Re: Balancing previous statements -- help? by via_newsgroup
via_newsgroup
Mon Mar 14 11:17:28 CST 2005
In microsoft.public.money, bmuse21 wrote:
>Just got Money 2005, and have entered complete account activity for 2004.
>I'm trying to balance the accounts now -- but get the message "Money has
>calculated a different opening balance than the one you entered", and can't
>go any farther.
>
>I began with the January statement's opening balance, and the ending balance
>of each month in Money matches each month's bank statement, so I know the
>figures are right.
>
>I have a mixture of E's, C's, and R's in the "Reconciled" column.
>
>I get this error message whether I try balancing January 1-31, or any other
>month.
>
>How do I go about balancing all these prior months of activity? I'm sure
>I'm missing something somewhere
If you want to go thru the regular balancing process, start with the
oldest first.
If you know you have your balance correct at a point in time,
and declare an account balanced to that point in time, you can
mark all entries balanced. Select to show only unreconciled
transactions. Sort by date, and go to the oldest transaction.
Hold down Cntl+Shift+M and let auto-repeat work thru the
transactions until none are left showing, except those newer than
the date you want to stop the process at. Then balance making the
starting and ending balance match the known balance. Choose the
balance date to be the day after your last transaction. This is
not the normal procedure. It starts you with an amnesty for former
balancing.