I installed Quicken 2008 Home & Business just wanted to upgrade my out-dated Microsoft® Money 2004, and the next step is to convert all data since I do not want to enter all data in Quicken again. I checked the Import… option from Quicken menu, but I could not find any import format for Microsoft Money.
After searching on Quicken support site, I found that I need an utility called Data Converter to do such job. The Data Converter converts your data from Microsoft® Money 2003 or later for use in Quicken for Windows version 2008, 2007, 2006, 2005, and 2004. It might also work with other versions of Money. If your version of Money can copy .XML files to your desktop, the Data Converter will likely convert your data.
To convert your data, you create 2 transaction reports in Microsoft Money: an Account transactions report for the standard transactions and an Investment transactions report for the investment transactions. You import the reports into Quicken and add some information that will help you take advantage of several Quicken features.
Here is the an excerpt of how-to: Continue reading ‘How to convert data from Microsoft® Money 2003 or later to Quicken 2004 to 2008′
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