/ Converters

QBO to OFX converter

Convert a QuickBooks Web Connect file (.qbo) to an OFX file in your browser: every transaction, with its date, payee, memo and amount. Your file never leaves your computer. 2 free a day, no sign-up.

No file to hand?

  • Runs in your browser
  • 2 free a day, no sign-up
  • QBO in, OFX out

01 / Why convert

OFX is the open form of the same format, for Xero, Sage, MYOB and GnuCash. The bank’s transaction IDs stay as they were.

02 / What carries over

From QBO to OFX, field by field.

What the QBO file can hold, and where it goes in the OFX file.

In the QBO fileIn the OFX file
DateKept
Amount (money in and out)Kept
Payee or descriptionPayee (32 characters), full text in the memo
Memo (extra text)Kept
Check or reference numberKept
Bank’s transaction ID (FITID)Kept
Running balanceNot in a QBO file
Account numberKept
CurrencyKept
Credit card (not a bank account)Kept

03 / Importing it

Importing the OFX file.

Xero

  1. Open the bank account, then Manage account, then Import a statement, and pick the .ofx file.

Sage, MYOB, GnuCash, Moneydance

  1. Look for Import statement, Import bank file or File, then Import, then OFX/QFX.

04 / The QBO file

Getting a QuickBooks Web Connect file (.qbo).

Intuit’s bank download for QuickBooks: an OFX file with Intuit’s bank id added. It carries each transaction’s date, amount, payee, memo, check number and the bank’s own transaction ID.

  • Online banking: Transactions, then Download, then “QuickBooks Web Connect (.qbo)”.

Have a bank statement PDF instead? The bank statement converter reads it in your browser too.

05 / Good to know

The details that matter.

  • A QBO file with several accounts (checking and savings in one download, say) lets you choose the account.
  • OFX 1.x and 2.x are both read, along with the bank’s corrections to earlier transactions.
  • Payee names are cut to 32 characters, the OFX limit QuickBooks enforces; the full text goes in the memo. Text is written as plain ASCII, which older importers need.

06 / Questions

Straight answers.

Is this QBO to OFX converter free?

Yes, for 2 files a day with no account. A free account (just your email, no password) gives you 2 more, and paid plans have no daily limit. It runs in your browser, and nothing is stored.

Is my QBO file uploaded anywhere?

No. The file is read and the OFX file is written by code running in this browser tab. Neither is sent to a server. You can check: open your browser’s developer tools, go to the Network tab, and convert a file.

My QBO file has several accounts. Which one is converted?

The first, until you choose another: when a file holds more than one account (checking and savings, say), the panel lists them all.

Does it work for credit cards?

Yes. A card account in the QBO file stays a card account. You can also set the account type to Credit card in the panel, and the OFX file is written as a card statement.

07 / More converters

Other files, same idea.

All of them run in your browser. For PDFs, start at the bank statement converter; every converter is on the converters page.

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bank statements.

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