I've read some posts on this issue and tried to get tech support from Intuit. You should have seen the online assistant refusing to even discuss the fact that there is a QIF import menu item. Unbelievable!
Anyway, my credit union which holds my credit card is listed on the Intuit site as being a compatible FI. It does not show up, however, in the drop down list when setting up the download info for the account.
As a work around, I've gone to the credit union web site and there at the bottom of the screen is the option to download both Qif and OFX files of the data.
Do I understand that there is no way to manually import these files into Quicken without some sort of file modification?
shrub...@charter.net <shrub...@charter.net> wrote: > Hi all,
> I've read some posts on this issue and tried to get tech support from > Intuit. You should have seen the online assistant refusing to even > discuss the fact that there is a QIF import menu item. Unbelievable!
Credit card accounts should still be able to import QIF in Q2005. Are you saying yours won't?
> Anyway, my credit union which holds my credit card is listed on the > Intuit site as being a compatible FI. It does not show up, however, in > the drop down list when setting up the download info for the account.
That means they don't support web connect (QFX files) or direct connect.
> As a work around, I've gone to the credit union web site and there at > the bottom of the screen is the option to download both Qif and OFX > files of the data.
The OFX file is for MS Money. The QIF is the old Quicken method that Intuit will sunset for credit cards in Quicken 2006. Unless your FI forks over some moola to Intuit, it seems as if they won't be supporting the Quicken equivalent of the MS Money file (QFX for Quicken, OFX for Money).
> Do I understand that there is no way to manually import these files > into Quicken without some sort of file modification?
> I've read some posts on this issue and tried to get tech > support from > Intuit. You should have seen the online assistant refusing to > even > discuss the fact that there is a QIF import menu item. > Unbelievable!
> Anyway, my credit union which holds my credit card is listed > on the > Intuit site as being a compatible FI. It does not show up, > however, in > the drop down list when setting up the download info for the > account.
> As a work around, I've gone to the credit union web site and > there at > the bottom of the screen is the option to download both Qif > and OFX > files of the data.
> Do I understand that there is no way to manually import these > files > into Quicken without some sort of file modification?
Quicken will not import "OFX" files, it will import (download) "QFX" files. If your fi offers "web-connect" ("QFX") downloads, you can use that form of download.
As a Q2005 user, you will be able to download QIF files for your credit-card account; beginning with Q2006 (should you upgrade), you will not.
But there may be a workaround for the QIF file import problem. Intuit has not said they will eliminate QIF file imports to Cash, Asset, or Liability accounts (and a few more). You can probably setup a dummy cash account, download your credit-card QIF file and import to the dummy cash account, select the transactions in the dummy cash account, copy (or cut) them, then paste them into your credit card account.
-- John Pollard First initial underscore Last name at mchsi dot com Please reply to newsgroup
shrub...@charter.net said the following on 1/31/2005 8:24 PM:
> I've read some posts on this issue and tried to get tech support from > Intuit. You should have seen the online assistant refusing to even > discuss the fact that there is a QIF import menu item. Unbelievable!
Not after what I've read online. Rather, this is to be expected.
> Anyway, my credit union which holds my credit card is listed on the > Intuit site as being a compatible FI. It does not show up, however, in > the drop down list when setting up the download info for the account.
Strange. Does it specifically indicate your FI supports Web Connect?
> As a work around, I've gone to the credit union web site and there at > the bottom of the screen is the option to download both Qif and OFX > files of the data.
> Do I understand that there is no way to manually import these files > into Quicken without some sort of file modification?
The short answer is, yes.
A longer answer is, yes, because Intuit has instituted the following extortion racket: They have created "technically" OFX-standard-compliant tags to the basic OFX file format in order to create the QFX file format. This consists of adding the following tags:
<FI> <ORG> <FID> </FI> <INTU.BID>
Which must, it appears, fall immediately after the "<LANGUAGE>ENG" tag (assuming you're using English).
When reading the QFX file, the Quicken software checks to see if the information in the ORG,FID and INTU.BID tags correspond with FI info that is stored on the Intuit servers. If not, Quicken will refuse to read the file.
This appears to serve one purpose only: to enable Intuit to extort money from FIs. They have to PAY Intuit to create these three bits of information for them and store it on the Intuit servers. Essentially, they are "licensing" the right to provide an arbitrary bit of data that will make it easy (not "possible" -- the end-user can fake this stuff manually, so it's possible under any circumstance). This is a no-value-added situation for the FI and the consumer. If Quicken didn't REQUIRE these tags to be present, but simply read and used them whenever they happened to be present, whatever benefits might be presented by having the FI's registration information on Intuit's servers would be reaped by the consumer and the FI, and were a valid OFX-formatted file PERMITTED by Quicken to be imported (not "possible," see above), people who don't care about/don't need/don't desire those benefits (whatever they might be, which is however clearly not compelling enough to convince many FI's to pay the fee) could still continue to import their FI's data into Quicken.
If you want to know how to dummy this data in, it's easy: obtain a properly-formatted QFX file and copy the lines that include the above-mentioned tags into your OFX file. Change the file extension from OFX to QFX. Run or import the file. Quicken will ask you which account you want to import to, since you won't have an account from that FI that matches the account number that is in the file. Specify the correct account, and you have what you wanted.
shrub...@charter.net said the following on 1/31/2005 8:24 PM:
> I've read some posts on this issue and tried to get tech support from > Intuit. You should have seen the online assistant refusing to even > discuss the fact that there is a QIF import menu item. Unbelievable!
Not after what I've read online. Rather, this is to be expected.
> Anyway, my credit union which holds my credit card is listed on the > Intuit site as being a compatible FI. It does not show up, however, in > the drop down list when setting up the download info for the account.
Strange. Does it specifically indicate your FI supports Web Connect?
> As a work around, I've gone to the credit union web site and there at > the bottom of the screen is the option to download both Qif and OFX > files of the data.
> Do I understand that there is no way to manually import these files > into Quicken without some sort of file modification?
The short answer is, yes.
A longer answer is, yes, because Intuit has instituted the following extortion racket: They have created "technically" OFX-standard-compliant tags to the basic OFX file format in order to create the QFX file format. This consists of adding the following tags:
<FI> <ORG> <FID> </FI> <INTU.BID>
Which must, it appears, fall immediately after the "<LANGUAGE>ENG" tag (assuming you're using English).
When reading the QFX file, the Quicken software checks to see if the information in the ORG,FID and INTU.BID tags correspond with FI info that is stored on the Intuit servers. If not, Quicken will refuse to read the file.
This REFUSAL appears to serve one purpose only: to enable Intuit to extort money from FIs. They have to PAY Intuit to create these three bits of information for them and store it on the Intuit servers. Essentially, they are "licensing" the right to provide an arbitrary bit of data that will make it easy (not "possible" -- the end-user can fake this stuff manually, so it's possible under any circumstance). This is a no-value-added situation for the FI and the consumer. If Quicken didn't REQUIRE these tags to be present, but simply read and used them whenever they happened to be present, whatever benefits might be presented by having the FI's registration information on Intuit's servers would be reaped by the consumer and the FI, and were a valid OFX-formatted file PERMITTED by Quicken to be imported (not "possible," see above), people who don't care about/don't need/don't desire those benefits (whatever they might be, which is however clearly not compelling enough to convince many FI's to pay the fee) could still continue to import their FI's data into Quicken.
If you want to know how to dummy this data in, it's easy: obtain a properly-formatted QFX file and copy the lines that include the above-mentioned tags into your OFX file. Change the file extension from OFX to QFX. Run or import the file. Quicken will ask you which account you want to import to, since you won't have an account from that FI that matches the account number that is in the file. Specify the correct account, and you have what you wanted.
