Frequently Quicken previous balance is $5.00 off from statement previous balance. Has anyone else experienced this? what causes it? How can I prevent it?
If you're talking about the "Prior Balance" in a Reconciliation, it's the sum of ALL transactions in an account (including prior and future transactions) that have an "R" in the CLR field.
SO, if you're manually changing a CLR value in the account, if you're adding or deleting transactions that have the "R", or if you're deleting one side of a transfer that and the other side has the "R" … the the Prior Balance of the impacted account will be impacted.
Also, if you're using QWeb or QMobile, the transactions downloaded from there can sometimes cause a newly downloaded transaction to overwrite a previously recorded one … and thus change the "R"
Hello @TeriFL,
We haven't heard back from you in a while. Do you still need assistance? Did the info provided by @NotACPA above help?
Check back and let us know! Thank you.
Hello again,
Checking in once more before this thread is closed. Let us know if you still need assistance.
Thank you!
Due to the lack of response, I went ahead and closed this post.
If you still require assistance, please feel free to start a new post.
