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QFX is Intuit's proprietary version of the standard OFX financial interchange file format. 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 ...
Many banks in the US let customers use personal financial management software to automatically download their bank statements in OFX format, but most Canadian, [7] [8] [9] United Kingdom and Australian banks do not allow this, however, many banks do support downloading financial data in OFX, QFX, QIF, or spreadsheet format via their web interface for later import into financial software.
The IIF file format, Intuit Interchange Format is a proprietary text file used by Intuit's Quickbooks software for importing and exporting lists and transactions. References [ edit ]
In order to be successfully read by Quicken the text file must be saved in ANSI format. Files saved in UTF-8 format will not be correctly processed. The example above was tested in Quicken 2007, Quicken 2008, Quicken 2010, Quicken 2012, Quicken 2015 and an equivalently formatted text file using "TCCard" instead of "TInvst" under Quicken 2011.
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.
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Accounts receivable represents money owed by entities to the firm on the sale of products or services on credit. In most business entities, accounts receivable is typically executed by generating an invoice and either mailing or electronically delivering it to the customer, who, in turn, must pay it within an established timeframe, called credit terms [citation needed] or payment terms.