OFX question

Derek Atkins warlord at MIT.EDU
Wed Mar 19 12:26:56 CST 2003


plussier at mindspring.com writes:

> Currently, from my bank, I need to download 2 QIF files; one for 
> checking, and one for savings.  Online transfers between the 2 result 
> in duplicate entries being made into Gnucash.  Would you expect any 
> given bank to:

Do you load both QIF files together, or do you import one, complete
the import, and then import the other?

I would recommend you use the former process which does a better job
of matching the QIFs internally.

>     - provide 1 OFX file covering all accounts you have at that bank
>     - provide 1 OFX fil/account but maintain txn IDs between 
>       them
>     - provide 1 OFX file/account and use different txn IDs in each?

Different banks do different things.  My Vanguard account, for
example, supports the first option here.

> I'm a little leary of having Gnucash directly connected to my bank.  
> I like the fact that I have all my data centralized, but each bank 
> thinks they're the only ones I do business with :)  So, this
> "lack of feature" IMO, is added security, which I'm just fine with :)

Well, some Quicken users want this feature.  That doesn't mean you have
to use it ;)

> Thanks for answering my questions!

-derek
-- 
       Derek Atkins, SB '93 MIT EE, SM '95 MIT Media Laboratory
       Member, MIT Student Information Processing Board  (SIPB)
       URL: http://web.mit.edu/warlord/    PP-ASEL-IA     N1NWH
       warlord at MIT.EDU                        PGP key available


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