It can be very frustrating when you have a QIF file and you cannot open it. But do not worry, in most cases solution to your problem is very simple. Follow the instruction in steps 1-4 listed below and you should be able to solve your problem and open the QIF file with ease.
QIF (Quicken Interchange Format Format) is a file format that enables users to transfer financial data, such as bank transactions and other information, from one program to another. The data is stored in plain text and consists of transaction-level information. Transactions in a QIF file contain a header detailing relevant information, such as date of transaction, amount and name of transaction. Additionally, the user can save the account name, type, routed number and other details in each transaction.
QIF files can be created by programs such as Intuit's Quicken and Microsoft Money, or exported from financial institutions’ websites. They are also flexible enough to support various programming languages like C++ and Visual Basic, making them convenient to read, write and update. Furthermore, due to its wide application support and availability, it is often preferred over other financial information formats.
QIF file icon should be displayed in a manner characteristic to the program which supports such file type. If QIF file icon is of the form of generic blank page icon or similar it means that given format is not associated with any program installed on the system. Below are listed some of the most popular causes of such situation
In order to solve the following problems, follow the instructions:
Step 1. Select, download and install relevant software. The list of programs supporting files with QIF extension can be found below:
Step 2. Associate software supporting QIF with this file format
Step 3. Scan the QIF file using an antivirus software
Step 4. Verify whether the file has been properly downloaded from the internet or copied from an external storage medium. If not, then re-download or copy the file again.
In 95% of cases following these steps should solve problems with QIF files. Sometimes, although rarely, the cause of encountered problems may be different.
Should all the above-mentioned solutions fail to resolve problems with QIF file extensions, there is one last thing you can do – contact an IT expert. You can also try to contact one of the developers of software that supports QIF files.