GnuCash User Manual | ||
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Everything really happens when you hit the "OK" button, so it gets a section to itself.
First we do a "mark and sweep" to eliminate the duplicated halves of transfers in the loaded Quicken transactions.
A GnuCash account tree is created which mirrors your existing tree and includes any new accounts added by your Accounts and Categories mappings.
All the QIF transactions are converted into GnuCash splits and stuffed into the new account tree.
Finally, the GnuCash engine is asked to merge the old account tree with the new account tree.
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