Open QFX File

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Convert CSV to QFX

Before going fully into the subject of this article, such as the conversion from CSV to QFX, first we are going to review the concepts, similarities and differences between each format.

It should be noted that Quicken does not allow direct conversion from CSV to QFX for licensing reasons.


A CSV (Comma Separated Values) file is a text file that has a specific format that allows data to be saved in a structured table format.

Columns are defined by each semicolon (;), while each row is defined by an additional line in the text.

In this way, CSV files can be created with great ease.

A CSV file is usually identified with the Excel and/or Calc program, which is based on grids that make up a table in rows and columns.

In fact, in the most recent versions of Excel and LibreOffice Calc, the CSV extension is registered to be opened directly from these programs.

The most common is to read CSV files from Excel and Calc, since the program automatically identifies the separators and forms the table without having to do anything on our part.

What is a CSV file for?

CSV files are used to handle a large amount of data in table format, without entailing any additional computational cost.


The QFX extension files are part of the Quicken financial software and basically save the financial data imported into the software.

Therefore these files are considered data files.

The QFX format is a closed architecture format, due to the nature of the data it handles.

The QFX format is Quicken's proprietary format, although it is similar to the open OFX format.

What is a QFX file for?

It includes account balances, transactions, discounts and more information that is recorded in a standardized format.

As mentioned above, to convert between a CSV file and a QFX file, you must have licensed software developed by Powersoft called Transactions. This particular software allows the conversion of several formats to the QFX format.