Why is Quicken Reconciling Against Transactions Not Yet downloaded from my bank to the Register

Paddy
Paddy Member ✭✭✭

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

  • NotACPA
    NotACPA Quicken Windows Subscription SuperUser ✭✭✭✭✭

    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 VP

  • Paddy
    Paddy Member ✭✭✭

    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.