New to the community and from scanning the messages this is REALLY old and basic stuff but... I was trying to move my Quicken 1999 Mac OS 9 files to Windows XP Quicken 2006 and found out about the QIF problem the hard way after trying to import. I have 10 yr+ Banking and Investing account data only which I manually entered.
If I downloaded Quicken 2004 to my PC, would I be able to import my QIF data file? After that is it possible to upgrade?
Hoping some kind soul will take a few minutes to answer this.
Just because the issue is old doesn't mean it doesn't exist. many people still need QIF as their banks don't support the new version due to the expensive licensing fees Intuit charges for the newer version. You should listen to your customers.You are loosing a lot of business.
I'm curious to know if Quicken 2006+ products allow for the "seamless" importation and processing of QFX files on computers running Quicken that are not connected to the internet. Anyone know?
I'm happy with sneaker netting my secure downloads from my FI over to a non-internet connected machine, but not happy with how Quicken has apparently usurped my efforts to keep my private data private, meaning private between me and my FI. Am I "required" to allow it to connect to Intuit's servers in order to import QFX data from my FI?
Maybe there's a work around, but maybe not. I'd like to know if there is.
Perhaps if the contents of those encrypted communications with Intuit's servers were described to a sufficient level of detail, I might feel more "at ease" with using their products, but since it's all hidden from me and not documented anywhere that I know of, I'm not getting a warm and fuzzy feeling about it.
Thanks.
Quicken user since 1990 (soon to be former, probably)
Try doing a Web Connect...log into your FI's website, select a date range and "Download to Quicken" (with Quicken closed).
You can then OPEN or SAVE the .qfx file. I would assume that saving the file, then importing it into Quicken would bypass Quicken's servers.
I would also assume that opening the file and having it entered automatically into Quicken (with Quicken open) would bypass Quicken's servers as well, although I can't be 100% sure of that.
I choose File - Import - Web Connect file, choose the QFX file I downloaded, and it says "Connection Status at Bank of America - All Other States - Updating Financial Institution Information : Contacting Host", and then comes back with "Quicken was not able to complete your request.", with an "OL-297-B" in the lower left corner and refers me to the Quicken Technical Support Web site which doesn't help. It says the next time I connect to the FI site, quicken will attempt to resend my original request.
Then it says "Quicken is unable to verify the financial information for this download." I already downloaded it, and it's on my machine, plain as day.
I know Bank of America QFX files are supported, and it insists on attempting to communicate with Intuit or Bank of America before it comes back and tells me it can't import it.
I choose File - Import - Web Connect file, choose the QFX file I downloaded, and it says "Connection Status at Bank of America - All Other States - Updating Financial Institution Information : Contacting Host", and then comes back with "Quicken was not able to complete your request.", with an "OL-297-B" in the lower left corner and refers me to the Quicken Technical Support Web site which doesn't help. It says the next time I connect to the FI site, quicken will attempt to resend my original request. Then it says "Quicken is unable to verify the financial information for this download." I already downloaded it, and it's on my machine, plain as day. I know Bank of America QFX files are supported, and it insists on attempting to communicate with Intuit or Bank of America before it comes back and tells me it can't import it. Perhaps I haven't configured it properly?
You must be connected to the internet to import QFX files.
I understand. Does the entire QFX file get sent to Intuit for this verification process? Thanks.
I don't know for certain, but my guess is, no. I think the only thing the "verirification" process needs is the financial institution's Intuit-assigned "id", which should have been put in the QFX file by the fi.
You have 2 options: Either move to a different Financial Institution which most of the "Senior Contributors" may tell you, or do what I did, move to MS-Money. MS-Money does accept QIF and works fine. Of course OFX does work as well and is the equivalent of QFX, but for free.
Did you get any replies to your question? I am new to Quicken2009 after having not used Quicken for a number of years, am in the same boat w/my bank & cannot import transactions.
You have 2 options: Either move to a different Financial Institution which most of the "Senior Contributors" may tell you, or do what I did, move to MS-Money. MS-Money does accept QIF and works fine. Of course OFX does work as well and is the equivalent of QFX, but for free.
When I tried to import my bank's QIF file and Quicken Premier 2009 said that it won't import QIF files for checking and savings accounts, there was a link "Why?" that I could click for the answer. When I clicked on it, it took me to a "Page not found". Maybe they don't know either.
Pls, don't let any "Senior" contributor make you look stupid. The matter of the fact is that the reason why there are hundreds of posts/questions abou this is that from a consumer/client point of view, it doesn't make any sense to have such a good feature desabled, unless you spend the time doing the research, which most of us most likelly won't do. Intuit followed the industry to a better file format called OFX (open financial exchange). Can you recall your bank enabling you to download OFX? Ok that works with MS-Money and a bunch of other softwares out there.
Back to Intuit: Quicken created a file format based on OFX called QFX, notice the "Q" in front of it...it adds 4 lines to the OFX. Two of them being the financial institution ID and the password for that institution. In short, Directly or indirectly YOU HAVE TO PAY to the bank in order to be able to download an importable transaction file to your Quicken.
The "Senior guys/girls" in this forum will tell you to switch to a different institution if they don't provide QFX, but will never tell you to switch programs like I did. I have been using MS-Money now in Brazil with ANY bank and all working fine. Even Citibank only exports QIF and it works great!
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