If you've decided to import transactions for a financial account manually, you've come to the right place to learn exactly how to import those transactions into LessAccounting.
First, if you haven't already created a manual-import account, click here for a step-by-step guide. Read until the end to also learn about how to add the correct starting balance to your account. This is a very important step that will ensure that your account shows up in reports correctly.
Another reason you may need to import transactions manually is that occasionally, you may find a transaction missing from your financial accounts. Those can simply be added manually by choosing + Expense or + Deposit from your dashboard. But what if you have a whole week or month of transactions missing and don't want to manually add them all? That's when bulk importing comes in handy. Read on to learn more.
To import your transactions, follow these steps:
Download your transactions from your online bank account as a QIF or QFX file, which are common financial formats. Read here for specific instructions on exporting QIF or QFX data from specific institutions. If you only have the option for a CSV, you can convert it to a QIF by following these instructions.
In LessAccounting, go to the Settings page. Click the Configure button next to the account you want to manually import transactions for.
Click on Manually upload account transactions, and then Choose File to browse for your file.
You'll be shown a summary of your file, scroll down, and save it. (Don't worry, you can always categorize your expenses after the data has been uploaded.)
Now, the app will review your file and import the data into your financial account. You will receive a notification email once our import is complete and your transactions are ready to view and edit.
If you do not receive this email within an hour of your upload, do NOT attempt to re-upload your file. It may create duplicates if the other file is still uploading. Just email email@example.com and we'll look into your file.
Tip: You can import as much older data as you'd like. Let's say you want all of this year's data up to today, just download that data from your bank, then import it into LessAccounting. After that, just import your new transactions as often as you'd like.