How to Use CSV2QFX

This tutorial shows how to use CSV2QFX utility. IMPORTANT: CSV2QFX is now replaced with the Transactions app, which converts from more formats and converts to more formats.

Step by step instructions

You can download CSV2QFX at https://www.propersoft.net/products/csv2qfx

Click the 'Download' button.

CSV2QFX Step 1: Download

And then select Windows or macOS version to download.

CSV2QFX Step 2: Windows or macOS version

Once downloaded and installed, start CSV2QFX. Read the welcome message that provides the main points about the conversion process.

CSV2QFX Step 3: Welcome message

Select a file with transactions that you would like to convert. It could be CSV or Excel file for bank or credit card transactions.

CSV2QFX Step 4: Select a file

Review transactions before converting, make sure dates are correct, expenses are negative, and payments to the account are positive.

CSV2QFX Step 5: Review transactions

Set the Account ID and Account Type. The Account ID must be digits only. You can enter the actual account number or credit card number, or a shortened number. It is important to use the same number when you convert multiple files for the same account, and use a different number, when you start converting for another account.

For example, let's start with the first file for a checking account. Convert the first file and use Account ID as 10000001. Then you convert a second file for the same checking account, keep the same Account ID 10000001.

CSV2QFX Step 6: Checking

Then you start with a credit card account. For the first file for the credit card account, change the Account ID to another number, for example, 10000002. For the second file for this credit card account, keep the Account ID as 10000002.

CSV2QFX Step 7: Credit card

When you start working with another account, make sure to adjust the account type as well.

The Account Type is important to set as Quicken allows you to import created QFX file for a credit card account only into a credit card account in Quicken and for a QFX file for a checking account, Quicken imports this file only in a bank account.

For the Quicken US edition, the currency must be US Dollar, for the Quicken Canadian edition, the currency can be US Dollar or Canadian Dollar.

CSV2QFX Step 8: Currency

INTU.BID value is another important parameter to set. This value defines the bank label you see during QFX file import in Quicken. This value does not have to match your account name in Quicken, but it has to be allowed by Quicken bank.

Some users do want the name of the bank to match the bank name in Quicken, and you can do this by selecting the appropriate INTU.BID value. But if your bank is not listed on not allowed, you can easily use any other bank label.

INTU.BID value applies to the account type. Some INTU.BID values are allowed for certain account types only.

Click the 'Lookup' button to see the list of banks.

CSV2QFX Step 9: Lookup

Search for your bank. This code (07492) can be used for credit card account only.

CSV2QFX Step 10: Code 07492

This code (03000) can be used for checking, savings, credit line, credit card, almost all account types.

CSV2QFX Step 11: Code 03000

There are some other settings that discussed in another video, we would skip these for now as you need them only in specific situations and you know when you need to change these settings.

CSV2QFX Step 12: Other settings

Set the “Open after save” checkbox if you would like the software installed on your computer to open the created QFX file. If you have Quicken installed, it would be Quicken to open this QFX file.

CSV2QFX Step 13: Open after save

Click the 'Convert' button.

CSV2QFX Step 14: Convert

And confirm the filename and the file location.

CSV2QFX Step 15: Confirm the filename

To import the created QFX file manually, in Quicken, click File, File Import, Web Connect (.QFX) file.

CSV2QFX Step 16: File Import

Select the created QFX file.

CSV2QFX Step 17: Select the created QFX

And now we select 'Create a new account' or 'Link to an existing account'. Click the 'Import' button.

CSV2QFX Step 18: Import button

Transactions are imported. Click the 'Accept All' button.

CSV2QFX Step 19: Accept All

Transactions are inside Quicken.

CSV2QFX Step 20: Transactions inside Quicken

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