Why Recruitment Agencies Need QIF Format
As recruitment agency owner, converting bank statements to QIF saves hours of manual data entry. Quicken Interchange Format (.qif) is a legacy but widely supported format originally created by Intuit for Quicken, now accepted by many financial applications. Saves 3-4 hours per week on placement fee reconciliation and temporary worker payment matching for an agency processing 50+ placements per month
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 3-4 hours per week on placement fee reconciliation and temporary worker payment matching for an agency processing 50+ placements per month
AI outputs QIF
Our AI extracts all transactions and outputs QIF (.qif). BankScan AI generates QIF files with the correct date format for your locale (D
Use in your recruitment agencies work
Import into Xero, Sage, Bullhorn or use for direct analysis.
QIF Tip for Recruitment Agencies
BankScan AI generates QIF files with the correct date format for your locale (D field), payee names (P field), amounts (T field), and category hints (L field) where identifiable.
Supported Banks
BankScan AI works with all major UK and US banks, including:
QIF Features for Recruitment Agencies
- QIF advantages — Maximum backward compatibility with older financial software. Some users with legacy Quicken setups spanning decades rely exclusively on QIF for data continuity.
- Built for recruitment agencies — Saves 3-4 hours per week on placement fee reconciliation and temporary worker payment matching for an agency processing 50+ placements per month
- Format compatibility — Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV
QIF Converter — Built for Recruitment Agencies
Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV
Convert to QIF Free