QFX to Tally XML Converter
Drop in a QFX file and download clean Tally XML. AI reads the file semantically, identifies financial or business transaction rows, and converts them into an import-ready Tally XML file.
Free · no sign-up · AI-powered semantic conversion.
How to convert QFX to Tally XML
- 1
Upload your QFX file
Drag and drop your .qfx 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 QFX file, normalize transaction-like rows, and write a clean Tally XML file.
- 3
Download your Tally XML file
Your Tally XML (.xml) file downloads automatically, ready to import.
Why convert QFX to Tally XML?
You'll usually reach for a QFX → Tally XML converter when a bank, marketplace, bookkeeping tool, or business export gives you a QFX file, but the tool you actually work in needs Tally XML.
- Move transactions from Banks that offer a 'Quicken (.qfx)' download for Web Connect into Tally ERP 9 and Tally Prime.
- 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 QFX file and the exact Tally XML this tool produces from it.
Input · .qfx
<?xml version="1.0"?>
<?OFX OFXHEADER="200" VERSION="211" SECURITY="NONE" OLDFILEUID="NONE" NEWFILEUID="NONE"?>
<OFX><BANKMSGSRSV1><STMTTRNRS><STMTRS><CURDEF>USD</CURDEF>
<BANKACCTFROM><ACCTID>000111114821</ACCTID><ACCTTYPE>CHECKING</ACCTTYPE></BANKACCTFROM>
<BANKTRANLIST><DTSTART>20260601</DTSTART><DTEND>20260630</DTEND>
<STMTTRN><TRNTYPE>CREDIT</TRNTYPE><DTPOSTED>20260602</DTPOSTED><TRNAMT>4200.00</TRNAMT><FITID>1</FITID><NAME>Direct Deposit ACME Payroll</NAME></STMTTRN>
<STMTTRN><TRNTYPE>DEBIT</TRNTYPE><DTPOSTED>20260604</DTPOSTED><TRNAMT>-86.43</TRNAMT><FITID>2</FITID><NAME>Whole Foods Market</NAME></STMTTRN>
</BANKTRANLIST></STMTRS></STMTTRNRS></BANKMSGSRSV1></OFX>Output · .xml
<?xml version="1.0" encoding="UTF-8"?>
<ENVELOPE><HEADER><TALLYREQUEST>Import Data</TALLYREQUEST></HEADER><BODY><IMPORTDATA><REQUESTDESC><REPORTNAME>Vouchers</REPORTNAME><STATICVARIABLES><SVCURRENTCOMPANY></SVCURRENTCOMPANY></STATICVARIABLES></REQUESTDESC><REQUESTDATA><TALLYMESSAGE xmlns:UDF="TallyUDF"><VOUCHER VCHTYPE="Receipt" ACTION="Create" OBJVIEW="Accounting Voucher View"><DATE>20260602</DATE><NARRATION>Direct Deposit ACME Payroll</NARRATION><VOUCHERTYPENAME>Receipt</VOUCHERTYPENAME><ALLLEDGERENTRIES.LIST><LEDGERNAME>Bank Account</LEDGERNAME><ISDEEMEDPOSITIVE>Yes</ISDEEMEDPOSITIVE><AMOUNT>-4200.00</AMOUNT></ALLLEDGERENTRIES.LIST><ALLLEDGERENTRIES.LIST><LEDGERNAME>Suspense</LEDGERNAME><ISDEEMEDPOSITIVE>No</ISDEEMEDPOSITIVE><AMOUNT>4200.00</AMOUNT></ALLLEDGERENTRIES.LIST></VOUCHER></TALLYMESSAGE><TALLYMESSAGE xmlns:UDF="TallyUDF"><VOUCHER VCHTYPE="Payment" ACTION="Create" OBJVIEW="Accounting Voucher View"><DATE>20260604</DATE><NARRATION>Whole Foods Market</NARRATION><VOUCHERTYPENAME>Payment</VOUCHERTYPENAME><ALLLEDGERENTRIES.LIST><LEDGERNAME>Bank Account</LEDGERNAME><ISDEEMEDPOSITIVE>No</ISDEEMEDPOSITIVE><AMOUNT>86.43</AMOUNT></ALLLEDGERENTRIES.LIST><ALLLEDGERENTRIES.LIST><LEDGERNAME>Suspense</LEDGERNAME><ISDEEMEDPOSITIVE>Yes</ISDEEMEDPOSITIVE><AMOUNT>-86.43</AMOUNT></ALLLEDGERENTRIES.LIST></VOUCHER></TALLYMESSAGE></REQUESTDATA></IMPORTDATA></BODY></ENVELOPE>What ends up in your Tally XML file
| Tally XML field | Comes from |
|---|---|
| VOUCHER type | Receipt (money in) or Payment (money out) |
| DATE | Transaction date (YYYYMMDD) |
| NARRATION | Description |
| Bank ledger AMOUNT | Signed amount in Tally's sign convention |
| Suspense ledger AMOUNT | Offsetting entry so each voucher balances |
About QFX and Tally XML
QFX (.qfx)
QFX is Intuit's Quicken-flavored version of OFX. It is structurally an OFX file with extra Quicken branding tags, used specifically to import transactions into Quicken.
- Exported by:
- Banks that offer a 'Quicken (.qfx)' download for Web Connect.
- Read by:
- Quicken (Windows and Mac).
Tally XML (.xml)
Tally XML is the voucher-import format used by Tally accounting software. Each transaction becomes a double-entry voucher (a Receipt or Payment) that posts to a bank ledger and an offsetting ledger.
- Created by:
- Generated for import; Tally itself can also export XML.
- Imports into:
- Tally ERP 9 and Tally Prime.
Tips
- Each transaction imports as a Receipt or Payment voucher against a Bank and a Suspense ledger — re-map the Suspense ledger in Tally to categorize.
- Files up to 8 MB are supported. Very large files may be summarized before AI conversion.
Frequently asked questions
Is the QFX to Tally XML converter free?
Yes — it's completely free, with no sign-up required.
What is a QFX file?
QFX is Intuit's Quicken-flavored OFX file, used to import transactions straight into Quicken.
What can I do with the Tally XML file?
Tally XML is the voucher-import format used by Tally accounting software to bulk-create accounting entries.
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.
Other QFX conversions
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