switching from Quicken 2014 Home & Business

Jay's Avatar

Jay

19 May, 2016 10:20 PM

Hi
We are very long term users of Quicken Home and Business. Are you able to accept an import of all historical transactions?

  1. Support Staff 1 Posted by Jenny on 20 May, 2016 10:02 AM

    Jenny's Avatar

    Hi Jay,

    Most customers are able to import their data without any issues. That being said, the QIF file format was never really intended for transferring all data between personal finance software and as such it may contain inherent ambiguities that will need to be manually corrected post import. How much manual correcting needs to be done is hard to predict. Typically investment accounts fair worse that regular accounts in this matter.

    If you haven't already, I encourage you to download our free trial version and experiment with the program. The demo version is fully functional and allows you to manually enter 100 transactions. Imported transactions are not limited, so you'll be able to fully test importing your data from Quicken.
    If you decide to purchase the program at a later date you can keep all your data, the license key simply unlocks the ability to manually enter more transactions. You can download the trial version of Moneydance here.

    if the QIF file format is available to you when exporting from Quicken, you should follow these steps. In particular make sure you specify to Import into a new account rather than an existing account. And you set the source to "From another program".
    It is highly recommended to export all Quicken data into a single QIF file, as doing so makes the import process much smoother. Please use the option in Quicken to export "all accounts" if available. The one exception to this is if you have accounts in more than one currency - if thats the case, then you can follow these steps to import multiple QIF files.

    I hope this information is helpful. Please let me know if you have further questions or need any assistance importing your data.

    Jenny
    Infinite Kind Support

  2. 2 Posted by Todd on 21 May, 2016 01:07 AM

    Todd's Avatar

    Jay, I am just about finished moving from Quick 2013 to Moneydance myself and you will need a few hours to spend on getting everything correct. The first thing I would suggest doing is the Quicken validate and repair on your current data file. I had trouble importing the data into Moneydance and not getting the proper balances between my checking account, my assets (vehicles and house) and home loan correct. Turns out I had quite a few corrupt entries as reported by the quicken validate utility which caused all sorts of weird and different balances each time I tried the import. Also, having the proper categories of expenses vs income items in quicken before exporting to QIF seemed to help ease a lot of the reconciliation on the transactions. I'm still using the trial now, but I'm 99% sure I'll be buying shortly and getting off the Quicken "every 3 year forced upgrade" train for good.

  3. 3 Posted by Jay Stead on 21 May, 2016 01:27 AM

    Jay Stead's Avatar

    Thanks very much.

  4. System closed this discussion on 02 Oct, 2016 02:35 AM.

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