Simple Ways to convert Excel to QIF

A QIF file converter is designed to help users so that they can check and convert the Excel worksheets that contained all the details. Users can also export them easily to Microsoft Money or Quicken. Convert Excel to QIF is a simple method and its name defines itself.

The main objective is to assist the user frequently in order to transform Excel spreadsheets to QIF format. It is more suitable among popular finance management applications including GnuCash or Microsoft Money, Quicken.

Things to know before converting Excel to QIF files

It is the only way to convert Excel worksheets that contain columns including the amount and the transaction date beside other data. When you perform this conversion it asks you a verification option and after verifying it allow you to check the worksheets which are currently opened. Once the verification is done you can detect all compatibility problems such as cells if that is not correctly formatted.

Also, make sure that all the requirements must be met then only the conversion proceeds successfully. Otherwise, it displays an error message that all the requirements are not matched and you are unable to convert Excel to QIF.

Easy steps to convert Excel to QIF file

This converter allows users to import data on the desired financial transactions Bank accounts and credit card into Quicken or other application that supports the QIF format. To experience it practically, you need to follow these steps in order to do the conversion.

  1. The very first ensure that you are using the latest or updated version of Excel to QIF
  2. If not then download the latest version from the official download page of Excel to QIF
  3. Open the downloaded version
  4. Select and click the Excel file
  5. You can also go with another method by copying all the data from your spreadsheets and then paste it inside the open application
  6. Verify the transaction including dates, amount, deposits, and amount should be correct before performing the conversion
  7. Also, verify the assigned number and reassign columns to QIF fields if required
  8. Make sure expenses that are mentioned should be negative and the account should be positive
  9. You can keep positive to your credit card expenses
  10. Adjust Excel Mapping if required
  11. Verify charges must be positive if your expenses are positive in the Excel file
  12. Choose the QIF target that should match with your Quicken version or your accounting software.
  13. You also need to set the account name and the type of account so that you can create correct QIF file for the correct account
  14. Set date as per the format if required
  15. Now click on “Convert” button
  16. At last, verify the location and also the file name once the conversion completed.

How to Reach us?

This conversion also helps to generate a QIF file that contains the security price history and the export options are quite similar. Hopefully, the above mentioned steps help you to convert Excel to QIF file in any case you stuck while performing the steps. You can reach out with QuickBooks technical support helpdesk number. You can even send an email at info@accountscomparison.com for more information or for any query as they are available QuickBooks ProAdvisor 24/7 hours.

Leave a Comment

Related Posts