GNUCash Setup

[Mike or Penny Novack]

Can anyone suggest someone to help migrate my books from MYOB Business
Basics (Windows XP) to GNUCash (Mavericks 10.9.5)? I'm an Australian based
small business.

> I'm not sure that there is an obvious migration path, but when I moved my small business from Quicken, I basically entered the previous year's worth of data into GnuCash by hand. It was laborious, but it took me a couple of days max, and I learnt a lot about GnuCash as I went. (Hint: you'll make lots of mistakes, so get used to rolling back to the last good backup).
>
> After I had data in both systems for the previous financial year, I ran reports to satisfy myself that they both agreed. After that I entered all transactions into both systems for a month or two, before leaving Quicken in an XP Virtual Machine for future reference, and moving full time onto GnuCash.
>
> I don't think there is a quick way of doing it, but for me the journey is part of the learning process.
>
> P. _____________________________________________

That is a good description of how I did it so as to be able to TEST the 
process.

But in terms of the actual move, not that hard. Not that hard assuming 
you could still use the old software to reproduce OLD data and reports. 
Not that hard if doing the migration as of the start of the accounting 
cycle (after a "close the books"). At this point the only data to be 
migrated is all of the STANDING accounts (assets, liabilities, equity).  
For some of those you would need only the balance at the start of the 
new period. Technically, for all of them, but for convenience you would 
probably want more history for fixed assets with depreciation history, 
long running liabilities, etc.

Michael D Novack