Buxfer: Blog

Manually reconcile your bank statements

December 20th, 2007 by Shashank

For those who can’t automatically import data from their bank into Buxfer, we have added the ability to manually reconcile transactions with your bank statements. Just enter your expenses as they happen, and with a few clicks, reconcile them at the end of every month.

To reconcile your transactions, simply select them one-by-one using the checkboxes, and then hit ‘Reconcile’ (as shown in the screenshot below)

In addition to reconciling, you can also set a transaction’s status as pending, so that it doesn’t contribute to the net balance, or net expense in your Buxfer account. This is very useful if you want to track expenses which take a long time for your bank to clear. If you write a lot of checks, this feature is just for you!

Hope you like the new features :)

This entry was posted on Thursday, December 20th, 2007 at 2:17 am and is filed under Transactions. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Craig Says:
December 20th, 2007 at 6:47 am

Hooray, no more “Pending Transactions” account =D

Attilio Says:
December 20th, 2007 at 8:46 am

This is a good feature ! Now I want to try it. First thing I suggest to put a status “none” (the default one) : now if you change a transaction status from “no status” to reconciled or pending you cannot go back without deleting the transaction and writing a new one.

Shashank Says:
December 20th, 2007 at 1:51 pm

Congratulations Craig! :)

Shashank Says:
December 20th, 2007 at 1:55 pm

Attilio,

We don’t want to place restrictions because sometimes users might change the status of a transaction just to play around. And more importantly, we didn’t see the harm in keeping it completely free. Is there any harm in going back from ‘Pending’ status to the ‘none’ status?

Attilio Says:
December 23rd, 2007 at 4:57 am

Ehm.. This ought to be my bad english… I would mean that I thought it wasn’t possible to uncheck the state because I realized that in the multiple selection wasn’t.
D’you think is possible to have this feature (back to no status) in the multiple selection too ?

Shashank Says:
December 23rd, 2007 at 1:32 pm

Oh, my bad! I will add this option to the multiple selection soon. Thanks for pointing that out!