Converting from MS Money 2006 standard

Posted by Laura on September 28, 2008, 6:44 pm

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I posted this over on the QuickBooks group but since this potentially
involves Quicken I am posting it here too....

I have a client who we would like to convert from MS Money to QuickBooks.
The data represents about 10-15 savings, checking and credit card accounts
of the clients personal finances.

One methodology proposed is to convert the file to Quicken and then convert
the Quicken file to Quickbooks.

Has anyone done this before that could share their experience with me?

The alternative methodology proposed is to run reports in Money to Excel and
use a third party tool to convert the excel file to an IIF file. I know that
IIF files have their own problems but I am wondering if this would have LESS
problems then converting the MS money file.

In either case, there is a lot of clean up that needs to happen before the
data can be brought into Quickbooks and I am thinking that it might be
easier to do the clean up in excel rather than in Money or Quicken.

Any thoughts or suggestions?
--
Laura