Old but still good source of information: https://www.bogleheads.org/forum/viewtopic.php?t=234157
If the file has many years of data then suggestion is to start the account with the most amount of transaction to least and start with Bank/CC/Loans types of accounts first before going to Investment type of accounts. I recall providing good details on my experience of migrating from Quicken 2017 to GNC back in 2020s so might be worth searching the archive for it. For certain things I still fire up Quicken and I did have to learn double-entry method as I was not familiar with. Just one quick thing to keep in mind: Quicken categories become GNC accounts as mentioned by R Losey. I initially exported the account tree in Quicken and imported into GNC as the first thing using QIF format which prevented a lot of annoying pop-up asking if you want to do this or that in GNC. It took few iteration to get it right before settling on the final time. Experimenting and making backup copies in GNC is key to fail-fast and recover quick when things do not go the way you expect. Also be prepared to potentially looks and review through QIF file in a text editor as there are times when GNC expects precise info while exported QIF file may not have it or may have it wrong. -----Original Message----- From: R Losey <rlo...@gmail.com> Sent: Monday, January 08, 2024 11:18 AM To: barry milliken <barry.milli...@outlook.com> Cc: gnucash-user@gnucash.org Subject: Re: [GNC] Moving from Quicken I, too, left Quicken about 8 years ago and changed to GnuCash. I had a slight familiarity with double-entry accounting, and I've seldom had any issues with GnuCash. I thought about importing Quicken data, but then decided against it... I reasoned that if I really did need to reference something I had in Quicken, I could open those files. In fact, I think I opened Quicken two or three times in the first couple of years, and haven't touched it since. It's just something to think about. I had trouble getting the downloads from financial institutions to work, so I do them manually and regularly reconcile. I don't really miss this function, but it is possible. As you will have heard, GnuCash doesn't have "categories"; it has "accounts". At the risk of offending a great multitude of GnuCash users, from the practical point of view, GnuCash accounts are very much like categories in Quicken. I know that they are not really the same thing, but as a former Quicken user, they are. In my experience, the one thing I had trouble with in GnuCash were the reports - most of them seem to need some kind of tweaking to get them to do what is wanted. Here's another thing to think about: instead of assigning accounts as "tax deductible", if you have an account whose transactions are deductible (such as charitable giving, you can create a report for just these accounts. You just need the discipline to only enter deductible items in such accounts. I do know that there is a US tax setup feature, but I haven't made full use of that -- and the report using the accounts I want to know about for tax reasons works well enough for my needs. RL On Sat, Jan 6, 2024 at 9:50 PM barry milliken <barry.milli...@outlook.com> wrote: > I've been frustrated using Quicken for years. Maybe GNUcash will do > what I want. > > My list of functions is small: > I use Quicken for personal accounting, mainly to categorize > transactions for tax reporting. > Can GNUcash do these things: > - import data from a Quicken QDF file as a starting point. > - allow downloads of transactions from my bank accounts and credit cards. > - allow me to assign a category to each transaction. > - create categories (or import quicken categories) and assign each as > tax deductible or not. > - report and summarize tax deductible transaction at tax time. > > That's all I care about. > > Thanks > > > Barry Milliken > > _______________________________________________ > 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. > -- _________________________________ Richard Losey rlo...@gmail.com Micah 6:8 _______________________________________________ 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.
