Simplifies input of financial transactions, including banking, credit card, and investment data.
QIF Master is a software application designed for MacOS X Cocoa that assists in the efficient entry of banking, credit card, and investment transactions into Quicken. One of the most important features of QIF Master is its ability to automate categorization of bank and credit card transactions. As many banks and credit card companies provide the ability to download transaction histories in the Quicken Interchange Format (QIF), the lack of meaningful categories can be a frustrating issue. QIF Master solves this problem by automatically categorizing the transactions based on the description included within each transaction.
In addition to QIF format, some banks and credit card companies also offer transaction histories in QFX or OFX formats. While Quicken directly imports QFX format (also known as Web Connect) and matches transactions with those in your register, they don't come with categories assigned. This is where QIF Master comes in handy, as it can convert QFX or OFX formats into QIF while applying desired categories automatically. Even if these formats are not directly supported by Quicken, QIF Master can help to convert them into a compatible file format for import.
For investment transactions, QIF Master is especially valuable because many investment firms don't offer QIF format directly. Instead, it extracts QIF from the transaction history web page of the investment firm and imports that data into Quicken. QIF Master also allows conversion of comma-separated value (CSV) files into QIF format.
Moreover, QIF Master can perform other transformations on financial data processing, with resulting output data available in CSV or tab-separated entries in text files. It's also possible to configure the software as a browser helper application for files of type application/qif to automatically process downloaded QIF files.
Overall, QIF Master offers a highly useful tool for anyone who needs to import financial data into Quicken, with many valuable features that make it an efficient option for processing transactions of various formats.
In addition to QIF format, some banks and credit card companies also offer transaction histories in QFX or OFX formats. While Quicken directly imports QFX format (also known as Web Connect) and matches transactions with those in your register, they don't come with categories assigned. This is where QIF Master comes in handy, as it can convert QFX or OFX formats into QIF while applying desired categories automatically. Even if these formats are not directly supported by Quicken, QIF Master can help to convert them into a compatible file format for import.
For investment transactions, QIF Master is especially valuable because many investment firms don't offer QIF format directly. Instead, it extracts QIF from the transaction history web page of the investment firm and imports that data into Quicken. QIF Master also allows conversion of comma-separated value (CSV) files into QIF format.
Moreover, QIF Master can perform other transformations on financial data processing, with resulting output data available in CSV or tab-separated entries in text files. It's also possible to configure the software as a browser helper application for files of type application/qif to automatically process downloaded QIF files.
Overall, QIF Master offers a highly useful tool for anyone who needs to import financial data into Quicken, with many valuable features that make it an efficient option for processing transactions of various formats.
What's New
Version 7.21: N/A