What kind of PDFs are supported?

Text-based statement PDFs work today — the kind you download directly from your bank. Scanned or photographed statements need OCR, which is coming soon.

Is my financial data secure?

Files are processed privately and are never shared or sold. Uploads are kept only as long as needed to produce your export.

Which banks does it work with?

A generic parser handles most common statement layouts. Bank-specific templates for major banks are on the roadmap to push accuracy even higher.

What formats can I export?

Both CSV and Excel (XLSX). Every export reflects any edits you make in the review table.

Can I fix incorrect rows?

Yes. Every extracted row is editable inline before export, and a confidence score flags anything worth a second look.

IIF to QBO Converter

Drop in a IIF file and download clean QBO. AI reads the file semantically, identifies financial or business transaction rows, and converts them into an import-ready QBO file.

.iif.qbo

QBO/QFX files may need a bank-specific Intuit ID to import into QuickBooks or Quicken without a warning.

Free · no sign-up · AI-powered semantic conversion.

How to convert IIF to QBO

1
Upload your IIF file
Drag and drop your .iif file, or click to browse. Statemently sends it to the configured AI provider for semantic conversion.
2
We convert it instantly
Statemently uses AI to understand the uploaded IIF file, normalize transaction-like rows, and write a clean QBO file.
3
Download your QBO file
Your QBO (.qbo) file downloads automatically, ready to import.

Why convert IIF to QBO?

You'll usually reach for a IIF → QBO converter when a bank, marketplace, bookkeeping tool, or business export gives you a IIF file, but the tool you actually work in needs QBO.

Move transactions from QuickBooks Desktop exports into QuickBooks Desktop and QuickBooks Online (via Web Connect import).
Avoid manual re-keying and the errors that come with it
Let AI interpret non-standard columns and normalize dates, descriptions, and amounts

Example: before and after

A sample IIF file and the exact QBO this tool produces from it.

Input · .iif

!TRNS	TRNSTYPE	DATE	ACCNT	NAME	AMOUNT
!SPL	TRNSTYPE	DATE	ACCNT	NAME	AMOUNT
!ENDTRNS
TRNS	DEPOSIT	06/02/2026	Checking	Direct Deposit ACME Payroll	4200.00
SPL	DEPOSIT	06/02/2026	Income		-4200.00
ENDTRNS

Output · .qbo

OFXHEADER:100
DATA:OFXSGML
VERSION:102
SECURITY:NONE
ENCODING:USASCII
CHARSET:1252
COMPRESSION:NONE
OLDFILEUID:NONE
NEWFILEUID:NONE

<OFX><SIGNONMSGSRSV1><SONRS><STATUS><CODE>0<SEVERITY>INFO</STATUS><DTSERVER>20260602120000<LANGUAGE>ENG<FI><ORG>Statemently<FID>10000</FI><INTU.BID>3000</SONRS></SIGNONMSGSRSV1><BANKMSGSRSV1><STMTTRNRS><TRNUID>1<STATUS><CODE>0<SEVERITY>INFO</STATUS><STMTRS><CURDEF>USD<BANKACCTFROM><BANKID>000000000<ACCTID>000000000<ACCTTYPE>CHECKING</BANKACCTFROM><BANKTRANLIST><DTSTART>20260602<DTEND>20260602<STMTTRN><TRNTYPE>CREDIT<DTPOSTED>20260602<TRNAMT>4200.00<FITID>202606020<NAME>Direct Deposit ACME Payroll<MEMO>Direct Deposit ACME Payroll</STMTTRN></BANKTRANLIST><LEDGERBAL><BALAMT>0.00<DTASOF>20260602</LEDGERBAL></STMTRS></STMTTRNRS></BANKMSGSRSV1></OFX>

What ends up in your QBO file

QBO field	Comes from
DTPOSTED	Transaction date (YYYYMMDD)
TRNAMT	Signed amount
TRNTYPE	DEBIT or CREDIT, derived from the amount sign
NAME / MEMO	Description
INTU.BID	QuickBooks Web Connect branding block (generic by default)

About IIF and QBO

IIF (.iif)

IIF (Intuit Interchange Format) is a tab-delimited text format for moving lists and transactions in and out of QuickBooks Desktop. Transactions are wrapped in TRNS / SPL / ENDTRNS blocks.

Exported by:: QuickBooks Desktop exports.
Read by:: QuickBooks Desktop.

QBO (.qbo)

QBO is the QuickBooks Web Connect file — an OFX file tailored for QuickBooks. It lets you import bank transactions straight into a QuickBooks account.

Created by:: Banks that offer a 'QuickBooks (.qbo)' Web Connect download.
Imports into:: QuickBooks Desktop and QuickBooks Online (via Web Connect import).

Tips

QBO/QFX files carry a generic Intuit bank ID. QuickBooks or Quicken may ask you to confirm the bank on first import.
Files up to 8 MB are supported. Very large files may be summarized before AI conversion.

Frequently asked questions

Is the IIF to QBO converter free?

Yes — it's completely free, with no sign-up required.

What is a IIF file?

IIF (Intuit Interchange Format) is a tab-delimited format for importing lists and transactions into QuickBooks Desktop.

What can I do with the QBO file?

QBO is the QuickBooks Web Connect file used to import bank transactions directly into QuickBooks.

Is my financial data private?

Your file is processed by the configured AI conversion provider, never sold, and not stored by this converter after the conversion runs.

Is there a file size limit?

Files up to 8 MB are supported, which covers even multi-year exports.

Will the QBO file import into QuickBooks or Quicken?

QBO/QFX files may need a bank-specific Intuit ID to import into QuickBooks or Quicken without a warning.

Other IIF conversions

IIF to CSV IIF to Excel IIF to OFX IIF to QFX IIF to QIF IIF to PDF

Convert other files to QBO

Any File to QBO CSV to QBO Excel to QBO OFX to QBO QFX to QBO QIF to QBO

Got a bank statement PDF instead?

Statemently turns statement PDFs into clean Excel, CSV, and accounting exports. Free to try.

Convert a statement