You have many transactions that go back several years.
Here are some examples of when or why you might change the starting balance.
RECONCILE ACCOUNTS IN QUICKEN 2017 FOR MAC PLUS
If the sum of the reconciled transactions plus the cleared transactions happens to equal the ending balance (very unlikely given that you changed the starting balance but possible) then the starting balance adjustment is not inserted because, if it were, there would have to be an ending balance that completely negates the starting balance in order to equal the ending balance.However, an ending balance adjustment that is zero will not be inserted. If the sum of the reconciled transactions plus the cleared transactions, but not including the starting adjustment, does not equal the ending balance, then the starting balance adjustment will be inserted and an ending balance will also be inserted if it is needed to total to the ending balance.Here are explanations of how the starting balance adjustment works with all the possible cases: At the end of the reconcile process, an adjustment for $25 will be inserted in the register, increasing the balance by $25 as you indicated by your change.Īs described earlier, Quicken will offer to insert ending balance adjustments when you can't balance.You change the starting balance to $125.Suppose that Quicken computes a stating balance of $100.When you change the starting balance, Quicken will insert an adjustment transaction at the end of the reconcile process such that the register balance is adjusted by the amount of the change. What happens when the opening balance is changed? However, you can change this number if you feel the need. Normally, you will not change the number that Quicken puts here. The balance shown is the result of all reconciled transactions and, as long as you didn't change a reconcile transaction, will equal the ending balance of your last reconciliation. If you choose to reconcile using a paper statement, Quicken will show you a Starting Balance (also known as a Prior Balance).
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