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.

QIF to QBO Converter

Drop in a QIF 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.

.qif.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 QIF to QBO

1
Upload your QIF file
Drag and drop your .qif 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 QIF 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 QIF to QBO?

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

Move transactions from Older Quicken versions, GnuCash, and many personal-finance apps 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 QIF file and the exact QBO this tool produces from it.

Input · .qif

!Type:Bank
D06/02/2026
T4200.00
PDirect Deposit ACME Payroll
^
D06/04/2026
T-86.43
PWhole Foods Market
^

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>20260604120000<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>20260604<STMTTRN><TRNTYPE>CREDIT<DTPOSTED>20260602<TRNAMT>4200.00<FITID>202606020<NAME>Direct Deposit ACME Payroll<MEMO>Direct Deposit ACME Payroll</STMTTRN><STMTTRN><TRNTYPE>DEBIT<DTPOSTED>20260604<TRNAMT>-86.43<FITID>202606041<NAME>Whole Foods Market<MEMO>Whole Foods Market</STMTTRN></BANKTRANLIST><LEDGERBAL><BALAMT>0.00<DTASOF>20260604</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 QIF and QBO

QIF (.qif)

QIF (Quicken Interchange Format) is a long-standing plain-text format. Each transaction is a block of single-letter lines (D for date, T for amount, P for payee) ended by a caret. It predates OFX and is still widely supported.

Exported by:: Older Quicken versions, GnuCash, and many personal-finance apps.
Read by:: GnuCash, older Quicken, MoneyDance, Banktivity, and most money managers.

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 QIF to QBO converter free?

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

What is a QIF file?

QIF (Quicken Interchange Format) is a long-standing plain-text format used by older Quicken versions, GnuCash, and many personal-finance apps.

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 QIF conversions

QIF to CSV QIF to Excel QIF to OFX QIF to QFX QIF to PDF QIF to Tally XML

Convert other files to QBO

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