More Questions on New Quicken Import

[Charles Day]

On Sun, Sep 7, 2008 at 11:12 AM, Tom Browder <tom.browder at gmail.com> wrote:

> On Sun, Sep 7, 2008 at 12:25 PM, Charles Day <cedayiv at gmail.com> wrote:
> ...
> > A little off-topic, but just wanted to warn you that if you imported any
> > sales of stock or other quicken securities, you will be missing capital
> > gains splits in the sell transactions. None of the importers compute
> capital
> > gains on security sales (or foreign exchange, for that matter.)  With as
> > much data as you imported, I would strongly suggest that you make sure
> your
> > 'trial balance' report (Reports->Income & Expense->Trial Balance)
> actually
> > balances before entering getting too far down the road.
>
> Thanks, Charles, for the heads up.   I think any hints about improving
> the Quicken => gnucash experience is pertinent here (and may be useful
> in that area of the user's manual).
>
> My Quicken data is so hosed now after a munged update with OFX that
> I'm going to have to spend the rest of my life straightening it out.
> Hopefully I can finish before they haul me out.
>

Just be aware that imported security sales not only fail to include capital
gains splits, but can put your books out of balance. Since you are unlikely
to have a great number of security sales transactions, I encourage you to
fix those now so that your portfolio will not include any problems
specifically due to the GnuCash importing process.


> The beauty of gnucash is that I can at least get to the raw data and
> have the possibility of some script manipulation.
>
> -Tom
>

Cheers,
Charles