Reconcile start amount should be $25 as it is a new account?

I opened this account in Feb. 2021 with $25. when I go to reconcile start about is $1267.

Answers

  • Sherlock
    Sherlock SuperUser ✭✭✭✭✭
    edited April 20
    The reconciled opening balance is the total of all of the transactions in the register marked as reconciled.

    Note:  Most of us would not describe an account opened 14 months ago as new.
  • NotACPA
    NotACPA SuperUser ✭✭✭✭✭
    Have you previously reconciled this 14 month old account?  Sure sounds like it, since apparently you have transactions in the account that already have an "R" in the CLR column.
    Q user since DOS version 5
    Now running Quicken Windows Subscription, Home & Business
    Retired "Certified Information Systems Auditor" & Bank Audit VP
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