Open/Convert a QIF file in Excel
Quicken is a personal finance management tool that offers an easy-to-use interface and powerful transaction database for creating budgets, tracking income and expenses, and monitoring your home or small business finances. It also allows you to export your data in the form of a QIF file, which can then be converted to Excel format for use in other applications or shared with an accountant or bookkeeper. You have the option to convert the entire QIF database file or just select parts of it to Excel.
When you need to export transactions from Quicken, you would have file in QIF or QMTF formats. These files can be opened in a text editor or even in Excel as a text file, but are not easy to work with. It would be better to convert such files to CSV or Excel format first.
Use the ProperConvert app to convert your transaction files to CSV/Excel formats.
Quicken Interchange Format (QIF)
QIF files are Quicken Interchange Format files containing details about transactions:
- Downloaded from your bank, credit card company, investment broker
- Created as an export file by Quicken
- Created as an export file by some personal finance software
How to view or open a QIF file
- Download and install the ProperConvert app
- Start the app and locate a QIF file
- Review transactions
- Click Save to save a CSV file and then open it in Excel (or other spreadsheet application) or click Copy to clipboard and then switch to Excel and click Paste there
Supported Account types
- Bank (Checking/Savings/Credit Line)
- Credit Card
- Investment
Convert a QIF file to CSV/Excel format
In this example, we will use a sample QIF file.
You can review a QIF file before converting.
If your QIF file has dates in different formats, then your system will try to figure out for you from or your expected format. If there is no way to figure it out, you can tell it by specifying how Input dates are coming on your QIF file. For example, if dates are coming as month/day/year, then you would specify. If it is slash or dash, or dot, or apostrophe, it doesn't matter ' this is just order specified, how Dates are coming. In some QIF files, they are coming without year. And if you need to specify the year, you can start that which year those transactions belong to.
You can review all those QIF details, all those transactions details. Each transaction takes one line.
Then, on the right side, you can specify how you would like your CSV file to be created. It may be a CSV file, it may be an Excel file, it may be limited fields - Quickbooks Online file or Xero file, or CSV Mint file. Choose a Target.
Then you would specify which Date format you would like to be, depending on how you need it to be on the CSV file.
Then click the 'Convert' button to create a file.
Confirm output CSV file name or change it. Then click 'Save'.
If you specify to open a file after a conversion, you can use the software associated with the CSV file. It could be Excel or Notepad for you to review created CSV file.
