For each account in the Quicken file, QuickBooks creates an account in QuickBooks.
QuickBooks creates the accounts as follows:
This type of account in Quicken
Becomes this type of account in QuickBooks
Other Current Asset
Other Current Liability
QuickBooks and investments. QuickBooks copies a Quicken
investment account to an Other Current Asset account because QuickBooks doesn't have a special feature to track investments. If you want to include the
value of your investments in your QuickBooks balance sheet, use Quicken to
track your investments. Then when you're ready to create a balance sheet,
update the balance of your QuickBooks current asset account.
Deleting Quicken accounts before converting to QuickBooks.
If you don't want your QuickBooks balance sheet to include your investments
(or other Quicken accounts), make a copy of your Quicken data, then delete the
Quicken accounts before you convert to QuickBooks. All transfers to/from the
deleted accounts will be converted to your opening balance equity account in
QuickBooks to ensure that your accounts balance. You can still use Quicken to
track your investments and other accounts.