[GNC] Help with downloading transactions.

[Gyle McCollam]

Liz,
I agree.  It seems like and I could be/probably am wrong that you thought I was advocating for user to download the transactions instead of entering them.  That is not the case.  Gnucash is great because it lets you handle it the way you want.  In fact, you have the ability to handle some accounts with one method (M) and other accounts (K).  I actually am more in the (M) group for the reasons Michael D Novack explained in his response.  The only transaction I let the download import initially is the interest received at the end statement period.  If an account has less than a handful of transactions I manually reconcile, but if more, I import and match.  As I said, that is the beauty of Gnucash, it lets you use different methods


Thank You,

Gyle McCollam

Gyle McCollam

gmccollam at live.com<mailto:gmccollam at gyleshomes.com>           email

________________________________
From: gnucash-user <gnucash-user-bounces+gylemc=gmail.com at gnucash.org> on behalf of edodd at billiau.net <edodd at billiau.net>
Sent: Friday, March 17, 2023 4:57 AM
To: gnucash-user at gnucash.org <gnucash-user at gnucash.org>
Subject: Re: [GNC] Help with downloading transactions.

On Thu, 16 Mar 2023 15:38:25 +0000
Gyle McCollam <gmccollam at live.com> wrote:

> You really should try to download and import transactions.

This is a philosophical point.
There is group "M" who always enter every transaction first in their
books and then use the bank documents to reconcile

and

There is group "K" who enter some things and use the bank download to
keep their accounts.

There are pros and cons to each method. Gnucash allows you to make your
own choice.


Liz
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