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Quicken's proposed replacement for the QIF format has been the proprietary Quicken Web Connect (QFX) format. It is commonly supported by financial institutions to supply downloadable information to account holders, especially by banks that support integration of Money or Quicken with their online banking.
QFX is used in Intuit's "Web Connect" and "Direct Connect" features to transmit and receive financial information over the internet. [1] [2] [3] 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]
It imports data from QIF, OFX, QFX, QBO and CSV files. [ 1 ] Moneyspire has the ability to use its financial data files interchangeably between the Mac , Windows , Linux and Chromebook versions of the software, thus making the software a viable choice for people who use Windows PCs , Macs (and Chromebooks and Linux desktop computers ).
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QFX is a proprietary variant of OFX used in Intuit's products. In Intuit products, OFX is used for Direct Connect and QFX for Web Connect. Direct Connect allows personal financial management software to connect directly to a bank OFX server, whereas in Web Connect, the user needs to log in and manually download a .qfx file and import it into Quicken.
Supports .OFX, .QFX, and .QIF file formats. CheckForm - Print checks, including MICR codes, on to blank check stock. StockWeb - Updates current stock prices and dividends over the internet and conduct research over the web. PriceLink - Module that can retrieve and update historical prices in a portfolio including bonds, warrants, and mutual funds.
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