tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/13071-not-understanding-the-importing-of-quicken-transactions-into-mdInfinite Kind: Discussion 2019-06-21T02:10:24Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/471008892019-03-22T00:50:41Z2019-03-22T00:50:41ZNot understanding the importing of Quicken transactions into MD<div><p>I'm a fellow user.</p>
<p>It depends on what is in the QIF file. If that file has multiple accounts in it then multiple accounts get populated, the importer will not selectively read just the transactions for one account.</p>
<p>If it only has one account in it then it populates that one account however, if there are transfers between accounts then the transfers will get posted to both accounts.</p>
<p>As the software is based on Double entry Accounting rules it must post both sides of every transaction it cannot just post one side of the transaction.</p>
<p>It is not clear to me what is in the QIF file you are using.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/471008892019-03-22T01:10:45Z2019-03-22T01:12:02ZNot understanding the importing of Quicken transactions into MD<div><p>Ah, that would explain things. Thanks, dwg. Well, I was right about one thing--I didn't understand the process. : - )</p>
<p>Yes, both of my Quicken exports were to . I see now: To import transactions for individual accounts into MD, I would have had to export transactions into individual QIF files, and then import them one by one into MD, right? Makes sense, now. Thank you for explaining.</p>
<p>As is, balances are correct, but I've only spot-checked transactions.</p>
<p>Given the way that I did populate MD, do you see any harm in proceeding as is, or is there anything to be gained by going back and exporting & importing individual QIF transaction files?</p></div>Tokendtag:infinitekind.tenderapp.com,2009-01-14:Comment/471008892019-03-22T01:55:38Z2019-03-22T01:55:38ZNot understanding the importing of Quicken transactions into MD<div><p>The approaches you can take fundamentally fall into the export all accounts to one QIF file or to export each account into its own QIF as you have surmised. All accounts in the the one file is the preferred approach as it helps to prevent duplicate transactions in your Moneydance data.</p>
<p>Processing account by account either means a big cleanup at the end to deal with duplicates or using techniques during the import to prevent them occurring in the first place. But there are usage cases where you need to do things account by account or you simply have no choice.</p>
<p>At the stage you are at I would go through and check all the accounts for correctness, make sure categories are correct etc, I see no need to do a re-import unless major problems are found.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/471008892019-03-22T02:09:05Z2019-03-22T02:09:06ZNot understanding the importing of Quicken transactions into MD<div><p>"At the stage you are at I would go through and check all the accounts for correctness, make sure categories are correct etc, I see no need to do a re-import unless major problems are found."</p>
<p>Music to my ears! I've already spent a week getting things to this point, and I plan to run Quicken and MD in parallel for a while to make sure I've got MD down. So, having to spend another week before beginning parallel..., well, I am very glad not to have to do that.</p>
<p>Thank you, again, for your help and clear explanations. Cheers!</p></div>Tokend