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Subject Author Date
Merrill Lynch Bill Pay & Quicken Steve Dell 07-19-2006
Posted by Steve Dell on July 19, 2006, 11:04 am
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 I am using 2004 Premier. I pay my bills online thru a Merrill Lynch bill
payment service. When I download those transactions, they come as *.qif
files.

Will Quicken 2006 and following version accept *.qif file format?

When I go to download the transactions, the bill paying interface asks what
version of the software I am using. The latest version that they are showing
is 1999 and after.

TIA

Steve



Posted by gklatv on July 19, 2006, 11:17 am
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 No, Q2006 will not input QIF file into Merrill Lynch account in Quicken
program. But you would be able to input that QIF file into dummy cash
account, copy the transactions and then paste them in the Merrill Lynch
account. However, you need to be very careful with that as duplicate
transactions can easily happen


Steve Dell wrote:
> I am using 2004 Premier. I pay my bills online thru a Merrill Lynch bill
> payment service. When I download those transactions, they come as *.qif
> files.
>
> Will Quicken 2006 and following version accept *.qif file format?
>
> When I go to download the transactions, the bill paying interface asks what
> version of the software I am using. The latest version that they are showing
> is 1999 and after.
>
> TIA
>
> Steve


Posted by John Pollard on July 19, 2006, 11:44 am
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> No, Q2006 will not input QIF file into Merrill Lynch account
> in Quicken
> program. But you would be able to input that QIF file into
> dummy cash
> account, copy the transactions and then paste them in the
> Merrill Lynch
> account. However, you need to be very careful with that as
> duplicate
> transactions can easily happen

I disagree with the first claim and have a clarification to the
second.

Q2006 *will* import qif files to any account type; I posted a
link to how this is done at least once in this group, and fairly
recently at that.

To successfully import qif file transactions into a cash (or
other non-investment account) then cut/paste them into another
account; both Quicken accounts must be non-investment accounts,
and the qif file transactions must be formatted using
non-investment account format rules.



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