I’m already using another personal finance program – how do I get started?
The best way to get started is to import as much as possible from your existing program. Personal Finance lets you import all types of records, provided they appear in a table on a website or in an Excel file. If you can obtain a list of your accounts and stocks/mutual funds, import these first. You can also enter these names when you import your balances and investment positions next. Import your bank/credit card/line of credit balances for a convenient start date in the recent past, then import any transactions which occur after the start date. Import your investment positions for a start date in the recent past. If you have positions in a foreign currency, you’ll need to know the rate of exchange. You’ll also need to know the adjusted cost base for each position in your home currency – usually this is $CDN. Your existing software may be able to provide this information. For positions that you hold in a foreign currency, use the rate of exchange to convert the adjusted cost base to t
The best way to get started is to import as much as possible from your existing program. Personal Finance lets you import all types of records, provided they appear in a table on a website or in an Excel spreadsheet file. If you can obtain a list of your accounts and stocks/mutual funds, import these first. Import your bank/credit card/line of credit balances for a convenient start date in the recent past. Then import any transactions which occur after the start date. Import your investment positions for a start date in the recent past. You’ll need to know the adjusted cost base for the investments you have which are in your home currency. If you have investments which are in a foreign currency, you’ll need to know the rate of exchange. You’ll also need the adjusted cost base in the foreign currency. If you can’t find the adjusted cost base, import all transactions in the original currency, along with any adjustments such as capital distributions, and Personal Finance will calculate it
