Importing Bank transactions

[David Reiser]

On Mar 25, 2008, at 4:29 PM, henrymds wrote:

>
> Charles,
>
> My bank is Wachovia and I have been downloading transactions via  
> Quicken.  I
> have been doing this for so many years that I have forgotten how I  
> started.
> But I have to believe that it was all managed by Quicken. I was  
> expecting
> gnucash to offer me a list of financial institutions so that I could  
> pick
> out Wachovia and enter a few things, like my account number. Same  
> for my
> broker Scottrade. I have no idea how to do this manually.
>
> Henry Fallon


The places to start are:
http://wiki.gnucash.org/wiki/Setting_up_OFXDirectConnect_in_GnuCash_2
and
http://wiki.gnucash.org/wiki/OFX_Direct_Connect_Bank_Settings

Wachovia and Scottrade both have settings listed on the second link.

However, at the moment, direct investment imports do not work properly  
for stock trades. Unreinvested dividends work, but that hardly counts.

There is a way to pretend you're doing a direct download, then cancel  
the transaction matching dialog, then import the ofx data. But if  
there is any way you can download the investment data and then use  
File->Import->OFX/QFX to import it, that would be better. GnuCash  
needs some modification to use a newer version of aqbanking that has  
investment handling.

I have not had many problems importing banking data.

Dave
--
David Reiser
dbreiser at earthlink.net