How to use the Transactions app

This tutorial shows how to use the Transactions converter. 

Step by step instruction

The video outlines the conversion process in general and uses converting to the QBO format and importing into Quickbooks Desktop as a specific example to demonstrate the whole process. For other formats and accounting software examples, please see the tutorials on the support page. 

To download the Transactions app go to https://www.propersoft.net/ and click 'Products', then click 'Transactions'. 

Click the 'Download' button.  

Select Windows or macOS version to download.  

Once downloaded and installed, start the Transactions app, read the welcome message, that provides the main points about the conversion process.  

Select a file with transactions that you would like to convert. 

The first thing to do is to select the output format on the right sidebar. It could be QBO/QFX/OFX format, QIF format, IIF format, CSV format. The output format defines the transaction details. 

Review transactions before converting, make sure dates are correct, expenses are negative and payments to the account are positive.  

Set the output attributes: Account Name or Account ID, Account Type.  

And other applicable attributes. If you are converting for multiple accounts, make sure to adjust account properties to avoid importing into a previous account. Please check other tutorials for the specific output format, for more details, for each setting, for that specific format.  

Set the 'Open after save' checkbox if you would like the software installed on your computer to open the created file, for example, for the QBO files, if you have Quickbooks Desktop installed, it would be Quickbooks to open this QBO file. Click the 'Convert' button.  

And confirm the file name and the file location.  

To import created QBO file manually in Quickbooks, click 'File' - 'Utilities' - 'Import' - 'Web Connect Files'.  

Select created QBO file. 

Choose a new or existing account to import. If your account is not listed under an existing account, make sure, that Online services are disabled for this account.  

Review imported transactions under the Bank Feeds in Quickbooks.  

Match payees to Vendor records, assign expense/income accounts, and add transactions to the register. See a separate video going into details for QBO file import in Quickbooks.