Question

Importing Bank Feeds

Forum|Forum|2 years ago
April 6, 2024
2 replies
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We currently use Quickbooks Desktop Pro 2021, and are seeing "warnings" that online banking will go away in May, unless we upgrade to the annual $1,200 fee Intuit wants to extract from us.

Does anyone know if we will be able to manually import bank feeds after May?

QuickBooks Desktop

S

SarahannC

Hello there, DRH204.

I can see how you want to manually import transactions from the QuickBooks Desktop (QBDT) bank feed after the discontinuation of QBDT Pro takes effect. However, uploading transactions will also be discontinued.

Upgrading ensures that your financial data remains protected against potential threats. You can keep using QuickBooks Desktop 2021. But you won't have access to payroll services, credit card processing services, and other services, including online banking and uploading transactions.

Thus, we recommend upgrading your QuickBooks to a newer or supported version. Here's how:

You'll get a message when you open QuickBooks. select Upgrade Now.
Then, select Let’s go. QuickBooks downloads, installs, and activates the new version for you. It updates your company file(s).
When the upgrade is done, select Open QuickBooks.

If you need further help upgrading your version of QuickBooks Desktop or moving to QuickBooks online, you can contact our Support Team using the contact details provided in this article: QuickBooks Desktop service discontinuation policy. You can find it under Upgrade QuickBooks Desktop Pro, Premier, or Enterprise section. The link also includes FAQs regarding the discontinuation of the QuickBooks Desktop service.

Visit again if you still have questions about QuickBooks Desktop. I'll be around to provide the information you need.

E

Edificare

Quickbooks recommends that you pay many multiples of what it used to cost to use their software.

BigRedConsulting

Intuit has been doing this for about 20 years, has been shutting off connected features and services when the version-year of QuickBooks is about three years old.

One solution for the bank feeds feature is to download OFX files from your bank or credit card provider and then convert them to IIF files and then import the IIF files (which Intuit doesn't shut off).

The files are in completely different format. Our OFX/QFX/QBO to IIF Converter, an Excel add-in, can convert them for you.

It handles all three 'flavors' of OFX files, and so it even works when your financial institution doesn't support QuickBooks special 'QBO' OFX file variant.