In microsoft.public.money, Bert wrote:

- quote -

That number is downloaded with the statements, for those financial
institutions that provide the number in the download.

- quote -

The ending balance is the sum of all of the transactions in the
register. If the ending balance is does not match reality, expect
that there are missing and/or duplicate transactions. Most probable
is that your bank only provides the statements for a limited time,
and you may have had the account longer than that.

In that case you would commonly add an additional compensating
transaction dated before the oldest downloaded transaction.
Alternatively, you would adjust the starting balance for the
account.

- quote -

Does that idea match what you see? If you think you downloaded every
transaction that you ever did in that account, you will want to look
at other things. But an initial balance or compensating entry is
commonly needed to get going.

Hello, I have purchased Microsoft Money 2004 (Canada) and
ever since I've started to use it I have only downloaded
my bank statements directly into money ( no manual
transaction entered). My electronic bank statement shows
me a balance which 'Money' displays accurately in the left
corner pane in the account transaction register. However,
the amount shown as an ending balance is always, always
wrong.

Since this is a bank statement downloaded in 'Money' with
no other transaction entered, why do these figure not
reconcile? I have tried reconciling the account within
Money to no avail. I have used the program help, bought a
book and still cant get by bloody e-account to reconcile
with Money. I went so far as de-installing Money and
deleting my money file and start from scratch and it still
wont work. What am I doing wrong?

I look forward to your help. Bert