Balance adjustment on initial checking acct import

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susiekay1649
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Joined:Sat Jun 02, 2018 7:25 pm
Balance adjustment on initial checking acct import

Post by susiekay1649 » Sat Jun 02, 2018 7:44 pm

I've imported my checking account beginning 1/1/17 from Quicken into AceMoney and doublechecked the entries that were Reconciled in Quicken. However I have a negative balance of some -6000.00. How can I enter the balance from my checking account statement and make a balance adjustment in order to have the checking account balance going forward? It appears that there is no way to change the reconciliation balance to agree with the statement, and although all of the running totals agree with the Quicken balance, the reconciliation amount is way out of balance. I can add a balance adjustment deposit to bring the balance to '0' but it throws my running balances out of whack and doesn't let the reconciliation balance agree with my bank statement.
I should be able to enter the bank statement figure somewhere in AceMoney and make an adjustment to allow the checking reconciliation balance to agree with the bank statement.

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RLebeau
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Joined:Tue Jan 08, 2013 2:45 am
Location:California, USA
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Re: Balance adjustment on initial checking acct import

Post by RLebeau » Mon Jun 04, 2018 12:26 pm

In the properties dialog for the Checking account in AceMoney, do you have an "Opening Balance" that matches the total balance of the account at the start of 1/1/17? If so, and if the subsequent transactions from 1/1/17 onwards are accurate, then the account should balance out properly.
Remy Lebeau
Lebeau Software

User of AceMoney since 2004.

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