On 1/9/2024 2:15 PM, Glenn Serre wrote:
Good morning Barry,
Regarding entering transactions into gnucash: I import QFX files that
I download monthly.
I migrated from Quickbooks and Quicken more than a decade ago (I last
ordered Quicken in 2008),
Both are Intuit products, but QuickBooks and Quicken not the same thing.
Moving from Quicken to Gnucash has a learning curve, because Gnucash is
standard double entry bookkeeping while Quicken is sort of faking it.
Have to learn the basics of double entry bookkeeping.
Moving from QuickBooks to Gnucash has a minimal learning curve because
like Gnucash, QuickBooks is standard double entry bookkeeping.
I consider it good advice that absolute beginners to double entry start
out using formal labels (debit and credit) and enter in "journal mode".
That way you get to see what you are (actually) doing, and the closeness
to pen and ink on paper (except automatic posting; none of those pesky
transcription errors during manual posting) will let you use almost any
book to learn from. Switch to using the shortcuts later.
Michael D Novack
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