Reconciliation Issue

RalphW · February 1

I recently had to undo a reconciliation, there was a discrepancy I couldn't identify. Now when I go back to start to reconcile there is already a 'Cleared Balance' before I have even started. Is there a way to clear this?

Chris_QPW · February 1

The cleared balance is a calculated balance. It is the sum of ALL reconciled transactions, and the cleared transactions up to the end date of the reconcile. If you have reconciled transactions after the end date, they will be included. The fact that Quicken Windows includes reconciled transactions after the end date means that you can never do "partial reconciles" of time ranges in the past.

RalphW · February 1

Also, I made sure that i had unreconciled everything from my last reconciliation so it should have been a 'clean' start

Chris_QPW · February 1

OK, maybe didn't understand the situation. "Cleared Balance" shouldn't be "zero" even if you have no cleared transactions. With no cleared transactions your "Cleared Balance" should be the same as the running balance of the last reconciled transaction.

And if that balance is wrong from say your last statement balance then one of the reconciled transactions has either been changed, deleted or added. The first thing I would check is if the Opening Balance of the register is correct, since there is a known bug that Quicken changes that transaction (the first one in the register) sometimes when it shouldn't.

RalphW · February 2

You're correct, I hadnt thought of that, I'm back tracking now and think I've got it figured out. Your info was very helpful, appreciate it

Reconciliation Issue

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