Reconcile dates

Question

Why not have the End Dates for the reconcile summary page default to the last day of each month.  I think most banks run their statements from the first to the last day of each month but we have to select the date if the current month has a different ending date than last month.

Chris_QPW · Answer

I think a more useful suggestion would be to remember what day of the month was used in that account for the last reconcile and use it as a suggestion for this reconcile.

And in fact, that I remember it working that way at one time.  But these days I reconcile to the online balance daily, so I wouldn't be in the position to check.

Frankx · Answer

Hi @voyager56,

I agree that the vast majority of banking financial institutions still use the month end date when the produce statements but not all.  Additionally, to the contrary, many,  - if not most - credit card providers do not use month end dates.  And, these days I expect most folks have more credit cards than bank accounts.  So one size doesn't fit all in this case.

That being said, I would suggest that you change this post to a "Product Idea" post so that others can consider and vote on your suggestion.  Here's a LINK to the section of the Community where you can post your idea.  Good luck!

Frankx