Why convert OFX to QBO?
QuickBooks Desktop and QuickBooks Online use the QBO (QuickBooks Web Connect) format for manual bank statement imports. If your bank only exports standard OFX, converting to .qbo is the way to get transactions into QuickBooks without manual entry.
How to convert OFX to QBO
ProperSoft APP
Load the .ofx file, select QBO as the output format, and set the bank routing number if prompted. Import the resulting .qbo into QuickBooks via File > Utilities > Import > Web Connect Files.
About these formats
.OFX
Open Financial Exchange
An OFX (Open Financial Exchange) file contains bank statements or credit-card transactions downloaded from your online banking portal. To open it, import it into GnuCash (free), Quicken, or…
Open .OFX details →
.QBO
QuickBooks online bank statement file
A .QBO file is associated with QuickBooks online bank statement, a web file.
Open .QBO details →Quality & what to watch
- QuickBooks validates a bank routing identifier in the QBO file header; if it is missing or incorrect, the import is rejected.
- Transaction data (dates, amounts, payees) carries over intact; only the OFX header must be rewritten with Intuit-specific fields.
- OFX files contain account numbers and full transaction history - avoid uploading to unknown online converters.
Frequently asked questions
Can I just rename .ofx to .qbo?
No - QuickBooks validates a bank routing identifier in the file header, which a plain
.ofx file does not contain.Does ProperSoft cost money?
Yes - ProperSoft's converters are paid, though a trial is available to test with your file first.
Which QuickBooks products accept QBO files?
Both QuickBooks Desktop (File > Utilities > Import > Web Connect Files) and QuickBooks Online (Banking > Upload transactions) accept
.qbo imports.
