Importing Data in QIF format
[Note: if you are trying to move from Quicken 2019, please read this important update.]
Moneydance can migrate your data from other applications without a multi-step process or dealing with complicated settings. Moneydance analyzes the file to figure out the best way to import the data.
Transferring financial data into Moneydance requires that the data first be exported as a QIF file.
This can be accomplished in Quicken by choosing File > Export.
You should export all data into a single QIF file, as this makes the import process much smoother.
Use the option to export "all accounts", if this is available.
If this is the first time you have run Moneydance you will be presented with 3 options within the "Welcome to Moneydance" window. Select "Import New Account Set".
If you have already run Moneydance and have an existing Moneydance data file, navigate to File > Import.
If you would like to open a new, blank data file before importing, go to File > New.
Follow the prompts to create a new file as a "Minimal Account Set," then go to File > Import.
A file browser will be displayed. Navigate to your QIF file, select the file, and click "OK".
The "Import QIF File" window will appear (as shown below).
- Moneydance should automatically detect the settings used within your file.
If you want to check, you can open the QIF file with a program like TextEdit or NotePad to view the file contents. This will allow you to check which date format and decimal characters are used within your file.
- Then choose "Import" and wait for your data to populate into the program.
It may take a few minutes for the import to complete - this time will vary depending on the size and complexity of the file being imported.