The next window lists all transactions in the account which are either uncleared or reconciling. If this box is selected, then all transactions that were downloaded/imported on or before the date chosen will be marked as reconciling. The 'As of' date is only enabled if you download transactions for that account online. This is usually the balance listed on your most recent bank statement, or on your bank’s website.
You should enter an Ending Statement Balance. Initial Balance of the Account + Cleared Deposits - Cleared Payments It is calculated using the formula below. The Beginning Statement Balance on the reconcile window is a calculated value. You will be shown a non-editable Beginning Statement Balance. To begin, select the account in the sidebar. A green circle means the transaction is cleared (i.e.An orange diamond indicates it is reconciling.A blank space indicates the transaction is uncleared (i.e.In the 'C' column of a transaction, you can view the reconciliation (cleared) status. Reconciling accounts in Moneydance is akin to balancing a paper checkbook. The purpose of reconciling an account is to ensure that neither you nor your bank have made a mistake in recording transactions.
