How to import a QIF file into Quicken

This tutorial goes through a process of importing a QIF file into Quicken. It is using an older Quicken version and retired converter app, but is applicable to the current Quicken version and the current converter app:

• The QIF import process was improved since Quicken 2018 and later, Quicken for Windows "officially" imports QIF files
• Quicken 2018 or later imports QIF files in all editions including the Starter edition
• Quicken 2017 or earlier requires the Deluxe edition to import QIF files and QIF files must be correctly created with the account name entered during the conversion

See the tutorial as a video at https://www.youtube.com/watch?v=77AUVMIbS2o

Import a QIF file into Quicken 2015 Deluxe version for Windows

This tutorial works also on Quicken 2016 Deluxe, Quicken 2017 Deluxe, or higher editions, like Home Business or another one. It doesn't work on the Quicken Starter Edition. If you have Quicken 2005-2014 you may use this tutorial, as well.

There are two types of QIF files:

• Full, Backup, or Correct QIF files;
• 'Incorrect' QIF files, usually downloaded from your Online banking. And you can use the ProperConvert converter to convert such QIF files to the correct ones. By "correct QIF files" means converted through a ProperSoft converter. 

Now to import a QIF file into Quicken click 'File' - 'File Import' - 'QIF File'.

Then click the 'Browse' button and select a QIF file.

In our case, we have a Checking Account Name. We can not select it in the 'Quicken account to import into' Tab. We have only 'All Accounts', that's what we must select.

A QIF file has an Account Name, as part of the QIF file. When you are using ProperSoft converter you have to enter that Account Name before converting to a QIF file. In this case, we have a Checking Account and we enter the Account Name, as Checking.

You can ignore 'Don't see your account?' (QIF import is not available for checking, savings, credit cards, 401(k) and all other brokerage accounts) as long as you select 'All Accounts'. To import a QIF file click the 'Import' button.

All transactions are successfully imported. Click the 'Done' button.

Transactions are not in the register yet.

Review transactions before adding to the register. Click 'Edit' - 'Preferences'.

Edit 'Downloaded transactions preferences'. 'Automatically add to banking registers' and 'Automatically add to investment transaction lists' must be unchecked.

And when you like, what you see, you can accept all transactions. Click on 'Accept All' button.

Now transactions are in the register.