/ Converters

Tally XML to QFX converter

Convert a Tally XML file to a Quicken Web Connect file (.qfx) 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
  • Tally XML in, QFX out

01 / Why convert

A Tally bank ledger’s vouchers as a Quicken Web Connect file.

02 / What carries over

From Tally XML to QFX, field by field.

What the Tally XML file can hold, and where it goes in the QFX file.

In the Tally XML fileIn the QFX 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)Not in a Tally XML file
Running balanceNot in a Tally XML file
Account numberNot in a Tally XML file
CategoryQFX has no place for it
Credit card (not a bank account)Not in a Tally XML file

03 / Importing it

Importing the QFX file.

Quicken for Windows

  1. File, then File Import, then Web Connect (.QFX) File.
  2. Link it to your existing account when Quicken asks.

Quicken for Mac

  1. File, then Import, then Bank or Brokerage File, and pick the .qfx file.

QuickBooks Online

  1. It takes .qfx files too: Link account, then Upload from file.

04 / The Tally XML file

Getting a Tally XML file.

TallyPrime’s and Tally.ERP 9’s exchange format. Each voucher has ledger lines that balance: a debit is written as a negative amount.

  • TallyPrime: open the Day Book (or the bank ledger’s vouchers), press Alt+E (Export), set Format to XML (Data Interchange), then Export.

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

05 / Good to know

The details that matter.

  • Export from TallyPrime as XML (Data Interchange). You pick the ledger: bank ledgers come first. Cancelled and optional vouchers are left out, and Tally’s UTF-16 files are read as they are.
  • Converting the same file again gives the same transaction IDs, so QuickBooks and Quicken skip what they already have.
  • Quicken may label the account “Wells Fargo”. Web Connect files need a bank id from Intuit’s list, and this is the one most converters use; the transactions are yours.
  • 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 Tally XML to QFX 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 Tally XML file uploaded anywhere?

No. The file is read and the QFX 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.

Will Quicken import the same transactions twice?

No, as long as you import the same transactions: every transaction has an ID (FITID), and Quicken skips IDs it already has. Converting the same file again gives the same IDs.

Which ledger becomes the account?

The bank ledger: ledgers with bank details come first, then any ledger on the bank or cash side of payments and receipts. You can pick another in the panel.

Does it work for credit cards?

Yes. You can also set the account type to Credit card in the panel, and the QFX 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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