I have the latest 2006 Quicken and an American Express account.
When I download the latest transactions they are in a .qfx format yet when I open the file it sees my Asset account, but not Expense accounts like AMEX.
I do not know now how to IMPORT the data and appreciate help.
I never had problems with the earlier file format, which Quicken now does not recognize, at least not for AMEX.