`Balance' dialog box.. what is it for.

[Harry Putnam]

Dale Alspach <alspach at math.okstate.edu> writes:

> For someone who wants to do a simple check register. All that is
> needed is a few simple instructions to handle the Transfer
> column. The default set of accounts contains Income and
> Expense. When the user tabs to the Transfer column, (s)he should
> enter "ex" (without quotes) when writing a check, making an ATM
> withdrawal, etc. and "in" when making any deposit. Gnucash then will
> choose Expense in the first case and Income in the second case for
> the split. All transactions will be balanced.

Haa, now we're talking

> My point is that gnucash will work fine for a simple checkbook
> without modification.  Gnucash is sufficiently flexible that a user
> can track at a level appropriate for the user's needs. All that is
> required is instructions at a level of accounting knowledge
> appropriate for the user.

Ok, cool so gnucash saw me coming... hehe.

How does this work in the case of importing a downloaded *qfx file? 
When I tried it I didn't see any way short of editing each and every
incoming tranaction to provide for the other half of each one.