Why is Quicken Reconciling Against Transactions Not Yet downloaded from my bank to the Register
Quicken Reconciling Against Transactions Not Yet in the Register. It wants me to reconcile with a cleared balance that showing a number that says 178.10 needs to be deducted from Quicken register. When I go to my bank, it shows 3 transactions processing for 178.10. Why is Quicken reconciling against transactions that aren’t in my register but are processing at the bank?
Answers
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It sounds like you're using the option to reconcile to the Online Balance, not a statement balance, and your bank has already deducted that $178.10 from your online balance.
Q user since February, 1990. DOS Version 4
Now running Quicken Windows Subscription, Business & Personal
Retired "Certified Information Systems Auditor" & Bank Audit VP0 -
This is a new behavior from Quicken. I have never seen this before. Quicken is also downloading pending payments to a vendor which won’t be delivered until December 5th. I think there are a few bugs introduced in the last update.
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