Another question on converting Microsoft Money to Quicken

They don't really exist. If you look at the transfers from the checking account, they will have the name of the loan account that you had from Money, but it is not really a transfer. The way you can tell is to look at the category name in the transfer. If it is in brackets, then it is a transfer. If it is not in brackets, it is not.

So the fix, is to create accounts in Quicken that match the loan accounts you had set up in Money. Set up the original loan amount, interest rate, etc. Then once it is created, now go back to your checking account and change all of those transfers, changing the name from the account name to [account name]. The transactions in the checking account are probably splits, so you will have to look in the split to see the transactions.

Now here's a nice feature in Quicken. Under "edit", there is a "find and replace" feature and under that there is a "recategorize" selection. You can use this to search for and recategorize every transaction that meets your search. This will speed up the process for you.

Hope this helps. I'm a recent convert as well. I've been using Quicken Premier 2009 in parallel with Money since this year's version came out as I suspected Microsoft was going to do this. No Money 09 was a pretty good clue.

Jeff

There is one problem with your approach: you can not have a Quicken account with the same name as a Quicken category.

Apparently since the conversion process couldn't convert the loan accounts, it created Quicken categories from the loan account names. Once that name has been used as a category, you can not create an account with that name. That's why the op is getting the duplicate account name.

The workaround is simple: when you create the new loan(s) in Quicken, give them unique names ... names that are not the same as any exisiting account or category.

Once the "new" loans are established in Quicken, use Find/Replace to change the transfers of principal from "My old account name as category", to "[My new account name]" (without the quotes). Once all the transactions using the old account names as categories have been modified, the old account names can be deleted from the Category List ... and the new account names can be modified to be the old account names, if desired.

This sounds like what is going on.

Thanks for the work around, as well as the find/replace feature. Both are a big help.

Tom

Good catch and thanks. I had forgotten that I had taken that step.