A new FAQ that should be published on the web shortly reveals:
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Q): How come my account keeps having the starting balance not match the
statement?
[Relevant to Money2002 (v.10)]

A): One possible source of this issue is if you use or ever did use M02 to
add a transaction that is marked as reconciled in a register to Bills and
Deposits. M02 retains that reconciled status in the scheduled item in error.
When you enter one of these transactions from the scheduled items to the
register, it enters "pre-reconciled." (If you look closely when entering it
into the register you will also see that it shows as reconciled. This is the
only obvious clue that this is what is happening.) Since starting balance
for balancing is computed by adding up all of the reconciled transactions,
this will screw up starting balance--and it should also get in the way when
you go to balance since the statement will show this transaction and the
cleared/uncleared items in the Money account will not.

M03 and higher are fixed to not create bad scheduled items like M02, but
they won't find them and eliminate them either. The only way to fix a
scheduled item that is marked as reconciled is to delete it and reschedule
it from an item that is not marked cleared/reconciled.

"jalthaus[at]concerto.com" <anonymous[at]discussions.microsoft.com> wrote in
message news:464f01c3e401$ca001890$a501280a[at]phx.gbl...
- quote -

When using the Bills & Deposits within Money 2002, the
transaction gets entered as reconciled. I don't think
this is correct. Shouldn't it show as cleared and not
reconciled?