Quicken Interchange Format (QIF) is a file format that is specifically designed to transfer financial data between different software programs, including personal finance management tools like Quicken. There are several reasons why QIF may be a better choice for importing data into Quicken compared to other file formats:
This tutorial works also on Quicken 2005-2017 Deluxe or higher editions, like Home Business. It doesn't work on the Quicken Starter Edition.
There are two types of QIF files:
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 an Account Name, as part of the QIF file. When you are using ProperSoft converter you have to enter that Account Name before converting to a QIF file. In this case, we have a Checking Account and we enter the 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.