Why Small Business Owners Need QIF Format
As small business 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 1-2 hours per month on manual statement review and reconciliation, plus avoids errors that can cost hours to trace and correct
How It Works
Upload any bank statement PDF
Supports all major banks. Saves 1-2 hours per month on manual statement review and reconciliation, plus avoids errors that can cost hours to trace and correct
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 small business owners work
Import into Xero, QuickBooks, Excel or use for direct analysis.
QIF Tip for Small Business Owners
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 Small Business Owners
- 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 small business owners — Saves 1-2 hours per month on manual statement review and reconciliation, plus avoids errors that can cost hours to trace and correct
- 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 Small Business Owners
Users of Quicken, older QuickBooks Desktop versions, and legacy financial software that accepts QIF but not OFX or CSV
Convert to QIF Free