Transactions always classified as Debits
I download transactions (from Chase) using QFX. They always are classified as debits; even when they are credits. Can MD tell the difference between debit and credit transactions for credit cards? All these transactions are classified as Expenses - which they usually are. Sometimes they are credits. I have discussed this in another discussion but have not gotten a response for about one week.
Thank you, Bob
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1 Posted by dwg on 23 Jan, 2025 10:09 PM
We have seen some institutions interpret specifications like OFX and QIF in rather interesting ways and hence see problems like this on occasions.
Under the menu option File => Preferences on the Network tab select the option "Ignore Transaction Types in Favor of Amount Signs" and see if that works better for you.
2 Posted by robjayd on 29 Jan, 2025 08:18 PM
I did what you suggested (I clicked on Settings => Network tab, then selected "Ignore Transactions in Favor of Amount Signs". And it worked!
Thank you for your very quick response. (Just yesterday one of the transactions imported was a Credit and it imported it as a Deposit.)
Thanks, Bob
robjayd closed this discussion on 29 Jan, 2025 08:18 PM.