QIF to QBO converter
QuickBooks doesn't import QIF bank files. Convert them to .qbo Web Connect files to bring old Quicken or Microsoft Money transactions, or a bank's QIF download, into QuickBooks.
- ✓ Free, no account, no email
- ✓ Converted in memory and never stored
- ✓ Reads files from any bank or finance app
When you need to convert QIF to QBO
- You're moving to QuickBooks and your history is in QIF.
- Your bank only offers QIF ("Quicken 2004 and earlier") downloads.
How to convert QIF to QBO
- Drop your .qif file on the converter (up to 5 MB).
- Check that "Convert to" says QBO, and pick the date order if your dates are ambiguous.
- Click Convert: the QBO file downloads straight away. Nothing is stored.
- Open or import it: QuickBooks Desktop — File → Utilities → Import → Web Connect Files, choose the .qbo file, then pick an existing bank account or create one. Review the lines in the Bank Feeds Center and add or match them.
What happens to your data
- Each QIF record becomes an OFX transaction with a signed amount, payee, memo and check number.
- QIF has no IDs, so each line gets a stable FITID from its date, amount and payee: converting the same QIF again gives the same IDs.
- !Type:CCard sections produce a credit card .qbo; !Type:Bank a bank account .qbo.
Importing the QBO file
- QuickBooks Desktop
- File → Utilities → Import → Web Connect Files, choose the .qbo file, then pick an existing bank account or create one. Review the lines in the Bank Feeds Center and add or match them.
- QuickBooks Online
- Transactions → Bank transactions → Link account ▾ → Upload from file, choose the .qbo file and the account it belongs to. The lines land in the For review tab.
What is a QIF file?
QIF is a plain-text format from the early days of Quicken. Each transaction is a short block of lines: D for the date, T for the amount, P for the payee, M for the memo, L for the category and N for the check number, ending with a ^. It has no transaction IDs, so importing the same file twice creates duplicates.
What is a QBO file?
A .qbo file is a QuickBooks Web Connect file: an OFX bank file with two extra Intuit tags (INTU.BID and INTU.USERID) that QuickBooks checks before it imports. It holds one account's transactions with a posted date, signed amount, payee, memo and a unique transaction ID (FITID) per line, plus the ending balance.
QIF to QBO: questions
Will categories come across?
No. QBO files carry transactions, not categories; QuickBooks applies your bank rules or asks you to categorise on review.
Can I import several years at once?
Yes, up to 20,000 transactions per file. QuickBooks may be slow to review very large imports, so a year at a time is easier.
Is the QIF to QBO converter free?
Yes. Format-to-format conversions are free and need no account. Files are converted in memory and never stored. Converting PDF bank statements is a separate tool with a free daily allowance.
Only have a PDF statement? Convert a PDF bank statement to QBO — digital or scanned, any bank.
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