Not counterintuitive at all, but rather a matter of perspective.
You might be familiar with a bank 'crediting your account' which
increases its balance.
Now, you wonder why in your own books, crediting your bank account
decreases the balance.
That is because from the Bank's perspective,
On Wed, 14 Dec 2022 at 22:26, Steve Silva via gnucash-user <
gnucash-user@gnucash.org> wrote:
> Hi All,
> Thanks a lot for your input. Based on your observations, I really don't
> think I am going to make gnucash work for me, I have nearly 30 years worth
> of QIF data files and it seems like
Hi Kalpesh,
Thank you for the very thoughtful insight into this process. I will review it
again and see if I can get some traction.
SteveOn Thursday, December 15, 2022 at 11:30:49 AM CST, Kalpesh Patel
wrote:
Steve,
I went through this process of converting Quicken data into
> On Dec 14, 2022, at 6:52 PM, Liz wrote:
>
> On Wed, 14 Dec 2022 22:26:40 + (UTC)
> Steve Silva via gnucash-user wrote:
>
>> Hi All,
>> Thanks a lot for your input. Based on your observations, I really
>> don't think I am going to make gnucash work for me, I have nearly 30
>> years
On Wed, 14 Dec 2022 22:26:40 + (UTC)
Steve Silva via gnucash-user wrote:
> Hi All,
> Thanks a lot for your input. Based on your observations, I really
> don't think I am going to make gnucash work for me, I have nearly 30
> years worth of QIF data files and it seems like this odd double
"Double Entry" is an accounting method that makes it more difficult to make
mistakes that cannot be easily found and corrected during the process of
data entry. You don't actually see the 'other side' later unless you
deliberately look for it. It is not at all odd, in fact it is universally
used
I had used Quicken for only about 10 years when I changed over to GnuCash.
I just didn't bother to import anything (it didn't work at the time
anyway). I just kept Quicken data ending in year "X" and started fresh with
GnuCash in year "X+1". If I needed something from before X+1, I brought up
my
Steve, I’ve kept a copy of Microsoft Money that holds my data going back
that far. Anytime I need it, I can find my old records there. I started
anew with GnuCash in 2022. Might that work for you?
On Wed, Dec 14, 2022 at 4:27 PM Steve Silva via gnucash-user <
gnucash-user@gnucash.org> wrote:
>
Hi All,
Thanks a lot for your input. Based on your observations, I really don't think
I am going to make gnucash work for me, I have nearly 30 years worth of QIF
data files and it seems like this odd double entry method is something I can't
control, nor can I go back through 30 years of data
Hi Steve,
As Michael suggested, it is best to start with baby steps to learn how to
get good results with the import process. If you import more than one
account at a time you risk getting duplicates if both accounts in a
transaction are in the same import. There is a step in the import process
Hi Steve,
I was in the same situation when I first started about 7 years ago. Read
through the guide. It's really well written, easy to read, and answers a
lot of questions.
As for the imports, do some tests until you get comfortable. I would just
export your checking account, then import
That is the classic double entry bookkeeping system that GnuCash uses.
If you don't want that you need to use some other software.
On Tue, Dec 13, 2022, 16:35 Steve Silva via gnucash-user <
gnucash-user@gnucash.org> wrote:
> Hi All,
> I am trying out gnucash to replace Quicken. I have Quicken
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