s quite confusing having your credit card spend showing black text and/or no + or -. I think I raised this some time ago and the feeling was it shouldn’t look intimidating :man_shrugging:t3:.