Time for action – migrating to GnuCash from other software

Let's say that your transaction data is in Quicken Home & Business. You want to migrate this to GnuCash. We will first walk through the steps of performing this migration. Then we will analyze the pros and cons of such a migration:

1. Prerequisites: You have already exported the data from Quicken. You have a set of QIF files. While exporting, please remember that you can have only one category per file.

2. Prerequisites: Create a new account hierarchy in GnuCash first. Save it with the name CAMS.

3. Prerequisites: Make a backup of the CAMS file. If you want to fine tune your migration, you may have to restart from this backup file a couple of times.

4. Prerequisites: Set the following preferences. In the General tab's Files pane, set Auto-save time interval to 0. This means data is not saved automatically. If there are any problems, this will allow you to exit without saving and start over. In the Online Banking tab, the QIF Import pane, check...