Edwin, For specific help on importing and the process of matching accounts See https://www.gnucash.org/docs/v4/C/gnucash-help/trans-import.html
You can create new accounts while in the Import Matcher dialogue. The matcher has to be trained by assigning accounts to transactions during the import process but once it has imported a few batches it will automatically assign the accounts using a Bayesian probabalistic matching process. David Cousens On Wed, 2023-10-18 at 23:23 -0500, Edwin Booth wrote: > Thank you for getting back to me so quickly. > > I also got an email from Steve who explained that I needed to have all those > expense accounts created prior to importing an OFX file. And I need to assign > each of the transactions to one of these accounts after downloading it but > before actually importing it into GnuCash. Not sure how that is supposed to > happen since it seems like the downloaded file needs to be imported into > GnuCash before it would recognize any attempt to assign a transaction to an > account that was created in GnuCash. I’m going to try however. > > Sent from my iPhone > > > On Oct 18, 2023, at 1:57 PM, Alan Johnson <a...@argentwolf.org> wrote: > > > > You need to assign each CC transaction to an expense account. E.g. > > McDonalds is "dining". > > > > When you pay down your CC, you make a transfer from you checking (or > > cash/etc) to the cc account. > > > > The expense categories will allow you to run reports and see what you are > > spending your money on. > > > > Your checking / cash is an asset. Your CC is a liability (something that you > > owe). > > > > Go into the credit card account register and assign expense categories to > > all transactions that are assigned to imbalance. > > > > The imbalance account should be empty. If it's not, then something is not > > assigned properly. > > > > Hope this helps. > > > > Oct 18, 2023 14:21:34 Edwin Booth <elybee...@gmail.com>: > > > > > Hi. New to this. I just downloaded an OFX file for a credit card I have. I > > > imported it into my “Unsaved Book.” That worked. It is now on the Accounts > > > Page with an amount under the “Total” column. But there is also a line > > > that > > > says “Imbalance-USD” with the same same amount under Total. I understand > > > (I > > > think) that that Imbalance is due to the fact that I have no other account > > > in there and so there is nothing to balance my CC account with. > > > > > > So, I obviously need to enter some new accounts. I haven’t paid off all of > > > that CC account, but I have paid some of it. The unpaid portion would be > > > under “Liability” I assume, and the paid part under “Expense.” > > > > > > Not sure what to do next. I’m running GnuCash on a MacBook Pro, which I’m > > > also pretty new at. > > > > > > Thanks, > > > > > > Edwin > > > _______________________________________________ > > > gnucash-user mailing list > > > gnucash-user@gnucash.org > > > To update your subscription preferences or to unsubscribe: > > > 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. > _______________________________________________ > gnucash-user mailing list > gnucash-user@gnucash.org > To update your subscription preferences or to unsubscribe: > 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. _______________________________________________ gnucash-user mailing list gnucash-user@gnucash.org To update your subscription preferences or to unsubscribe: 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.
