Money changed balanced account

When I balanced my checking account statement last month
everything reconsiled fine and I had a balance of $0. When
I went to balance my new statement, the MS Money balance
wizard said the last balance of my reconsiled statement
was $204.00. It should have said $0.

I've never had this problem before. Money has always
correctly remembered what the previous statement's ending
balance was.

The only thing I can think of that might have affected it
is I downloaded some checking account transactions from my
bank last month and imported them into money.

Any ideas if this could wack out my balance?

Thanks,

Steve

via_newsgroup
Thu Jan 22 14:14:02 CST 2004

In microsoft.public.money, hodgdon wrote:

>When I balanced my checking account statement last month
>everything reconsiled fine and I had a balance of $0. When
>I went to balance my new statement, the MS Money balance
>wizard said the last balance of my reconsiled statement
>was $204.00. It should have said $0.

===================Bonnie Synhorst said=======================
|Balancing can be frustrating. .. My rule of thumb is to avoid
|changing the starting statement balance that it asks for. If you
|do this, it will try to make an adjustment that you may not have
|needed to make (if you were balancing months out of order, for
|instance). I recommend balancing month by month starting from the
|earliest date after you are sure that nothing is marked with an R.
|
|Just remember, the opening balance it asks for is a calculation of
|the opening account balance plus or minus any reconciled
|transactions.
==========================================


You might sort the register View by entry order to see if any
entries entered since the last balance are marked Reconciled. You
might set the View to show only unreconciled transactions to see if
any pre-date the balance date.


http://support.microsoft.com/default.aspx?scid=KB;EN-US;138960 could
be of interest.

Dick
Thu Jan 22 19:13:24 CST 2004

Downloaded data causes many people more trouble than it can possibly be
worth. One other thought comes from this as yet unpublished FAQ:
---
Q): How come my account keeps having the starting balance not match the
statement?
[Relevant to Money2002 (v.10)]

A): One possible source of this issue is if you use or ever did use M02 to
add a transaction that is marked as reconciled in a register to Bills and
Deposits. M02 retains that reconciled status in the scheduled item in error.
When you enter one of these transactions from the scheduled items to the
register, it enters "pre-reconciled." (If you look closely when entering it
into the register you will also see that it shows as reconciled. This is the
only obvious clue that this is what is happening.) Since starting balance
for balancing is computed by adding up all of the reconciled transactions,
this will screw up starting balance--and it should also get in the way when
you go to balance since the statement will show this transaction and the
cleared/uncleared items in the Money account will not.

M03 and higher are fixed to not create bad scheduled items like M02, but
they won't find them and eliminate them either. The only way to fix a
scheduled item that is marked as reconciled is to delete it and reschedule
it from an item that is not marked cleared/reconciled.

"hodgdon" <anonymous@discussions.microsoft.com> wrote in message
news:266501c3e115$cea2bb80$a001280a@phx.gbl...
> When I balanced my checking account statement last month
> everything reconsiled fine and I had a balance of $0. When
> I went to balance my new statement, the MS Money balance
> wizard said the last balance of my reconsiled statement
> was $204.00. It should have said $0.
>
> I've never had this problem before. Money has always
> correctly remembered what the previous statement's ending
> balance was.
>
> The only thing I can think of that might have affected it
> is I downloaded some checking account transactions from my
> bank last month and imported them into money.
>
> Any ideas if this could wack out my balance?