Download the QIF file from online banking and save it
Download a QIF (Quicken Interchange Format) file containing the bank transactions you want to import into the matching bank account in Xero. If you have multiple bank accounts, download a file for each account separately.
You'll need to split up the file if it contains more than 1,000 bank transactions.
Save each month's file with .qif as the file extension. For example, you might name your file Jan13bankstatement.qif.
Import your file into Xero
- Go to Accounts, then Bank Accounts.
- Find the bank account you want to import your file into. Click Manage Account, then clickImport a Statement.
- Click Browse and select your saved QIF file.
- Click Import.
- Choose the date format, if prompted to.
- Click Save.
Choose the date format
If your file contains dates that could be either DD/MM/YY, MM/DD/YY or YY/MM/DD Xero prompts you to confirm the format.
Use the Date Format field to select the correct format. Use Next > to view the next statement line, changing the date format if you need to. Then click Save.