tag:infinitekind.tenderapp.com,2009-01-14:/discussions/switching-from-another-personal-finance-program/21190-selective-qif-importInfinite Kind: Discussion 2022-09-28T23:00:18Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/548376022022-06-29T22:58:16Z2022-06-29T22:58:16ZSelective QIF import<div><p>I'm a fellow user.</p>
<p>To answer your questions</p>
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<p>Yes Moneydance will create the second account and post a transaction to it.</p>
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<p>No you cannot delete the second account as it will delete the transaction from the first account in the process.</p>
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<p>Moneydance is based on the rules of double entry accounting and the prime rule is that for every credit there must be a corresponding and equal debit, so in other words you cannot have only one side of a transaction. So for each transaction you enter there has to be either an other account or a category.</p>
<p>I have an Investment that goes back to the early 1980's with transfers from a bank account, but my account history does not go back that far. So I have that old account with only a few transactions in it, but so that it does not have any impact on things like net worth I have marked it as inactive. When a account it marked inactive it still exists so the other side of transactions have the desired effect but any total in the account does not get included anywhere. I have also removed the account from the summary page and side bar.</p></div>dwg