What does "status" mean?

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Jan Baker
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Every transaction may exist in one of the following states:

Reconciled or Cleared - Transaction was successfully counted and is complete.

Uncleared - Transaction waiting for entering into an account (used also for common records with a date in the future).

Void - Transactions in the future (mainly for standing orders), or canceled transaction.

 

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    Fabian Echevers

    Thanks for the info. So if reconciled is not in use... why does it still appear? and second will it act as cleared?

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