In summary: you cannot do it but you don't need to create a new file for the new year so you don't need to do it. Note that you can 'close the books' without creating a new data file. There is even a description on how to create a new file for the new year which only talks about setting up the new accounts and transactions - nothing about customers, invoices etc. There is no way to convert or import a QBW file directly into GnuCash, but it is not as painful as you think. I've asked Quicken for help and they told me that I had to input all data by hand. ![]() qif's but Quicken cannot import GnuCash's XML files and I can't see any way to convert it. This is a set of simple scripts for getting data exported from QuickBooks into a free accounting system, started by Jonathan Corbet ().They only support GnuCash for now that is likely to change in the future. I've been looking and it seems like no one has ever moved from GnuCash to Quicken I know that GnuCash can import. I suspect an Accounting 101 text would help me use GnuCash more effectively. The above linked wiki page has several methods to 'close the books' if that is what you want to do - but it is not necessary. TODO: update instructions to talk about using Journal, rather than find report. Its been around a long time, and the UI isnt flashy, but functionality is what really matters. Unclosed does mean that account balances in the Chart of Accounts will Transactions, so book-closing may not be necessary. Ive been looking and it seems like no one has ever moved from GnuCash to Quicken I know that GnuCash can import. It should be noted that GnuCash reports should be able to provideĪccurate year-end data for accounting purposes without zeroing However, as said in the comments to your question, your question seems predicated upon the notion that it is 'best practice' to create a new data file each year. ![]() ![]() There does not appear to be a way to export the customers and invoices nor a way to import them into another data file if you could export them. You can add your existing financial data to GnuCash from Quicken, MS Money or other programs that have the ability to export QIF or OFX files, as well as import.
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