This tutorial works also on Quicken 2016 Deluxe, Quicken 2017 Deluxe or higher editions, like Home Business or another one. It doesn't work on Quicken Starter edition. If you have Quicken 2005-2014 you may use this tutorial, as well.
There are two types of QIF files:
Full, Backup or Correct QIF files;
'Incorrect' QIF files, usually downloaded from your Online banking. And you can use FixMyQIF converter to convert such QIF files to correct ones. By correct QIF files means created by ProperSoft converter, for example, Bank2QIF, CSV2QIF, PDF2QIF or OFX2QIF. Anything, that 2QIF, should create correct QIF file from your original file, that could be another format.
Now to import a QIF file into Quicken click 'File' - 'File Import' - 'QIF File'.
Then click the 'Browse' button and select a QIF file.
In our case, we have a Checking Account Name. We can not select it in the 'Quicken account to import into' Tab. We have only 'All Accounts', that's what we must select.
A QIF file has Account Name, as part of QIF file. When you are using ProperSoft converter you have to enter that Account Name before converting to QIF file. In this case, we have a Checking Account and we enter Account Name, as Checking.
You can ignore 'Don't see your account?' (QIF import is not available for checking, savings, credit cards, 401(k) and all other brokerage accounts) as long as you select 'All Accounts'. To import a QIF file click the 'Import' button.
All transactions are successfully imported. Click the 'Done' button.
Transactions are not in the register yet.
Review transactions before adding to the register. Click 'Edit' - 'Preferences'.
Edit 'Downloaded transactions preferences'. 'Automatically add to banking registers' and 'Automatically add to investment transaction lists' must be unchecked.
And when you like, what you see, you can accept all transactions. Click on 'Accept All' button.
Now transactions are in the register.