[moneydance] Dead to support@moneydance.com
Katahdin
MoneyDance at intermod.net
Wed Mar 26 23:43:20 EST 2008
I think (hope) we're saying the same thing !!
To clarify reference points - the data in MD is to be reconciled with the
corresponding bank statement.
If you are using MD or any software to reconcile, the data that you're
reconciling
should come from another source "OTHER" than the source that you're
reconciling TO.
Otherwise, why bother to reconcile. It will ALWAYS agree, and if your bank
NEVER makes
a mistake there is no need to go through the reconciliation procedure.
Hope this is clearer.
But I was asking Larry, what is it that I don't understand.
On Wed, Mar 26, 2008 at 11:30 PM, Hans Derycke <hans at derycke.com> wrote:
> That makes no sense. You can just reconcile the transactions you are
> downloading against your receipts. What you are downloading == bank
> records, your receipts (or other records, such as duplicate checks) ==
> a source other than the bank.
>
> On Mar 26, 2008, at 9:15 PM, Katahdin wrote:
> > Larry -
> > I'm curious as to your desperation.
> > What are you downloading that would cause that?
> > The reason I ask, is that I can only see the purpose of downloading
> > bank
> > transactions - checks/deposits/credit memos/etc - is when you are
> > entering
> > data for a new account in the computer, and you want to quickly get
> > it "up
> > to date". Normally, for a valid reconciliation, you want to enter
> > in your
> > banking s/w your transactions from a source other than the bank, in
> > order to
> > 'reconcile your records with the bank records, to verify that the bank
> > hasn't made a mistake.
> > Cheers, Hersey
>
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