Path: utzoo!attcan!uunet!lll-winken!lll-ncis!helios.ee.lbl.gov!nosc!ucsd!orion.cf.uci.edu!oberon!pollux.usc.edu!schase
From: schase@pollux.usc.edu (Scott Chase)
Newsgroups: comp.sys.mac
Subject: Re: MacMoney end of year
Keywords: MacMoney end-of-year
Message-ID: <14559@oberon.USC.EDU>
Date: 10 Jan 89 03:16:24 GMT
References: <1664@helios.ee.lbl.gov>
Sender: news@oberon.USC.EDU
Reply-To: schase@pollux.usc.edu (Scott Chase)
Organization: University of Southern California, Los Angeles, CA
Lines: 34

In article <1664@helios.ee.lbl.gov> lewis@bevsun.bev.lbl.gov (Steve Lewis) writes:
>Recent articles mentioned end of year coping with Dollars and Sense.  I
>have just attempted my first end of year with MacMoney.  All of last years
>transactions become unavailable in the sense that a new set of files is
>created.  How does one gracefully reconcile accounts across the few months
>it takes for all checks and credit cards to clear?  (The old stuff is
>available by closing the current year and reopening the old year, but
>the reconcile feature would be useless without the new data from the current
>year.)  I feel foolish resorted to paper and pencil, just like I did
>before using the product.  Even humble Electric Checkbook let you bridge the
>year end, then delete old transactions!
>
>-- Steve


On pages 150-151 of the 3.0 manual (which you should have gotten as a free
upgrade if you are a registerd user) two different methods of reconciling
across fiscal years are shown. Unfortunately, they are not very elegant
and consist of printing out a report of all unreconciled transactions before
closing out the year. When reconciling in the new year, use the copy of
the transaction report and check off any of last year's transactions that
have cleared since the end of the year. The amount still not cleared should
equal the amount by which the current year reconciliation is out of balance.

This may sound confusing and messy, but it really isn't bad unless you have
a lot of uncleared transactions at the end of the year.

Scott


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         Scott Chase            schase@pollux.usc.edu
                                iak8sct@oac.ucla.edu
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