First account qfx balance issues

[David T.]

Not seeing any replies yet, I'll note that there are a lot of potential reasons why your numbers don't align. 


Taking one: Are you sure that your opening balance figure matches the bank balance at the point of your OFX file? Many times, the dates on which a transaction is registered can differ, depending on your perspective. For example, you might write a check on November 1, but the bank doesn't cash it until November 10. If you have rolled a transaction into your opening balance that is then included in the OFX data, your balances will be off.

I am sure others can offer other suggestions. It may be necessary for you to give us a little more detail to help further.


HTH,
David



________________________________
 From: uminded <iceblu3710 at gmail.com>
To: gnucash-user at gnucash.org 
Sent: Sunday, November 9, 2014 7:01 PM
Subject: First account qfx balance issues
 

I am trying to learn gnucash and am having a difficult time even getting
things set up correctly. 

I have an an account setup and I put the opening balance as what the account
has as of the qfx download. When I import the file I do not get the proper
account balance. I tried moving the opening balance date to one transaction
before the qfx and adjusting the value to match but it still does not
balance out correctly.

I would like to import a qfx file every weekend from my online banking (it
does not support direct downloading) but gnucash is VERY unfriendly to this
setup for me.

Is there a tutorial or personal finances walkthrough I can follow, the
manual has you manually entering each transaction like a chequebook which is
ridiculous for my uses.



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