[GNC] Can't import .qif files from quicken since latest update

[sunfish62 at yahoo.com]

That's not always the case. Some brokerages (Schwab, for example) pull the money into an account directly, from which shares are purchased at some later date. It's essentially a cash based asset account, but it doesn't appear separately to the user.

One way to handle this is to place these transactions in the base brokerage account, which some on this list consider improper, since it puts transactions in a non-leaf account. Another way is to create a separate subaccount for these cash transactions.

Either way, the incoming cash would go to a basic asset account, which shouldn't trigger the error. It sounds from others like a recent update has caused trouble with the QIF importer. 

[FWIW, if your direct to a money market fund doesn't include the proper N code in the QIF, it appears it wouldn't work either, based on the error presented.]

⁣David T. ​

On Apr 7, 2024, 2:20 AM, at 2:20 AM, "Fross, Michael via gnucash-user" <gnucash-user at gnucash.org> wrote:
>Bryan, I believe "something" is purchased when you move money into an
>IRA.
>For me, it's a money market fund with the share price a constant $1.
>
>Michael
>
>On Sat, Apr 6, 2024 at 5:28 PM Bryan B. <goldenbluesanta at gmail.com>
>wrote:
>
>> I've tried several different methods to export a .qif file from
>quicken and
>> import it into GnuCash.
>>
>> The process of importing the file goes fine until I reach the part
>where
>> the actual import occurs. Then I get this type of message:
>>
>> "Missing QIF investment action for transaction dated 08/31/2023."
>>
>> Upon investigation, it would seem that these transactions are from
>> automated transfers from my bank account to an IRA fund. I believe
>these
>> are money transfers, where the money is simply transferred without
>> explicitly purchasing a security, and then the security is purchased
>later.
>>
>> When I opened and examined the .qif file, and did some conversation
>with
>> ChatGPT-4, it would seem that I would have to put a line such as
>> "N***XIn***" for each of the offending transactions. I did try that,
>and
>> GnuCash still didn't accept those transactions (that I could see).
>>
>> Is anyone familiar with this problem already, or have any ideas on
>how to
>> solve it?
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