On 29 Oct 96 05:26am, WAYNE HICKS wrote to BRUCE WILSON:
BW>>The problem with one is that it can't be "reconciled" like a bank
  >>account, transactions aren't cleared, and they'll be with you to
  >>your dieing day, no matter how many year-ends you do with Quicken.
 WH> Hmmm...don't have enough experience with Quicken to figure out 
 WH> the impact of your statement.  I did set up the CASH ACCOUNT and 
 WH> it is working a'ight for me at the moment.
When you reconcile a checking account, all the transactions which
are reflected on the bank statement (paid checks) are flagged as
cleared.  When you do a year-end, all cleared transactions are
purged from the new data file.  Cash accounts can't be reconciled
like checking accounts, transactions are never flagged as cleared,
so they're not purged at year-end; and they're with you forever.
--- Via Silver Xpress V4.3 BT004
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