QFX to QuickBooks Desktop — IIF Converter

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Convert Complete

QuickBooks Desktop IIF Format
valid rows

Import Quicken QFX downloads directly into QuickBooks Pro, Premier, or Enterprise. Full transaction preservation.

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Download Sample QFX File

Sample Quicken Web Connect QFX file to test the converter

Download Sample

Tool Rating

4.8 / 5 (56 votes)

How to Convert Your File

1

Export from Banking

Accounts → Transaction History → Export

2

Upload and Configure

Upload OFX/QFX/QBO Bank Transactions CSV and choose IIF File format

3

Preview and Download

Review converted data, download Quickbooks Desktop-ready file

4

Import to QuickBooks Desktop

File → Utilities → Import → IIF Files → Select File

Output is in QuickBooks Desktop IIF format — ready to import directly, no manual reformatting needed.

Common Conversion Questions

Which QuickBooks Desktop versions are supported?

IIF import works with QuickBooks Pro, Premier, and Enterprise versions 2000-2025.

How do I import the IIF file?

In QuickBooks Desktop, go to File → Utilities → Import → IIF Files. Select your converted file and click Import.

Can I import QFX directly into QuickBooks Desktop?

No, QuickBooks Desktop doesn't support direct QFX import. You need to convert the QFX file to QBO or IIF format first before importing.

Why Convert QFX to IIF?

What is a QFX File?

QFX (Quicken Financial Exchange) is Quicken's proprietary version of the OFX format. Many banks offer QFX downloads specifically for Quicken users through "Web Connect" or "Direct Connect" features. While QFX works great in Quicken, QuickBooks Desktop can't import QFX files directly for all transaction types.

What This Tool Does

We convert your bank's QFX download to IIF format: - Deposits become balanced DEPOSIT transactions - Payments become balanced CHECK transactions - Transaction IDs (FITID) are preserved as document numbers - All amounts, dates, and memos are converted Import via File → Utilities → Import → IIF Files.

Your Conversion is Secure

Browser-Only Processing

All conversion runs in your browser. Files are never uploaded to any server.

No Data Retention

Nothing is stored after conversion. Close the tab and your data is gone.

GDPR Compliant

Full EU data protection compliance. Your privacy rights are fully protected.

Field Mapping

How Banking Ofx fields map to Quickbooks Desktop Iif

Banking Ofx Source Value Quickbooks Desktop Iif Target Value Note
FITID 202501150001 DOCNUM 202501150001 Bank transaction ID as document number
DTPOSTED 2025-01-15 12:00:00 DATE 01/15 12:00:00/2025 Transaction date
TRNAMT -50.00 AMOUNT -50.00 Transaction amount
NAME AMAZON PURCHASE NAME AMAZON PURCHASE Payee name
MEMO Online order #12345 MEMO Online order #12345 Transaction memo
CHECKNUM 1001 CHECKNUM Check number (if check transaction)

Why Use This Converter?

Full QFX Support

Handles all Quicken Web Connect QFX files.

Balanced Transactions

Every transaction has proper double-entry (debit = credit).

Account Mapping

Configure bank, income, and expense account names.

Desktop Compatible

Works with QuickBooks Pro, Premier, and Enterprise.

Transaction ID Preservation

FITID from QFX preserved as document number.

Browser-Based Privacy

Files process locally. Your bank data never leaves your computer.

Data Transformation

Each bank transaction becomes a TRNS/SPL/ENDTRNS block

Input OFX Transaction

One row per bank transaction

Key columns: FITID, DTPOSTED, TRNAMT, NAME
1:N — One input row creates multiple output rows
Output IIF Transaction Block 3 rows per input

Hierarchical structure for QuickBooks Desktop import

Common IIF File Import Errors

Issues you might encounter when importing OFX/QFX/QBO Bank Transactions data to IIF File - and how we solve them

Account Not Found

QuickBooks can't find the specified account name

Account 'Bank Account' not in Chart of Accounts
Create the account first or use exact name

Verify account names match your Chart of Accounts exactly

Edit account names in the tool options before converting

Transaction Doesn't Balance

IIF requires AMOUNT sum to equal zero per transaction

TRNS: 100, SPL: -90 (doesn't balance)
TRNS: 100, SPL: -100 (balances to zero)

We ensure each transaction balances correctly

All amounts are validated before export

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One-time credit bundles are valid for one year. Subscription credits refresh monthly. You can use credits across any tool, anytime.

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Files process entirely in your browser. We're GDPR compliant with TLS encryption.

Can I get a refund?

Yes! Full refund within 14 days if no credits used. Partial refund for unused credits anytime. Contact sup@spreadsheetbroccoli.com.

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Frequently Asked Questions

Your data never leaves your device. All files are processed entirely in your browser using client-side JavaScript - no data is stored on our servers or sent anywhere. There's no account to hack, no database storing your files, and no API connections to your bank or accounting software. You upload, convert, download, and we forget it immediately.
No payment or signup required. You can upload your file, see a free preview of the conversion results, and verify everything looks correct before paying anything. If it doesn't work for your files, you haven't wasted any money. We only charge when you're satisfied and ready to download the final converted file.
You can, but free scripts and AI often miss edge cases that break real-world data: missing SKUs, currency formatting quirks, tax calculation errors, or date format mismatches. We have battle-tested validators specifically designed for accounting software imports that catch these issues before they corrupt your books. Plus, you get instant browser-based conversion without installing Python or managing dependencies.
QFX is Quicken's proprietary version of OFX. They share the same underlying structure, but QFX files may include additional Quicken-specific metadata. Both formats work with this converter.
IIF import works with QuickBooks Pro, Premier, and Enterprise versions 2000-2025.
Either works! They contain the same transaction data. Use whichever your bank makes easier to download.
Yes. The Bank Account and expense/income accounts you specify must already exist in your QuickBooks Chart of Accounts.
The FITID (Financial Institution Transaction ID) from your QFX file is preserved as the document number in QuickBooks, helping prevent duplicate imports.
In QuickBooks Desktop, go to File → Utilities → Import → IIF Files. Select your converted file and click Import.
No, QuickBooks Desktop doesn't support direct QFX import. You need to convert the QFX file to QBO or IIF format first before importing.
The maximum file size is 350 KB. For larger files, download transactions in smaller batches by adjusting your date range.
Some browsers or systems automatically convert file formats. Use a dedicated QFX to QBO converter to ensure proper file format for QuickBooks Desktop.
The FID identifies which bank the QFX file comes from. QuickBooks needs this to process the file; if your bank isn't listed, use another bank's FID as a workaround.

Alternative tools for QFX → QB Desktop: