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#2
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| In microsoft.public.money, loopyloop wrote: - quote - > "Cal Learner-- MVP" wrote:
To adjust the account opening balance, go to the account details> > In microsoft.public.money, loopyloop wrote: > > > > After an on line update on my checking account, my opening balance in money > > > is 20.00 more than the same date from my bank statement. This was correct > > > before the update. However, both my account balance and adjusted balance are > > > correct. I noticed after the update that I have 2 entries for the same check > > > and same dollar amount. The duplicate checks are for 20.00. The second check > > > hepls to make up for the opening balance difference so that my adjusted > > > balanace and balance are correct. Any ideas on how to correct this? > > > Delete or Void the duplicate check entry, and also delete (or adjust > > if it is not $20) the Starting Balance Adjustment adjusting > > transaction that Money added during the balancing process. > > Cal, > I deleted the duplicate check, but its not clear how I shpuld correct the > opening balance. Th adjust account balance feature does not seem to work and > the balance the account feature seems confusing.. Once I deleted the > transaction, my balances do not match the real balance from the bank (right-click the account from the account list). The balancing opening/starting balance is something else. The balancing opening balance it asks for is a calculation of the opening account balance plus or minus any reconciled transactions. If you were already balanced for the previous month, the Starting Balance that the balancing process presents should not need to be changed. Try not to change it. If that number differs from the opening balance that your statement reports, you can either try to reconcile the earlier times, or you can change the balance and let Money enter an adjustment in the register. The terminology may differ with different versions. The balancing process for newer versions of Money refers to the Starting Balance, and not the opening balance. So be clear. |
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#1
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| "Cal Learner-- MVP" wrote: - quote - > In microsoft.public.money, loopyloop wrote: > > After an on line update on my checking account, my opening balance in money > > is 20.00 more than the same date from my bank statement. This was correct > > before the update. However, both my account balance and adjusted balance are > > correct. I noticed after the update that I have 2 entries for the same check > > and same dollar amount. The duplicate checks are for 20.00. The second check > > hepls to make up for the opening balance difference so that my adjusted > > balanace and balance are correct. Any ideas on how to correct this? > Delete or Void the duplicate check entry, and also delete (or adjust > if it is not $20) the Starting Balance Adjustment adjusting > transaction that Money added during the balancing process. Cal, I deleted the duplicate check, but its not clear how I shpuld correct the opening balance. Th adjust account balance feature does not seem to work and the balance the account feature seems confusing.. Once I deleted the transaction, my balances do not match the real balance from the bank |
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| In microsoft.public.money, loopyloop wrote: - quote - > After an on line update on my checking account, my opening balance in money
Delete or Void the duplicate check entry, and also delete (or adjust> is 20.00 more than the same date from my bank statement. This was correct > before the update. However, both my account balance and adjusted balance are > correct. I noticed after the update that I have 2 entries for the same check > and same dollar amount. The duplicate checks are for 20.00. The second check > hepls to make up for the opening balance difference so that my adjusted > balanace and balance are correct. Any ideas on how to correct this? if it is not $20) the Starting Balance Adjustment adjusting transaction that Money added during the balancing process. |
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#-1
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| After an on line update on my checking account, my opening balance in money is 20.00 more than the same date from my bank statement. This was correct before the update. However, both my account balance and adjusted balance are correct. I noticed after the update that I have 2 entries for the same check and same dollar amount. The duplicate checks are for 20.00. The second check hepls to make up for the opening balance difference so that my adjusted balanace and balance are correct. Any ideas on how to correct this? |
| Tags |
| check, duplicate, entries |
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