CREDIT CARD RECONCILIATION
Quicken 2018 Deluxe
OS: Windows 10
I am looking for help with a credit card
reconciliation. So far, I haven’t found
the exact situation in the postings.
I am reconciling a credit card statement for the period
Previous statements, including period ending 9/28/18 reconciled
without problem and the previous bill was paid in full.
All register entries match the credit card statement; if I
do the math on paper I get a balance.
However, the Quicken reconcile summary shows a discrepancy
of $114.80. This difference corresponds (coincidentally?)
to the total of two bills that are identified in the register and the statement
and are marked “c”. (49.00 & $65.80)
If I add to the reconcile statement duplicates of those charges,
the reconciliation will balance but it would not be accurate; I shouldn’t enter
a duplicate charge just to make the math work in Quicken.
So I suspected a glitch in the posting or in Quicken.
I checked the posting date of the transactions. The posting date was incorrect on one
transaction and missing on the other, so I changed the posting date to match
the purchase date and fall within the statement period.
I checked my opening balance for the account and cannot see
a problem with it although I’m not sure what I’d be looking for since this
account picks up from a previous card that was replaced.
I scrolled through all of the transactions to see if I might
notice anything but all have been reconciled up through 9/28/18.
Finally, I performed a validation and repair check but the
program found no problems.