Cleared or reconciled

01-20-2005, 01:42 AM

Cleared = the bank has seen it. Reconciled = will be included in the next
beginning balance when you go to balance the account. Cleared is an
intermediate state between nothing and reconciled. If you postpone
completing balancing in the middle, the transactions you have marked as
cleared will remain so until you next resume.

"marryot5" <marryot5[at]discussions.microsoft.com> wrote in message
news:8A3D4384-6C45-4ACD-8CAB-746323720DFC[at]microsoft.com...
- quote -

> Within the account, what is the difference between a cleared and a
> reconciled
> account entry? I know that when I balance my bank account the entries go
> to
> reconciled but do I need to change them to cleared at some point?

#-1 01-19-2005, 09:13 PM

Within the account, what is the difference between a cleared and a reconciled
account entry? I know that when I balance my bank account the entries go to
reconciled but do I need to change them to cleared at some point?
Phil

Similar Threads
Thread	Forum	Replies	Last Post
Reverse a cleared e pay Jim Parkes: Money appears to have made an assumption that a telephone transfer of funds for coincidentally the same amount as a scheduled e-pay was correct....	Microsoft Money	3	09-03-2004 02:33 AM
cleared balance does not appear while balancing acct. phg: Money 2004 - while trying to balance checking account the Balance Account pane (left side) does not show the cleared so far items only shows...	Microsoft Money	2	05-06-2004 04:34 PM
Problems with Reconcilation and Downloaded or Cleared Items Sheila: I am having problems with reconcilation on items that have cleared electronically or manually after the statement date. Upon completion of the...	Microsoft Money	1	08-06-2003 10:27 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode