Jeff
Yes you can delete the whole account but GnuCash will ask whether you
want to delete alll transactions to the account or transfer
transactions to another account as one of the options

It is always recommended to import in relatively small batches i.e. a
month at a time rather than one huge import and to reconcile between
imports so you pick up any errors. It pays to assign the second
accounts carefully during the import process as that trains the account
matching process. Import to the Imbalance account and then assigning
transactions to different accounts post import does not train the
system. I only have to assign a few transactions each monthby hand now
as the imort matching mechanism is well trained and recognizes what
account most transactions should be assigned to. It also pays to check
that any autoimatically assigned accounts are actually correct.

On Mon, 2026-01-12 at 09:30 -0800, Jeff Albrecht wrote:
> I suspected as much. However in my attempt to keep the original
> posting 
> short and concise I omitted the fact that there appears to be may 
> duplicate transactions perhaps from incomplete pattern matching
> during 
> the import of the checking account and the newly created money market
> account.
> 
> Can I delete the entire Money market account, re create and re import
> the .OFX file? What effect will that have on matching transactions in
> other existing accounts.
> 
>   - Jeff
> 
> 
> On 1/12/26 9:15 AM, John Ralls wrote:
> > Jeff,
> > 
> > Deposits to asset accounts *do* go in the debit column and
> > expenditures go to the credit column.. You’re confused by your
> > statements which report your account from the credit union’s point
> > of view where your account is a liability—they owe you the money.
> > 
> > Please study the first chapter of the Tutorial and Concept Guide to
> > get a basic understanding of the principles underlying GnuCash. We
> > always recommend supplementing that with a basic accounting text
> > for better depth.
> > 
> > Regards,
> > John Ralls
> > 
> > 
> > > On Jan 12, 2026, at 08:55, Jeff Albrecht <[email protected]> wrote:
> > > 
> > > Hi GNUCash users,
> > > 
> > > (some list members may remember a recent question I had about
> > > merging .OFX before import. All the .OFX files were created by
> > > the cu. The merge experiment, tabled, never touched my books)
> > > 
> > > I opened a money market account at my Credit Union (cu) in 2025.
> > > While importing the entire year of transactions for the new
> > > account and others at that same cu via a .OFX import I have
> > > mangled my books.
> > > 
> > > My cu accounts are Assets:CurrentAssets. I believe when asked
> > > during the import I attached the transactions to a single
> > > existing 0 transactions empty Assets:CurrentAssets emtpy Money
> > > Market account created from my original import from Quicken or
> > > from GNUCash..
> > > 
> > > A transaction report shows what appears to be many (?all?)
> > > deposits in the Debit column while many expenditures appear in
> > > the Credit column. Possibly wrong account type specified during
> > > account creation? Unlikely but possible. I'm no GNUCash power
> > > user but I have been using it for seven or more years. Can the
> > > account type be changed one created and entries added?
> > > 
> > > Can I delete the entire Money market account, re create and re
> > > import the .OFX file? What effect will that have on matching
> > > transactions in other existing accounts.
> > > 
> > > Restoring a backup from prior to the input is possible but I
> > > would loose hundreds of transactions memo details that are not
> > > included in the .OFX entered painstakingly over the course of a
> > > day of data entry (ebay amazon etc. item details)
> > > 
> > > Hoping for some insight and possible fix,,,
> > > 
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