Convert QFX to QDT

Understanding QFX and QDT file formats

QFX (Quicken Financial Exchange) is a proprietary file format developed by Intuit for importing financial data into Quicken software. It is commonly used by banks and financial institutions to provide transaction data downloads for their customers. QFX files contain information such as account balances, transactions, and other financial details.

QDT is a file format used by older versions of Quicken to store financial data, including account information, transactions, and categories. QDT files are typically associated with Quicken Data files from the 1990s and early 2000s, and are not directly compatible with modern Quicken versions.

Why convert QFX to QDT?

Converting a QFX file to a QDT file may be necessary if you need to import recent financial transactions into an older version of Quicken that only supports the QDT format. This can be useful for users maintaining legacy financial records or working with historical data.

How to convert QFX to QDT

There is no direct, one-step converter from QFX to QDT due to the proprietary nature and age of the QDT format. However, you can achieve the conversion by following these steps:

1. Open your QFX file in a compatible version of Quicken that supports QFX import (usually Quicken 2004 or later).
2. Import the QFX file using File → Import → Web Connect (.QFX) File.
3. Once the data is imported, use Quicken's export feature to save your data in the QDT format, if your version supports it. This is typically done via File → Export → QIF File (since direct QDT export is rare, QIF is the closest alternative for older Quicken versions).
4. If you need a true QDT file, you may need to use an older version of Quicken that can import QIF files and then save the data as a QDT file.

Best software for QFX to QDT conversion

The most reliable method is to use Quicken itself, as it is the only software that fully supports both QFX and QDT formats. If you do not have access to the required Quicken versions, consider using a virtual machine or emulator to run legacy Quicken software.

For advanced users, MoneyThumb's 2QFX and QIF2QFX converters can help convert between various financial formats, but you will still need Quicken to finalize the QDT file.

Summary

While there is no direct QFX to QDT converter, you can use Quicken to import QFX files and export data in a format compatible with older Quicken versions. Always ensure you have backups before performing any conversions.