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.

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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.

Need to work with bank or credit card transactions stored in an QIF file but cannot open it in Excel as a table with transaction? Excel or Google Sheets or another spreadsheet app does not work with QIF files directly.

Use the ProperConvert app to convert your transaction QIF iles to CSV/Excel formats.

extract transactions from QIF files

Convert transaction QIF files to the CSV/Excel format

extract transactions as CSV in Excel

Quicken Interchange Format (QIF)

QIF files are Quicken Interchange Format files containing details about transactions:

How to view or open a QIF file

Supported Account types

Export data from Quicken for macOS as QMTF

Quicken for macOS does not export transactions in the QIF format, but it exports as QMTF format. Thus format is close to QIF and the ProperConvert app supports it the same way as QIF.

Step by Step: Convert a QIF file to CSV/Excel format

Step 1: Start the app and select a 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.

Step 2: Set output CSV parameters

The next step is to 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 CSV Target option.

Specify the date format for the CSV file.

Step 3: Convert to CSV/Excel and review created CSV file.

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.

Conclusion

The QIF format is one few available options to export data from accounting and personal finance software. For software like Quicken, this is only the option. The QIF format is not easy to work with directly, and some accounting software may not import it. Use the ProperConvert app to extract transactions from QIF file and save them in required format like CSV/Excel, QBO, OFX and others.

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