The reality is that you are going to run into this dilemma on a regular basis, with statements and other paperwork being inconsistent from month to month so that you have to figure out what is there.  Entering all that data is tedious, and not very rewarding.

The Best Financial File Converter for Professional QuickBooks Advisors

There is a solution. 2qbo Convert Pro+ from Money Thumb. PDF Statements downloaded from the bank or scanned paper statement can be converted and reconciled.  Spreadsheets are also no problem with 2qbo Convert Pro+.  In fact, 2qbo Convert+ actually lets you perform basic spreadsheet editing of transactions in the conversion process.

The converter has a reconcile feature that will try to reconcile the credits/debits found with the starting and ending balances printed on the bank statement.  Given that reconciliation is an important step, having it in the converter is a big deal. Below is a bit of description of the product from the Money Thumb website:

“2qbo Convert Pro+ is a streamlined collection of Money Thumb financial file converters created especially for the needs of professional QuickBooks advisors who need to convert import transactions from any type of bank statement into QuickBooks. Transform bank statement and financial files into the QBO format, convert data in and out of Excel or other spreadsheet programs for editing, convert multiple files in a single step, and even perform basic editing of transactions. 2qbo Convert Pro+ combines a lifetime 2qbo Convert Pro license with aone year PDF+ licenseso that you can now easily convert both scanned and text-based pdf documents from your bank, credit card or brokerage firm into .QBO files for import into QuickBooks Desktop or QuickBooks Online.”

2qbo Convert Pro+ can also handle large volumes of information. Whether you have a large number of transactions spread across an ordinary number of statements, or a large number of ordinary-sized statements, 2qbo converters can help you process these documents all the way from paper into QuickBooks. Leading features include advanced PinPoint OCR for paper conversions, standard handling of multi-page PDFs and batch processing for large jobs. Money Thumb believes so strongly in this product that you can take a test drive. 2Convert Trial versions will write up to 10 transactions.

If you are interested in purchasing 2qbo Convert Pro+, visit the product page here to buy now, or review the product screenshots of how it works, descriptions of all the features, and learn about Money Thumb’s PinPoint OCR scanning technology, which combines powerful optical character recognition with intelligent analytic capabilities that are integrated into the logic of the recognition engine itself. Whereas many OCR technologies require the user to globally review a document when confronted with unintelligible/problem characters, PinPoint OCR offers a set of capabilities to overcome this inefficiency.

The post The Best Financial File Converter for Professional QuickBooks Advisors appeared first on MoneyThumb.

Guide to Using The MoneyThumb Learning Center

Contained within our Learning Center is everything you need to know to make the most of your MoneyThumb tools. Below are highlights of the sections of the MoneyThumb Learning Center.

• Charts-Finance File Formats--These two charts show 1) which finance software platforms import and export which finance file formats and 2) the kinds of data (contents) that each finance file format can contain.
• PDF Statement Types--This section explains the four different PDF statement types and will help you decide which MoneyThumb financial file converter is best for the type of PDF you want to convert.
• Glossary of Personal Finance Exchange Formats--There are competing standards for file formats in the world of personal and small business finance software, including some that are deprecated but still widely used. Here’s some definitions to help you assess your financial file conversion needs.
• Financial File Converters 101-In this section you will learn how to use MoneyThumb tools to convert to Quicken, convert to QuickBooks, and Convert to Xero, Kashoo, Zoho, YNAB, AceMoney & Others.
• Compare our PDF Converters--This section breaks down our three most popular PDF converters with detailed explanations of what they can and can't do with pricing.
• Instruction Guides--These instruction guides for each MoneyThumb financial file converter explains in detail how to get started and use the tools to your greatest advantage.
• Proven Banks and Financial Institutions--The following banks supply historical transaction PDF Statements proven to work with our line of financial file converters. Many more banks than listed work with our converters – in fact, we haven’t met one that doesn’t.  However, if your bank or financial institution historical .pdf transaction data does not test convert or work with our software, please notify us immediately and we will work toward a solution!
• Frequently Asked Questions--This comprehensive section of FAQs should help answer any question you have about MoneyThumb and our suite of financial file converters.

That concludes our overview of the MoneyThumb Learning Center. However, if you have any questions that you can't find the answers to, or have a suggestion about how we can improve our instructions and highlights of our tools, do not hesitate to leave a comment or contact support@moneythumb.com.

The post Guide to Using The MoneyThumb Learning Center appeared first on MoneyThumb.

Test It Live

If you would like to see csv2qif Convert in action, please visit our Run Live Demo where you can test the product’s functionality with a small upload file.

PDFs & Historical Transaction Data

Quicken users have faced a challenge in importing bank, credit card or brokerage transactions that are 6 months or older. This is because a large number of financial institutions only supply historical transaction data in .pdf format, which Quicken does not natively import. Fortunately, MoneyThumb’s pdf2qfx Convert+ makes use of advanced algorithms to compare your .pdf file against those supplied by hundreds of financial institutions and ensures that your .pdf to .qfx file conversion process is smooth and easy.

Other Conversions to Quicken

Often you may have financial transaction supplied by a financial institution in .csv format or sitting on a spreadsheet that needs to get into Quicken. csv2qfx Convert will make that conversion with a single click. Your bank may not provide transactions data in QFX format for Quicken, but might supply other formats for Microsoft Money, GnuCash, Moneydance, iBank or AceMoney.  Use ofx2qfx Convert to get it into Quicken. Or your bank might only provide QuickBooks format.  Our qbo2qfx Convert will convert that.  Lastly, qif2qfx Convert can help get historical transactional data into the newest Quicken financial file format and integrated into your full financial view.

Those that prefer working with older versions of Quicken that can no longer import QFX files can use our line of into .qif converters. You may prefer using QIF files because they support categories, while QFX files do not. If you need to get your historical transaction data in Quicken .qif format, use pdf2qif Convert+ for a fast and accurate solution. If you have all of your data in Excel or other spreadsheet formats, and want it in Quicken, our csv2qif Convert does the job with ease. Quicken’s use of multiple file formats over the years has made it difficult for some to get all of their files into one place. These financial file converters allow users to see all of their financial data in one unified picture.

The post MoneyThumb’s Financial File Converters for Quicken appeared first on MoneyThumb.