We learned a lot in this chapter about how to reconcile with your bank and credit card company every month.
Specifically, we covered:
- Manual reconciliation: You learned how to do the reconciliation, if you get printed monthly statements in the mail from your bank or your credit card company.
- Electronic reconciliation: On the other hand, if your bank or credit card company allows you to download electronic statements, we saw how to take advantage of that to further automate the reconciliation process.
- Changing or deleting reconciled transactions: We also saw why it is important not to change or delete reconciled transactions.
- Select the right account to import into: We stressed why it is important in GnuCash to make sure that you select the ...