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Posted by Laura on October 23, 2009, 10:08 pm
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> I've just been exchanging email with my bank and on a commercial acct I
> have with them I cannot get Quicken to download transactions BUT: they say
> it'd all work just fine if I switched to Quickbooks. Does Quickbooks
> support some fancier types of transaction downloads than Quicken does?
I don't know if you would call it "fancier". Q and QB have different
database format so their downloading formats are different. Many banks have
droped the download to Quickbooks because it costs more to maintain it.
Those that do support QB downloads also tend to charge their customers a fee
for the privledge of downloading into QB.
As for your bank what download options does their website say? Direct
connect is nice and convenient but web connect works too. I have a credit
card that only offers Web connect downloads into Q. However, after
downloading and manually importing the file Q mysteriously enabled direct
connect for that credit card. I think the correct term is web direct
connect. In any case, it works for me despite what the cc company says.
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