iBank import from quicken creates categories with the same name as accounts

I recently switched from Quicken to iBank. The change wasn't without its hiccups though. When following the instructions from iBank to export and import from Quicken I discovered that the result was duplicate entries for every transfer transaction. I'm sure this is because iBank is importing the quicken export serially and doesn't know that the transactions are linked between accounts. To make things more difficult, some of the transfer entries were linked, probably due to the order in which they appeared in the file was after the creation of the account.

I found that I had to remove the duplicate transactions manually and change the non-duplicate transactions to link to the account, but that didn't fix the problem entirely. Turns out that iBank created categories with the same name as the account when it imported the quicken export. That meant that iBank would not let me change certain transactions to link (make them transfers between accounts). It would always revert to the category with that name instead of the account.

I ended up with the following solution. In the category view, rename each of the categories that matched the name of an account. Quit iBank and re-open it. Proceed with switching the unique transactions to link using the account, and then deleting the duplicate transactions that remained.

Fortunately it only took me about 20 minutes to finish cleaning up the transactions (I have data going back to '04). It wasn't much fun, but I'm happy to be off of quicken.