Bill Anderson. Mike, Excellent article! I was able to migrate from MS Money following your instructions. Hi All, Thanks to Mike for this superbly written piece.
Cheers, Vincent. Mike, thanks for the great comments. Better than any explanation Intuit had on their site. Although, the web page below has some enlightening things in it like the max length of category names and no special characters. Unfortunately I do not want to buy Quicken to convert my Money data.
Dear Nick, If I understand your issue correctly, you are trying to convert Money to quicken. I would like to inform that the converter will not work with quicken Have a great day ahead. Have a great day and thank you for using Quicken!
Do not try the suggestion I posted above from Intuit. There are severe limitations with the Quicken import of QIF files and you will never get your accounts set up right. I wasted a lot of time correcting Money account names and exporting only to find out you can only import Cash and Property accounts. Intuit even says in one of their Support answers that only a limited number of things can be imported via QIF files.
And I thought MicroSucks was bad. Sorry if I caused anyone heartache. Thanks for keeping a record of such things. I just went through a very annoying upgrade process. Quicken was unable to import QIF files properly, and customer support told me to get lost. I eventually found the tools for converting my Money file to Quicken, and finally got it working. I did have a problem along the way. That was easily enough fixed, but the Quicken import tool quietly failed at that point in the file.
Really gave me hope. However I am in Australia and it seems that the Quicken qwutil. I tried downloading the qwutil. It generates another API error — which looks like some country verification process. I also tried versions of the qwutil. I hope Intuit fix it soon.
Cheers Stephen. For anyone that can get the converter to work for Quicken try this solution out. Worked for me, finally get to see if quicken is really better than money. I was trying to import MS Money into quicken I tried your example I get to the click on import, it starts the process and a error screen pops up and states data converter has ecoutered and error and needs to close. Any thoughts?? I would really like to get me data into quicken. Hi Mike, Thanks for the info. I have about 12 years of data in Microsoft Money format stored in Money premium.
I also see all the accounts have been setup as Bank accounts, no idea how to change. It seems like this is going to take a lot of time to clean up even after the conversion. Is this what you experienced as well? Excellent Report, and shame on Intuit for producing such a shaby converter.
I was particularly struggling with step 4, however in the end managed to convert my file. Daniel ps: also note, that the third error is not always present, at least not from my version of MS Money Kudos to PM. The only hitch I had with the recipe is that at the end the converted data ended up in a file named qdata1 vice qdatamny.
I found the problem to be with the duplicate category when the data conversion from quicken tried to take the transactions. I got another error after I tried the conversion tool again. Only took about 35 hours to get it done. Now my next step is to transfer from quicken to quickbooks which is really the whole purpose to this. You deserve a special place in heaven for posting all of these detailed instructions.
It worked like a dream. Many of you expressed success in your conversion. My effort was good with bank accounts etc. It is not certified to run on Windows If you proceed, you do so at your own risk. After you have completed your successful conversion, there are a few steps you should complete before continuing. To review the full list of first steps, see Steps to take after importing your Money File into Quicken.
My Account. Quicken on the Web. Free with your Quicken desktop subscription Access Quicken anytime, anywhere Add and edit transactions Sync and view all your accounts in any browser See investment portfolio daily changes. Toggle Notices. Issue purchasing Quicken Canada; form asks for Zip Code. Error CC with Citi. Unexpected Email or Text to verify info. Error Updating Capital One Accounts. Product Version. There are four steps in this process Learn about the conversion process.
If you have an older version of Microsoft Money, you will need to upgrade. Your Microsoft Money software must be installed on the same computer as Quicken. The version of the data file you plan to import must match the version of Microsoft Money you have installed.
For example, to import a Money file, you must have Money installed, and to import a Money file, you must have Money installed. If you are in the process of reconciling your accounts in Microsoft Money, we recommend that you finish reconciling before importing because Quicken won't know where you are in the process if you import mid-stream.
Money should not be running during the import process. Please exit the program before starting. Create a new Quicken data file. The process isn't straightforward or without data loss, but it is possible. First you have to download Intuit's Microsoft Money to Quicken converter application, which is Windows only.
Why the whole song and dance? A Quicken product manager tells me that Money encrypts its files, which makes it difficult to move data easily between the two programs. As a result, the Data Converter utility has its limitations.
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