Bank account balance incorrect after import from Quicken

[Tom Allred]

Pretty close!  Apparently during the import process an offsetting/reversing
transaction was automatically created by gnucash for the opening balance
entry.  The Reconcile column was "n" for this entry.  I figured if I just
deleted that entry then all would be well but I was wrong.  I got a warning
that the entry was part of a split reconciled transaction.  When I deleted
it anyway it also deleted the actual opening balance reconciled entry which
left me with the same incorrect current balance.  I created a new Opening
Balance transaction which I offset to a dummy account and that made the
current balance correct.  It won't let me mark it as Reconciled so I don't
know what that means for down the road.  I'm assuming gnucash also made
automatic offsetting opening balance transactions for all my accounts but I
haven't checked yet.  Leaves me concerned for what other gotchas gnucash
might have left lurking in the accounts that are going to mess me up later.
Thanks,
Tom

  _____  

From: Geert Janssens [mailto:geert.gnucash at kobaltwit.be] 
Sent: Tuesday, September 01, 2015 4:04 AM
To: gnucash-user at gnucash.org; tallred7 at triad.rr.com
Subject: Re: Bank account balance incorrect after import from Quicken



On Tuesday 01 September 2015 03:50:05 Tom Allred wrote:

> Just installed the latest version of gnucash and imported everything

> from quicken. Have data back to 1995. No errors during the import

> process but my primary checking account balance is low by around

> $3,000. I reconcile it every month and just did the latest one a

> couple of days ago before the export/import. Need suggestions on

> where to even start looking given my newness to the product, the

> amount of data, and lack of errors during import.

> 

Could this be a matter of a missing opening balance ?

 

Regards,

 

Geert

 

 

> If it matters I'm on Windows XP and moving to Win7. Was looking to

> avoid buying Quicken (I'm using the 2000 version) for Win7 so that's

> why I was considering gnucash. Thanks.

> _______________________________________________

> gnucash-user mailing list

> gnucash-user at gnucash.org

> https://lists.gnucash.org/mailman/listinfo/gnucash-user

> -----

> Please remember to CC this list on all your replies.

> You can do this by using Reply-To-List or Reply-All.