-=> Quoting Bill White to Brian Collie <=-
BC> Quicken gets the beginning bank balance by using the total of all
BC> cleared transactions in the register. Is it possible you have
BC> inadvertently deleted a previously cleared transaction?
BW>
BW> This, BTW, points out my one main gripe about
BW> Quicken: the fact that it lets you change or delete a
BW> cleared transaction. That is bad bookkeeping. Once
BW> transactions have been cleared, they should be locked.
BW> If you find an ESP (error some place), a correcting
BW> entry should be made.
Bill --
You sound like an accountant!
Actually, you are correct if you're talking about business books,
those subject to audit, etc.
However, being able to change a "cleared" transaction isn't really
any different from going back into your paper check register and
changing something you entered, and then bringing down the recomputed
balances to date -- it just takes seconds instead of minutes or hours.
When you're talking about your own personal books, Quicken's flexibility
in this regard is a "plus." When you talk about "correcting entry"
you're getting into an area which may be foreign to a large number of
Quicken users (to whom "double entry bookkeeping" doesn't make sense).
BW> Yeah, I know, you can password those cleared
BW> transactions. I have one file with transactions prior
BW> to 1993 that I am unable to clear out because I forgot
BW> the password. I've tried everything logical and a lot
BW> illogical, but nada. All I can remember is when I
BW> applied the password I thought it made a lot of sense.
BW> Yeah, right!
(8^}
Cheers......................... c h u c k
... If at first you don't succeed, destroy all evidence that you tried.
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