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QuickBooks is an accounting software package developed and marketed by Intuit. First introduced in 1992, QuickBooks products are geared mainly toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay bills, and payroll functions.
After they switched the Mac from PowerPC to Intel processors, Apple continued to support PowerPC-based apps (via Rosetta) on their Intel-based Macs until Mac OS X Lion. In 2012, Quicken for Mac 2007 on Intel was released. [28] Intuit decided to start from scratch and Quicken Essentials for Mac (QEM) was created in 2010. [29]
A QFX file is a standard OFX file with additional fields to support a licensing fee paid by institutions to Intuit. In contrast, the standard OFX format is a free and open standard. [4] Intuit's Quicken software will only import QFX files where the providing institution has paid the fee and in some cases passed quality tests, otherwise giving ...
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QuickBooks doesn't allow exporting to QIF. Only the Intuit Interchange Format (IIF) is supported. An IIF to QIF converter will not solve the problem either, as journal entries can't be exported in IIF format, only lists are exportable. A viable way to overcome this problem is to set up a journal report, to show all journal entries.
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