Trouble converting split transactions from QIF to QBO

58 views
I have the problem when I Import the QBO file to QuickBooks. As I am adding the transactions to my transaction register, there are duplicates of split transactions for a couple of payees. The split transactions are not maintained under the original transaction (Check Number), therefore when they are Imported each transaction split     is duplicated. Also, my expense accounts under chart of accounts are not assigned to each transaction as they were in the QIF file, I have to select the expense account manually  for each transaction.

    On the converter tool, if you look under the source tab it shows the correct information on my split transactions and account assignments for each transaction.

I hope this helps, if you need further information let me know.

Thank you,

Chandler
asked Jul 20, 2015 by anonymous

1 Answer

Hello Chandler,

Thank you for sending all details!

QBO format does not support split transactions. QIF2QBO offers you either create QBO file for transactions without splits, or create separate transactions based on splits (many users find this variant helpful for what they are trying to achieve).

IIF format supports splits, and BANK2IIF converts QIF files with splits to IIF files. Split categories from the QIF files are used as expense/income account names on the IIF file.
answered Jul 20, 2015 by sergiy
Welcome to Propersoft Q&A, where you can ask questions and receive answers from other members of the community.

Ask conversion expert:

I have:

I need to convert to or import into: