Converting from Quicken
I just purchased MoneyDance for the Mac and went to my Quicken which is on the PC. I converted ALL ACCOUNTS to QIF file as suggested by your FAQ. Then I opened MoneyDance, Import from file and chose the QIF File.
Nothing happens. I just see a single MoneyDance menu on the top called MoneyDance which I can access. MoneyDance doesn't seem to be doing anything or importing. Please help.
Jonathan
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32 Posted by EboMike on 01 Feb, 2010 03:54 PM
Patrick - Java has its own memory management. Every application has its own VM heap managed by Java, so you can have a machine with 4GB, but Java will only ever give Moneydance a fixed amount, and once it runs out, it'll get an OutOfMemoryError.
This fixed amount can be set up when you run the game, so if you don't mind going into the package contents of the application, you can change it yourself.
However, I'd rather have the developers fix the application itself - it's just a sign of inefficient programming in the importer. Just throwing memory at the problem is not the right solution.
33 Posted by EboMike on 06 Feb, 2010 08:12 AM
I tried the 740 beta, and the import finished in record time, but it seems like it got confused at some point.
Account "A" seemed fine (with proper Category Tags and everything), but then Account "B" was a pretty mixed up, and all of its category tags were actually account names. Not to mention that it claimed I had $-302,000 in my checking account. Same thing for all subsequent accounts.
34 Posted by Tom Boyd on 08 Feb, 2010 05:47 PM
How long should it take to import a qif file?
I am using MD2010 build 740 (from the beta page) because build 735 from the download page would not work at all. I am importing 15 years of data from Quicken 2007 for Mac (about 5.6 Mbyte file). I first did the "Import account info only" which took a few minutes. Then I imported the data, which has been running for 15 minutes (cpu utilization averaging 100%). There's no progress bar (should there be one?). The import window is still up.
Tom
Support Staff 35 Posted by Angie Rauscher on 16 Feb, 2010 06:32 PM
There is not currently a progress bar. 15 years is a lot of data. Do let me know if you successfully completed the import. If not, please let me know, and include the OS and version of Java you are using.
Please let me know if I can be of further assistance, and thank you for your interest in Moneydance.
Angie Rauscher
Moneydance Support
Angie Rauscher closed this discussion on 16 Feb, 2010 06:32 PM.
empirepd re-opened this discussion on 16 Jul, 2010 10:40 PM
36 Posted by empirepd on 16 Jul, 2010 10:40 PM
Hello,
I wanted to follow up to these and another question I had about trying MD. I never got around to moving forward with this, so I want to try again. Firstly, what is the link to the latest downloadable trial build for Mac OS (10.4) (Universal code)? I tried to log into the forum to follow up, but it says my e-mail is not an account. This is bizarre as I can still link to the previous forum posts we exchanged under that user ID. Do you delete people's forum accounts after a couple of month of non-use? Why would you do that?
The ultimate question I have is this: One of the main reasons I have been dissatisfied with Quicken (I am on QFM 2006) is that
it only does 4 decimal places on the stock accounts for buy/sell
transactions on the share price and number of share in a transaction. I
have numerous stock accounts (something like 15 or so) that use 6 or 8
decimal places in their transactions. Computershare, which is a huge
broker company handling many companies' stock DRIP plans, uses at least
6 decimal places (I think I have seen 8 on some statements I get), but
other companies are doing the same thing. What this means is that if my
financial program only does 4 decimal places, then the program will
always be off from the actual account at the firm. This was the main
reason I started looking for a replacement program to Quicken. I noticed in your forums that there is some mention of the ability of the user to set the number of decimal places to be used in a stock or mutual fund account. Is this true? What is the maximum number of decimals you can set? Can this be set as a universal setting for all accounts in Preferences (so you don't have to do it for every account individually)? When importing from Quicken, will this default to 4 decimal places? I saw some mention of not being to change it later, so this is a concern.
Thanks,
Sam
***@yahoo.com
--- On Tue, 12/22/09, Angie Rauscher <***@tenderapp.com> wrote:
From: Angie Rauscher <***@tenderapp.com>
Subject: Re: Converting from Quicken [Switching from Quicken]
To: ***@yahoo.com
Date: Tuesday, December 22, 2009, 6:42 PM
Support Staff 37 Posted by Ben Spencer on 19 Jul, 2010 06:17 PM
Hi Sam
The latest download for OS X 10 .4 an above is here:
http://moneydance.com/other
Greater than 99.9% of the code is common between all platforms however there are some small differences in the way the program is packaged for different operating systems to make installation simpler.
I am not certain what has happened to your forum account. We definitely do not delete accounts ever and there is no account with your email address. I recommend that you create a new account. I am sorry for the inconvenience.
It is possible to have more than 4 decimal places on securities in Moneydance. I just created one with 10 decimal places and it worked fine. You can only set the number of decimal places on a security when you create the security. This setting cannot be changed after the security have been created. It is on option on the properties window for the security when you create it. I believe that if you create the securities in Moneydance with exactly the same names as the ones listed in the QIF file you want to import, rather than creating securities during the import process, Moneydance will use the ones already there. By creating the securities before hand you can set the number of decimal places manually for each one. I recommend trying this with one security to make sure that it works out before doing it for all of them as it would be quite a bit of work.
Sincerely
Ben Spencer
Angie Rauscher closed this discussion on 24 Jul, 2011 08:02 PM.