What is the difference between "Reconciled" and "Cleared"? The docs are not clear, please update them.

Also for Cash accounts the default state should not be "Not reconciled". How a cash payment may be not reconciled?

From KMyMoney Handbook:
"To mark a transaction as cleared, click on the C column in the list view. A transaction is cleared when it matches the transaction on your statement.
...
When the difference between the statement and the cleared balance is zero then the account is reconciled and you can click the Finish button. When you do this, KMyMoney takes all the transactions which have been marked as cleared and marks them as reconciled, and the value in the C column changes from “C” to “R” to reflect the change."

So what docs are not clear for you? and what should be updated??

kbob wrote:From KMyMoney Handbook:
"To mark a transaction as cleared, click on the C column in the list view. A transaction is cleared when it matches the transaction on your statement.
...
When the difference between the statement and the cleared balance is zero then the account is reconciled and you can click the Finish button. When you do this, KMyMoney takes all the transactions which have been marked as cleared and marks them as reconciled, and the value in the C column changes from “C” to “R” to reflect the change."

So what docs are not clear for you? and what should be updated??

I yet don't understand what is the difference between reconciled and cleared.

porton wrote:I yet don't understand what is the difference between reconciled and cleared.

May be you should just take your bank statement and do a reconciliation. It seems like you never did it and that's why you don't see any difference between cleared and reconciled.

kbob wrote:

porton wrote:I yet don't understand what is the difference between reconciled and cleared.

May be you should just take your bank statement and do a reconciliation. It seems like you never did it and that's why you don't see any difference between cleared and reconciled.

Probably I never did this. I ask again about the difference. I need someone to explain me.

Over time, you enter transactions (I assume manually) into KMyMoney. After some time, you receive a statement from the bank. Looking at the current balance in KMyMoney and the ending balance of your statement shows a difference. This is not what you expected. So you start the so called reconciliation process.

To support that process, KMyMoney asks for the starting and ending balance of your statement (if you ever reconciled the account, KMyMoney tells you its idea about the starting balance). During the process you are presented with all cleared and non-cleared transactions of your account not the ones that are marked reconciled. Compare your transactions to those on the statement. In case a transaction matches, you mark that transaction as cleared.

During the reconciliation process, KMyMoney tells you if there is a difference between the ending balance of the statement and the cleared transactions. If there is, you still have a problem. Keep correcting your transactions until the difference shows zero. (A frequent error is that you enter a transaction as deposit even when it is a withdrawal. The amount seems to be correct, but it certainly has an impact on the ending balance.) See this section of the manual, which shows a screen shot of a reconciliation with a zero difference.

Once the difference is zero and all your transactions found on the statement are present in the ledger and are marked cleared your figures match those of the bank. In that case you finish the reconciliation and all the transactions marked as cleared will now become reconciled (which means, they are not taken into account during the next reconciliation).

So basically 'cleared' means 'transaction prepared for reconciliation and verified against the banks idea of the transaction' and 'reconciled' means that it was reconciled and will not be used during future reconciliations.

Hope that explains what you are looking for.