By the time Intuit’s transmission arrived, it would be too late - the Quicken application would already have smiled upon the OFX file and would be busy with the download. It would seem that Quicken would process the message just as if it came from Intuit.
#QFX FILE READER FOR MAC SOFTWARE#
Once authorized, it will stop watching for a ‘letter from home’, and it will proceed with the download.Īny conversation that goes on between the Quicken application and Intuit must follow standard OS X communications protocols and travel on the same internal hardware bus that is used by every software application that talks over a modem port So: When it does arrive, the application compares what it receives with its built-in rules to decide whether it is authorized to proceed with the download. Whenever the Quicken application transmits a ‘Request for Authorization to Permit’ (call it a RAP) to Intuit, it takes time for the message to travel to Inuit, more time for Intuit to process the message and formulate the response, and still more time for the responding message to travel back to the user’s computer and be gated into the application.ĭuring all that time, the application sits idle awaiting Intuit’s message. Most banks have upgraded to using QFX (WebConnect) because it helps prevent repeat transactions so you don’t have to be as careful about selecting the exact dates for import. QFX can work the same way, but it contains additional information about your account and bank.
In older versions of Quicken and other money management software, you’d simply download a. It should work on PalmOS, OS X, Windows, Linux, HPUX, anything. In fact that is the whole point of OFX–to have a platform independent way of representing financial data. This seems odd because the OFX, QFX and QIF file formats are completely independent of the operating system. Very few of the banks support “Quicken for Mac”. Most major banks are listed, so it should be no problem to download and import transactions. If you go to the Quicken site and look at their list of supported banks, it looks very good and reassuring. It isn’t that their product is bad, it is that they follow absurd business practices that will make your life miserable if you are using something other than Windows.
#QFX FILE READER FOR MAC PC#
I don’t know what it is like to use their PC product, but from an OS X standpoint Quicken is Evil.
#QFX FILE READER FOR MAC HOW TO#
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