Importing Quicken
Ken Pyzik
pyz01 at cox.net
Sat Mar 10 11:12:40 EST 2018
Edward -- I did the switch about 8 months ago and have not looked back.
I am pretty sure you can directly import your file from Quicken. I do not
remember exactly how I did it but I think QIF means quicken file so it
should work.
Three things to be aware:
1. If you use categories -- those no longer exist is GNUCASH. Each
category, theoretically becomes a separate account
2. Double entry accounting means that for every entry there will be an
opposite an equal "counter" entry into a second account
3. Finally, to get started at the beginning, you will have some "beginning
balances" entries.
Hope this all makes sense. It may not covert over 100% --- and depending
upon how long you were using Quicken -- you could have a lot of
transactions. I had transactions dated back to 2001 -- and decided I did
not want to carry all that stuff -- so I picked a cutoff date (1/1/2014) and
ended up deleting everything before that. It was a bit a work -- but in
the end -- very much worth it.
Best of luck -- and I am sure of the experts here can give you a bit more
direction on the QIF file (I just don't remember what I did -- but it did
work!).
Ken
-----Original Message-----
From: gnucash-user <gnucash-user-bounces+pyz01=cox.net at gnucash.org> On
Behalf Of Edward Ingram
Sent: Saturday, March 10, 2018 8:03 AM
To: gnucash-user at gnucash.org
Subject: Importing Quicken
My Quicken files are stored in .QDF format, not .QIF. (Quicken 2017) How can
I import these? I do not wish to continue using quicken.
I only have three bank accounts and no investments. I do not need the extras
of Quicken.
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