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Old 07-31-2003, 08:25 PM
k_georgiadis
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Default Re: Balancing the checking account

Thanks. Much appreciated!
- quote -

> -----Original Message-----
> In microsoft.public.money, K. Georgiadis wrote:
> > > When I first started using Money 2002 14 months ago I
> > made the mistake of entering a guesstimate of a bank
> > balance so that I could learn how to balance the
> > checkbook. I'm stuck with the old balance and cannot
seem
> > to pick a new starting date and balance, so that I can
> > make a fresh start. Can I just forget about last year,
> > pick a legitimate recent bank statement and start the
> > reconciliation process from that date onwards?
> If you wish to start fresh and declare an account
balanced, you can
> mark all entries balanced. Select to show only
unreconciled
> transactions. Sort by date, and go to the oldest
transaction.
> Hold down Cntl+Shift+M and let auto-repeat work thru the
> transactions until none are left showing. Then balance
making the
> starting and ending balance match the known balance.
Choose the
> balance date to be the day after your last transaction.
This is
> not the normal procedure. It starts you with an amnesty
for former
> balancing.
> Thereafter, follow the normal procedure.
> .
 
Old 07-31-2003, 07:08 PM
Cal Learner-- MVP
Guest
 
Posts: n/a
Default Re: Balancing the checking account

In microsoft.public.money, K. Georgiadis wrote:

- quote -

> When I first started using Money 2002 14 months ago I
> made the mistake of entering a guesstimate of a bank
> balance so that I could learn how to balance the
> checkbook. I'm stuck with the old balance and cannot seem
> to pick a new starting date and balance, so that I can
> make a fresh start. Can I just forget about last year,
> pick a legitimate recent bank statement and start the
> reconciliation process from that date onwards?

If you wish to start fresh and declare an account balanced, you can
mark all entries balanced. Select to show only unreconciled
transactions. Sort by date, and go to the oldest transaction.
Hold down Cntl+Shift+M and let auto-repeat work thru the
transactions until none are left showing. Then balance making the
starting and ending balance match the known balance. Choose the
balance date to be the day after your last transaction. This is
not the normal procedure. It starts you with an amnesty for former
balancing.

Thereafter, follow the normal procedure.


  #-1  
Old 07-31-2003, 06:55 PM
K. Georgiadis
Guest
 
Posts: n/a
Default Balancing the checking account

Hey guys, can someone help me with the following?

When I first started using Money 2002 14 months ago I
made the mistake of entering a guesstimate of a bank
balance so that I could learn how to balance the
checkbook. I'm stuck with the old balance and cannot seem
to pick a new starting date and balance, so that I can
make a fresh start. Can I just forget about last year,
pick a legitimate recent bank statement and start the
reconciliation process from that date onwards?
 

Tags
account, balancing, checking
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