Reconciling indicates double the amount

1

Hi,

I am trying to reconcile an account that only has 5 transactions. It had an existing balance prior to starting Goodbudget. When reconciling, i entered the previous balance and the statement date. The statement balance is the current balance. When i clear the transactions, it shows double the amount of the transaction amounts.
Example: Previous balance is $50. Transaction totals $15. Current Balance is $35. Transactions are cleared. Left to Clear indicates total of -$30.

I’m not sure what is going on. Any help would be appreciated.

2

Hi!

Is this your first time reconciling? If so, enter 0 as the previous balance. Goodbudget doesn’t reconcile against your bank balance, but rather against your last reconciled amount. If it’s the first time, that’s 0.

Hope that helps!

3

HI Tiffany,

Thank you for the advice. I will try that.

Have a great day!

4

Hi Tiffany,

It didn’t work for both accounts that either is a new account(previous balance at zero) or an existing account using previous and ending balance. It seems to double up the cleared items in the “Left to be Cleared” total.
Appreciate any help.