Re: "bank balance" vs "local balance" by johnbusc
johnbusc
Sat Jul 02 06:57:16 CDT 2005
Mr S,
The "local balance" is the balance of transactions you have entered
(manually or electronically) into your account register. If you want
it to match your corresponding bank account balance, you have to make
sure you've included in the "local" register all the transactions that
your bank has posted. This is no different than one balancing a paper
checkbook.
Of course, if your "local balance" doesn't match your bank balance even
though you have balanced the account register with your bank statement
this could indicate a file corruption (usually repaired easily). Post
back with more detail if this is what you were implying. Thanks.
Regards,
JB
Mister Shed wrote:
> In Money 2004, how do I get the account list to show the correct bank
> balance, rather than some silly "local balance", whatever that is?
>
> Thanks
>
> Mr S