Reconcile does not consider pending transactions

Gary Russell
Gary Russell Member ✭✭
edited July 2023 in Download, Add/Update Accounts (Windows)

I have been a user for 8 years. When i reconcile the pending transactions are subtracted from bank balance but not considered in the reconciliation process, Noe every time I reconcile a balance adjustment is required. I do not recall this in the past. Please help me with this confusion. Chase Bank and Wells Fargo

Answers

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭
    edited June 2023

    Some banks have started, erroneously, including the amount of Pending TXN in their Balance amounts but not downloading those txn … making reconciling to the downloaded amount nearly impossible.

    Until your bank straightens this out, the only remedy is to reconcile ONLY to the paper statement

    Q user since February, 1990. DOS Version 4
    Now running Quicken Windows Subscription, Business & Personal
    Retired "Certified Information Systems Auditor" & Bank Audit VP

  • Ps56k2
    Ps56k2 Quicken Windows Subscription Alumni ✭✭✭✭

    what bank -

    so we can merge this into one of the other topics on the same subject

This discussion has been closed.

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