iQIFConvert

What is iQIFConvert?

iQIFConvert is a convenient free utility that imports accounts data, which have been exported from a personal accounting app to a .qif file, converts them and saves them as a .mnydata file for opening in iNetWorth. It aims to assist current users of category-based finance and accounting apps, who want to exploit the benefits of full double entry bookkeeping, to migrate to iNetWorth.

iQIFConvert is simple and easy to use. The most complicated aspect of migrating from category-based finance and accounting apps to iNetWorth is exporting the QIF datafile, which needs to be done with care. However, clear instructions can be found in the iQIFConvert User Guide.

Once the QIF data has been exported, converting them to the iNetWorth format involves the following steps:

• The first task is to select the appropriate date format for the QIF file to be imported by selecting the appropriate radio button. Once you have selected the appropriate date format, click on the Import QIF File button to import your exported data.

• With your QIF file successfully uploaded into QIFonvert you can convert your QIF data into the iNetWorth compatible format. Simply click on the Convert QIF Accounts button.

• If your QIF Accounts data are converted successfully, you have the option to save just your QIF Accounts Tree into iNetWorth format or to go on to convert your QIF Transactions. Simply click on the Convert QIF Transactions button or the Save Converted Data button.

• With your QIF data successfully converted into a iNetWorth compatible format you can save them to the .mnydata file that you will be able to open with iNetWorth. Simply click on the Save Converted Data button, navigate to the directory where you want to save the converted data file, select or name the file and click on the Save button.

You will now be able to launch iNetWorth or iNetWorthPreview, open your imported accounts and continue to manage your personal finances, using double entry bookkeeping methods.

If you are ready to download iQIFConvert now, please click on the link below: