tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/16422-aud-and-usd-currencyInfinite Kind: Discussion 2020-07-18T22:00:24Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T20:11:04Z2020-04-18T20:15:46ZAUD and USD Currency<div><p>I am not support staff, just a user.<br>
Hi Adriaan</p>
<p>The following is some notes I put together relating to importing a QIF file exported from another program. I think the section that call out note 1 is what you are looking for.</p>
<p>Process.</p>
<p>You need to use Quicken to export your data in a QIF file type. Ensure any closed account that have transfers to any open accounts are included in the QIF file, re-open these accounts if necessary.</p>
<p>Open the QIF file in a text editor. You are looking for the date format used in the file e.g. D25/03'2019 Day Month Year or D5/ 17'19 or D05/31/2017 Month Day Year etc. You will need this information later. If you get this wrong it will be apparent as the dates in Moneydance will be all over the place and you will need to start again creating a new data set.</p>
<p>QIF files were never meant for transferring data from one program to another, but it’s all that is available, you will need to spend time cleaning thing up when import is complete.</p>
<p>When you first start Moneydance it opens in the Welcome window click on “Create a new account set”. If you have opened Moneydance before create a new data set under FILE (MONEYDANCE on Mac) – NEW.</p>
<p>Select “Create New File” (Data Set) and click NEXT. Type in an Account Set Name (Data Set) and click NEXT. Change Primary Currency (base currency), if required. File Type, leave at “Standard Account set”, click FINISH.</p>
<p>In the side bar (list on left) under BANK deleted the two default Bank accounts, highlighting them in turn and using ACCOUNT – DELETE ACCOUNT.</p>
<p>NOTE: If you have accounts with currencies that are not in your base currency (foreign currencies) perform the steps under NOTE 1 before importing your QIF file as follows.</p>
<p>Drag and dropped the QIF file into the side bar (list on left).<br>
Waited for import window to appear, this can take a few minutes.</p>
<p>IMPORTANT: Checked all listed accounts are of the correct type and currency and changed if required.</p>
<p>The “Date Format” should be set to the date format used in the QIF file not the date format you want to use in Moneydance. Select the correct Decimal Character.</p>
<p>Click import and waited to account values to file in, again this can take some time, it may appear nothings happening.<br>
Some accounts maybe hidden under the “+” at the bottom of the side bar, added them back.</p>
<p>Some QIF files don’t include initial account balances. If you think this is the case you can add initial balance to affected accounts as follows.<br>
Highlighting an account, then click ACCOUNT – EDIT ACCOUNT and add an Initial Balance.</p>
<p>For investment accounts QIF file don’t always carry security prices other than buy sell prices, so investment account balances maybe wrong until you update with current security prices.</p>
<p>Reminder are not included in QIF files.</p>
<p>Any accounts that are inactive (closed) should be made inactive by highlighting the account in the side bar and clicking ACCOUNT – EDIT ACCOUNT and ticking the inactive box. To remove them from the side bar, right click and select REMOVE FROM SIDE BAR.</p>
<p>Now the real work starts to check balances and tidy thing up. This is especially true of investment accounts as not all action types are supported. But worth it in the end.</p>
<p>For information on how to use Moneydance see <a href="https://infinitekind.tenderapp.com/kb">https://infinitekind.tenderapp.com/kb</a></p>
<p>Note 1: This section only applies if you have accounts with currencies that are not in your base currency. For these currencies ensure “Show on summary page” box is ticked under TOOLS – CURRENCIES – highlight subject currency and double click – EDIT.<br>
Note: QIF file do not contain exchange rates. To overcome this QIF file shortcoming the Currency/Security History window must have current and dated exchange rates filled in which cover the date range of transactions in non-base currency account. As well as manually adding exchange rates you can import CSV exchange rate files downloaded from sites on the web. Use IMPORT button in the Currency/Security History window. If you have investment account their balances will probably be incorrect. This is due to the fact that the currency set in the security history windows will be in the Moneydance base currency. You can change to the correct security currency and provided exchange rates exist the values will be converted. As you do this re-calculation occurs, but I think the results should to be correct. No guarantees the section will work correctly.</p>
<p>Hope this helps.</p></div>derekkent23tag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T20:20:06Z2020-04-18T20:20:07ZAUD and USD Currency<div><p>Thanks. I will reimport following this.</p>
<p>Sent from Mail for Windows 10</p></div>Adritag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T20:39:29Z2020-04-18T20:39:30ZAUD and USD Currency<div><p>Is it possible to delete a full set of accounts? I want to start over<br>
again.</p></div>Adriaan Baltag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T20:52:25Z2020-04-18T20:52:25ZAUD and USD Currency<div><p>I'm a fellow user.</p>
<p>To start over again use the Menu command File --> New to create a new empty data set.</p>
<p>During the QIF import Moneydance provides you with a set of currency that a new account can be created in. By default this is a short list rather than the fill list of available currencies</p>
<p>I believe that if before you import and account if you set that currency to be displayed on the summary page then if will be included in the list of available currencies when performing the import.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T20:59:51Z2020-04-18T20:59:52ZAUD and USD Currency<div><p>Yes this is what I did. I liked this because I could set the AUD as a base currency and select some accounts to USD. I tried a couple iterations including importing just a couple years from a 20 year dataset. So I now have 4 account sets.</p>
<p>I think I finally decided what is the best most robust import method for me: except now MD will only import my credit card information from the same QIF even though the QIF shows all the accounts in the pre-import Acc/Curr check list. I am thinking that I have hit brick wall on my trail version and thought that if I could reset all parameters I will have another clean run and inports.</p>
<p>Otherwise I will install and reinstall. But sometimes an uninstall will not delete any datasets.</p>
<p>Thanks</p>
<p>Sent from Mail for Windows 10</p></div>Adritag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:13:11Z2020-04-18T21:13:11ZAUD and USD Currency<div><p>Uninstalling Moneydance does not delete any data sets, nor should it. You would not uninstall your word processor or spreadsheet software and accept that it deletes every word processing or spreadsheet file you have.</p>
<p>When you import a QIF file that has transfers in it Moneydance will need to create those accounts as part of the import hence they will be shown as well.</p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:18:11Z2020-04-18T21:18:12ZAUD and USD Currency<div><p>I found them. For some reason earlier QIF imported accounts showed up in the side bar. Later QIF imports hide the new accounts. I don’t know why, maybe just toggling some to USD had the effect. Anyway they are there.</p>
<p>Nevertheless I would like to delete my test account sets if it is possible.</p>
<p>Thanks for quick replies.</p>
<p>Sent from Mail for Windows 10</p></div>Adritag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:32:59Z2020-04-18T21:32:59ZAUD and USD Currency<div><p>For some unknown reason Moneydance adds accounts to the side bar at times yet at other times does not, using the + sign add the bottom of the side bar allows accounts to be added.</p>
<p>The following article discusses finding and deleting old unwanted data sets:</p>
<p><a href="https://infinitekind.tenderapp.com/kb/file-locations-and-changes/deleting-files">https://infinitekind.tenderapp.com/kb/file-locations-and-changes/de...</a></p></div>dwgtag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:48:33Z2020-04-18T21:48:33ZAUD and USD Currency<div><p>I am not support staff, just a user.<br>
Hi Adri</p>
<p>Glad I was able to help with your currency issue.</p>
<p>Have Fun</p></div>derekkent23tag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:51:18Z2020-04-18T21:51:18ZAUD and USD Currency<div><p>Thanks for helping</p>
<p>Sent from Mail for Windows 10</p></div>Adritag:infinitekind.tenderapp.com,2009-01-14:Comment/482520282020-04-18T21:54:24Z2020-04-18T21:54:25ZAUD and USD Currency<div><p>Excellent all good now. Currency is Ok and I can delete the old files. All I need to do now to check all the balances. Cheers thanks for your help.</p>
<p>Sent from Mail for Windows 10</p></div>Adri