lkpinto.blogg.se - Quicken 2016 update 11

You want to reconcile with your register balance with your bank balance and you want to fix errors in your register.

You want to reconcile with your register balance equaling your bank balance (without counting outstanding transactions) as quickly as possible and you are not interested in fixing every error in your register.

If you have not reconciled every month since you created your account in Quicken, you need to decide which of the following is most important to you:

The reason this can happen is because the new reconciliation is stricter about what constitutes reconciliation than earlier versions.

Note: You may have conscientiously reconciled every period and still find yourself unable to balance and needing an adjustment transaction during your first reconciliation using the new process. If you have reconciled every month since you created your account in Quicken, you have no extra work and you can simply follow the standard steps for reconciling. However, if you are upgrading, you may have some work to do at the time of your first reconcile. The reconciliation process introduced in Quicken 2016 v3.5 is much improved over earlier versions in that it will make your register’s balance match your bank’s balance (after outstanding transactions are removed from the calculation).