Recently I just finished up a personal project to get the period of time between Jan 2006 and Sep 2007 completely reconciled in my personal books. There were about 1,600 transactions to individually verify.

Once I had eliminated about a dozen small transactions (recording $20 of money spent twice, etc) that didn’t belong on my side, something interesting showed up.

It looks like there was a bank error that had been hidden by my own small errors. The reconciled balance from Oct 2007 through the present had always been within a small margin of where it was supposed to be. Once the little duplicate transactions were stripped out, a $500 bank error became obvious.

So in exchange for the mind numbing work, it looks like the process will net $500 in adjustments that I wouldn’t have noticed otherwise. It had always bothered me a little that I hadn’t ever reconciled these ancient personal bank statements, and I finally did it, and it looks like there’ll even be a payoff.

Just thought I’d share. And now I’d better go something completely non-bookkeeping related before I get too many funny looks.