When I did the bank reconciliation which is as of January 15, 2001 I cleared check number 731 dated December 5, 2000 for $15.00. In actuality the check is still outstanding. I am unable to get back to the December outstanding checks in the new year and correct this mistake.

Please give me detail instructions on how to get back to the outstanding checks that were in the starting of the new year. I made the mistake of clearing the check for $15.00 which is still outstanding.

It is important to remember that these “carried forward” transactions actually exist only in the ‘old year,’ and appear only in the ‘new year’ as part of the reconciliation procedure. Further, if you go back into the ‘old year’ and make a change that affects one of these “carried forward” transactions, and then use Utilities | Update Starting Balances, there will be no effect on the “carried forward” transaction in the new year. Update Starting Balances affects starting balances only, not individual transactions.

If there are any uncleared transactions from last year:

Go to Enter Transactions and select Tools | Transaction Activity Options. Select [x] Cleared Transactions in Reconcile. Select Ok to save the option. Now exit and return to Reconcile Statements. Now all transactions appear even the cleared transactions. Note: If there are no uncleared transactions left from last year then no transactions will be shown from last year.

If there are no uncleared transactions left from last year or the transactions were entered after the data was rolled over to the new year,:

Enter 2 new transactions in the new year. One transaction is the check with the status of outstanding. The other transaction is a deposit that is cleared. Both transactions are for the same amount and using the same account(s). This way no balances are affected since the two transactions offset each other. The outstanding check will now appear in the Reconcile.

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Renée Trudeau
Financial Navigator Service Provider

Starting with Navigator Version 8.2, you can now view of the previous year's transactions even if all of the transactions were cleared. It is now easy to change the status back to Outstanding.

If new transactions were entered in last year after the data was rolled over to the new year, you still need to enter two transactions as described above.