TIP: Click on subject to list as thread! ANSI
echo: quicken
to: BILL WHITE
from: CHUCK THOMPSON
date: 1996-10-09 04:30:00
subject: Reconcile Problems

-=> 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.
___ Blue Wave/DOS v2.30
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