I know I'm getting older and older folk tend to get cranky about stuff but the internet / cloud services are dumbing down basic services more and more and more.
Technology is meant to improve our lives not limit our options and cause as much grief as it does.
Case in point
Bank balances, since banks were created and had ledger books (so at least 200 plus years) have had a simple formula.
Opening balance, plus all ledger entries = final balance.
Not any more. Westpac have confirmed this is not always the case. Now I understand there maybe pending transactions (uncleared) but the way that is handled is there is a discrepancy between AVAILABLE BALANCE and LEDGER BALANCE that takes this into account. What I do not expect is that my ledger balance does not equal opening balance,plus transactions.
200 plus years of standard practice flushed because of technology. I spent a wasted hour trying to balance my cashbook against the Westpac balance and failed to do so until I phoned them to figure out the discrepancy.
It turns out I'm not the only person asking how why this isn't so - having trouble reconciling bank accounts. Westpac say this is just the way it is.
Thanks Westpac cloud services and technology. Basic processes broken again. 200 plus years of common practice flushed for no good purpose. Well done. You've made the world a dumber and more difficult place. Good job!