Problems importing information from Quicken

Kurt Jahoor's Avatar

Kurt Jahoor

22 Aug, 2016 01:00 PM

I am porting data from Quicken Home and Business 2014 (R4) version for Windows into The latest version of Moneydance (Trail version).

Some accounts are coming across as blank names and some balances are off. I am importing from a single QIF file that has multiple accounts (Bank, Investment, Credit Card, Liabilities, Assets)). It would seem as though the source of the problem may be related to investment transfers coming across.

I perform the first step of importing to a New Account "from another program" an importing "Account information only". I notice that although I choose, Account information only, certain accounts are created with entries - specifically cash entries made from Investment accounts. Bank accounts have Cash entries for investment accounts. And my investment accounts seems largely pre-populated. Too many entries to confirm if it is cash only entries.

Please help

  1. 1 Posted by Ian O on 24 Aug, 2016 12:35 PM

    Ian O's Avatar

    Hi Kurt,

    Most customers are able to import their Quicken data without issues. That being said, the QIF file format was never really intended for transferring all data from Quicken to another program and as such it can contains inherent ambiguities that may need to be manually corrected post import. How much manual correcting needs to be done is hard to predict, it often depends on the version of Quicken you're using and the volume/type of data being imported. Typically investment accounts fair worse that regular accounts in this matter.

    When importing your data from Quicken you should follow these steps. It is recommended to export all Quicken data into a single QIF file, as doing so makes the import process much smoother. The one exception to this is if you have accounts in more than one currency. As you are encountering multiple issues when importing a single QIF you may wish to try transferring the individual accounts to see if your data migrates more successfully. You can follow these steps to import multiple QIF files into Moneydance.

    You may also find the advice in this article useful. It details the possible problems that you may experience when migrating from Quicken and how to resolve these.

    I hope this information is helpful. Please let me know if you have any questions or if I can be of further assistance.

    Ian O
    Infinite Kind Support

  2. 2 Posted by Jahoor on 24 Aug, 2016 12:44 PM

    Jahoor's Avatar

    Hello Ian

    Thank you for the response. Please note that I tried importing the same QIF file with Banktivity and it came across with no balance issues. I will try the individual export /import and see if that helps.

  3. System closed this discussion on 23 Nov, 2016 12:50 PM.

Comments are currently closed for this discussion. You can start a new one.

Keyboard shortcuts


? Show this help
ESC Blurs the current field

Comment Form

r Focus the comment reply box
^ + ↩ Submit the comment

You can use Command ⌘ instead of Control ^ on Mac