I've just been exchanging email with my bank and on a commercial acct I have with them I cannot get Quicken to download transactions BUT: they say it'd all work just fine if I switched to Quickbooks. Does Quickbooks support some fancier types of transaction downloads than Quicken does?
/Bernie\
I don't know if you would call it "fancier". Q and QB have different database format so their downloading formats are different. Many banks have droped the download to Quickbooks because it costs more to maintain it. Those that do support QB downloads also tend to charge their customers a fee for the privledge of downloading into QB.
As for your bank what download options does their website say? Direct connect is nice and convenient but web connect works too. I have a credit card that only offers Web connect downloads into Q. However, after downloading and manually importing the file Q mysteriously enabled direct connect for that credit card. I think the correct term is web direct connect. In any case, it works for me despite what the cc company says.
FYI: It's "Express Web Connect".
Express Web Connect allows you to use One Step Update to download from Web Connect accounts that normally require you to manually logon to the account and initiate the download from there.
Express Web Connect uses "screen scraping" to attempt to duplicate what you would do when you manually logged on to your financial institution's web site. EWC (being a computer program trying to pretend to be a human being) is extremely sensitive to such simple changes as your financial institution instituting a new popup to tell you about their latest hot offer for new low interest rates ... etc.
When EWC works; it's a very big step up over plain Web Connect. When it doesn't work, for some reason, it strikes people as a terrible thing ... despite the fact that, when it doesn't work, it's the same as what the user had before EWC was even a twinkle in some developer's eye ... and it's failure is nearly always the "fault" of the financial institution.
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