When downloading transactions from my brokerage, Moneydance assigns the cash transactions as a cross-account transfer to the first account alphabetically in my account list, not to a category. I've even specified a default category in the Account Settings but that seems to have no effect.

Is there some sort of solution or workaround to this? The account that all these transactions are assigned has been rendered absolutely worthless until I update the transactions manually. And this is a rather tedious process. This is a serious design issue that makes me want to test other software.

This happens with multiple brokerages (Vanguard, Edward Jones).