{
  "product": "QBO Maker",
  "url": "https://qbomaker.com",
  "terms": [
    {
      "term": "QBO file",
      "aka": ["QuickBooks Web Connect file", ".qbo"],
      "definition": "A file in OFX 1.0.2 SGML format containing an Intuit Bank ID (INTU.BID) that QuickBooks imports as if the transactions were downloaded directly from a bank. Used by QuickBooks Online and Desktop."
    },
    {
      "term": "QFX file",
      "aka": ["Quicken Web Connect file", ".qfx"],
      "definition": "The Quicken equivalent of a QBO file: OFX with Intuit tags (INTU.BID and often INTU.USERID), imported via Quicken's Web Connect import."
    },
    {
      "term": "OFX file",
      "aka": ["Open Financial Exchange", ".ofx"],
      "definition": "An open, vendor-neutral bank-statement format accepted by many accounting tools (Xero, GnuCash, MoneyMoney, Banktivity). Same transaction data as QBO/QFX but without Intuit-specific tags."
    },
    {
      "term": "FITID",
      "aka": ["Financial Institution Transaction ID"],
      "definition": "A unique identifier on each transaction that accounting software uses to detect duplicates. QBO Maker derives a stable FITID from each transaction's contents so re-importing the same statement does not create duplicates."
    },
    {
      "term": "Web Connect",
      "definition": "Intuit's method of importing a downloaded .QBO/.QFX file into QuickBooks/Quicken (as opposed to Direct Connect, a live bank connection)."
    },
    {
      "term": "INTU.BID",
      "definition": "Intuit Bank ID, a tag identifying the financial institution. Required in .QBO/.QFX files. QuickBooks Online is lenient about its value; QuickBooks Desktop is stricter."
    },
    {
      "term": "CSV",
      "definition": "Comma-separated values, the plain spreadsheet format most banks export. QuickBooks can import some CSVs directly but often rejects extra columns, split debit/credit fields, or non-US dates."
    },
    {
      "term": "Positive pay file",
      "definition": "A different bank format used to prevent check fraud (not what QBO Maker produces). For that, see the separate tool positivepaymaker.com."
    }
  ]
}