Importing bank transactions (QIF or OFX)

#4 01-25-2007, 02:24 AM

"Jim" <jim[at]myemai.com> wrote in message
news:%235ZWwg8PHHA.4992[at]TK2MSFTNGP04.phx.gbl...
- quote -

> Thank you both for your help. I really appreciate the info about double
> / triple importing which sounds like it can happen in the qif format.

Importing multiple times can be addressed during while reviewing the online
statement. If you're not already aware, you can change an imported
transaction and link it to an existing transaction. It's not an efficient
use of your time, though, to do that multiple times to the same
transaction. Better to use OFX, or download QIF files in a way that
minimizes the duplication contained in them.
--
Chris Cowles
Gainesville, FL

#3 01-24-2007, 01:59 PM

Thank you both for your help. I really appreciate the info about double /
triple importing which sounds like it can happen in the qif format.

Thanks again,

Jim Kennelly

"Dick Watson" <littlegreengecko[at]mind-enufalready-spring.com> wrote in
message news:e10mJ3iPHHA.4424[at]TK2MSFTNGP06.phx.gbl...
- quote -

> My life has been hectic recently--I got traded from one employer to
> another, among other things--and the work on the FAQ is backlogged. I
> filed the post. Hopefully I'll get to it someday...
> "Mark Horn" <mark[at]hornclan.com> wrote in message
> news:slrner9933.50s.mark[at]home.hornclan.com...
> > Any chance that this could be added to a FAQ?
> > It's asked enough and the answer given enough that it'd be much
> > easier to just refer them to the FAQ than to have to answer
> > it again. Perhaps some combination of Chris answer below and my
> > answer previously:
> > > http://groups.google.com/group/micro...a188eb4e2f8bb7

#2 01-22-2007, 12:59 PM

My life has been hectic recently--I got traded from one employer to another,
among other things--and the work on the FAQ is backlogged. I filed the post.
Hopefully I'll get to it someday...

"Mark Horn" <mark[at]hornclan.com> wrote in message
news:slrner9933.50s.mark[at]home.hornclan.com...
- quote -

> Any chance that this could be added to a FAQ?
> It's asked enough and the answer given enough that it'd be much
> easier to just refer them to the FAQ than to have to answer
> it again. Perhaps some combination of Chris answer below and my
> answer previously:
> http://groups.google.com/group/micro...a188eb4e2f8bb7

#1 01-22-2007, 10:47 AM

Dick Watson: Any chance that this could be added to your FAQ?
It's asked enough and the answer given enough that it'd be much
easier to just refer them to the FAQ than to have to answer
it again. Perhaps some combination of Chris answer below and my
answer previously:

http://groups.google.com/group/micro...a188eb4e2f8bb7

?

On 2007-01-21, Chris Cowles <spam_magnet[at]remove-me-bellsouth.net> wrote:
- quote -

> OFX is better. The file includes account and transaction identifiers. Money
> will match it to the correct account automatically (you might have to link
> it once) and will not import duplicate transactions. The definition of
> duplicate in this case is 'already imported'. That doesn't refer to
> transactions you manually created.
> QIF requires you to ID the account every time, and will import the same
> transactions every time you import a file. It has no knowledge of what it
> imported before.
> Money will import either. It will even import QFX, but you might have to
> edit the first line or two of the import file. (QFX is a modified OFX
> format.)

01-22-2007, 03:01 AM

OFX is better. The file includes account and transaction identifiers. Money
will match it to the correct account automatically (you might have to link
it once) and will not import duplicate transactions. The definition of
duplicate in this case is 'already imported'. That doesn't refer to
transactions you manually created.

QIF requires you to ID the account every time, and will import the same
transactions every time you import a file. It has no knowledge of what it
imported before.

Money will import either. It will even import QFX, but you might have to
edit the first line or two of the import file. (QFX is a modified OFX
format.)
--
Chris Cowles
Gainesville, FL

"Jim" <jim[at]myemai.com> wrote in message
news:OUhW5MdPHHA.5012[at]TK2MSFTNGP02.phx.gbl...
- quote -

> I need to routinely import transaction into Microsoft Money 2005 Business
> Edition. I was wonder if it made a difference if I use qif or ofx format?

#-1 01-22-2007, 02:14 AM

I need to routinely import transaction into Microsoft Money 2005 Business
Edition. I was wonder if it made a difference if I use qif or ofx format?

Thanks for your replies,

Jim

Similar Threads
Thread	Forum	Replies	Last Post
Problem importing from Bank Alan B: I am running MM 2005 under Windows XP. Though my bank is not listed on your web site, I can download files directly into MM. I have two issues: 1. ...	Microsoft Money	1	12-27-2004 08:17 PM
Importing bank statement ruben: When I import a file into MS Money 2004, it will show my bank balance and local balance are different. When I go into my acount to accept or...	Microsoft Money	1	08-03-2004 10:41 PM
Importing bank statments Mark: I have just upgraded from M02 to M04. In m02 I was able to log into my bank web site and click a button to download a Quicken type file. This would...	Microsoft Money	3	11-03-2003 08:47 PM
Importing Mortgages from Bank Jeff: I have tried to import several files for our house mortgage. When Money opens up and tries to import the data it gives you a list of accounts to...	Microsoft Money	1	08-10-2003 08:28 PM

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode