Don't agree with Post by Quicken team Re: MAC 3.5 Reconcile Troubleshooting example
In reference to the new way Quicken generates the beginning balance in a new reconciliation. If there is an old prior transaction that was part of a reconciled "balanced" period in Quicken denoted by turning the "Clr" check mark "green" means all transactions reconciled at the time had to match the bank OR if not and the user checked off example given for $500.00 when it should of been $50.00 according to the bank, then the only way to force a balanced reconciliation condition in Quicken would be to enter an "Adjustment" for the difference of $450.00. So how is it possible for there to be an imbalance after the fact YOU HAVE TO ASK. The answer is there should NOT.... but people are encounting this condition which means it's not the user's bad data as if the user created the problem, it's the instability of the Quicken data itself that is susceptible to being changed (corrupted) after the fact including being deleted and even if the user did accidentally hit the delete key they would see a pop up message alerting them to the action and stop them. I personally experienced this after two updates. I incurred changes to previously reconciled transactions; one was missing altogether as I discovered during my research to why my beginning balance was off after the update, after another update a transaction previously reconciled which should of had a Green check mark no longer was checked "unreconciled" throwing my beginning balance off. The one thing I can say, is with the change made in 3.5.2 it reveals these errors in the register but Quicken programmers are not recognizing the real problem is in the Quicken program itself on the stability of the data. I have always said, once reconciled and balanced, the program should not allow changes unless you request a re-reconciliation for the same period through a Quicken feature (available in Mac 2007) not available currently in 2016 (say you entered an adjustment and later discovered the actual transactions discrepancies and want to correct your records). I want to state as I have multiple times, the promoting of entering "adjustments" to offset the real issues is just a plain bad philosophy (buyer beware it comes back to haunt you since you don't know what you are writing off). I can confidently state the above as I reconciled bank accounts 40 hrs a week for a financial institution....it was what I did for a living. I hope the Quicken team seriously re-evaluates the issues that are causing the imbalances in the first place that have not been resolved.