Microsoft Money to QuickBooks: Convert Microsoft Money Files to QuickBooks Online and Desktop

No. QuickBooks cannot open an .mny file in any version, and it cannot read the QIF file Money exports either. QuickBooks Online and Desktop accept QBO (Web Connect), QFX, OFX and CSV for transaction imports. The practical route is Money to QIF to QBO, which is exactly what the converter above does with the QIF you export.

Older versions of QuickBooks Desktop shipped a Microsoft Money conversion utility, and you will still find articles describing it. Those tools were built for Money file versions from the 2000s and for QuickBooks releases Intuit no longer sells. If you are landing in QuickBooks Online, that path does not exist at all, and the QIF export is the only sanctioned way out of Money.

Open the Money file, choose File, then Export, then select Loose QIF, and click OK. Money prompts you for a file name and asks whether the account is a regular account or an investment account. Pick the account, save the .qif, and repeat for every account you need. Money exports one account per file, so there is no bulk option.

1. List your accounts first. Money gives you no progress indicator across accounts, so write them down and tick them off. Missing one is the most common mistake in this migration.
2. Choose Loose QIF unless something rejects it. Loose QIF keeps more of Money's field detail. Strict QIF strips it back for fussy importers.
3. Name each file after the account. ChaseChecking2009-2026.qif beats export1.qif when you are six files in.
4. Answer the account type prompt honestly. Investment registers export differently from banking registers, and mislabeling them scrambles the output.
5. Check the file size. A zero byte QIF means the export silently failed, which happens on damaged Money files.

Microsoft discontinued Money in 2009 and released Money Plus Sunset Deluxe as a free replacement that runs without any connection to Microsoft's servers. It is still downloadable and still opens .mny files on current Windows. What it cannot do is download transactions from a bank, sync anything, or receive updates, so it works as a reader and an exporter rather than as software you would run a business on.

That is the honest reason to migrate. Sunset Deluxe is a fifteen year old application with no security updates, holding financial history you may need to produce for a lender, an auditor, or a tax preparer. Getting the data into current software is the point, and QuickBooks is where most US small businesses end up because their accountant already works in it.

An .mny file is Microsoft Money's own database, holding every account, transaction, payee, category and budget in one proprietary container. Only Money reads it. No converter, including this one, can open an .mny directly, which is why every migration starts with running Money itself and exporting a QIF.

If the file is password protected and you have lost the password, Money will not open it and neither will anything else. That is a genuine dead end, and the honest answer is to rebuild the register from bank statements instead. Anyone selling you a direct .mny converter is describing something that does not exist.

You cannot open the .mny itself, but you can read the data once it has been exported. Install Money Plus Sunset Deluxe on any Windows machine, open the file, export each account to QIF, then convert the QIF to Excel or CSV to read it in a spreadsheet, or to QBO to load it into QuickBooks. The Sunset install is only there to run the export.

Running Sunset on Windows 11 works for most people, though the installer occasionally needs compatibility mode. A virtual machine or an old laptop is a reasonable fallback. Either way, spend the twenty minutes once, export everything, and keep the QIF files. Plain text exports outlive the software that made them.

Banking style registers convert cleanly to QBO, QFX, OFX, Excel and CSV. Investment registers are the harder case, because the QBO and OFX banking formats have no place to record share counts, lots or cost basis. For a brokerage account, export the QIF and convert it to Excel, where every field survives and you can hand it to whoever is rebuilding the basis.

QuickBooks is not an investment tracker anyway. Most people migrating from Money put their bank and credit card accounts into QuickBooks and keep the brokerage history as a spreadsheet archive. That split is the practical answer, not a limitation of the conversion.

Move the current and prior tax year into QuickBooks as live transactions, and keep everything older as Excel or CSV archives. Loading fifteen years of personal finance history into QuickBooks Online makes the register slow to work in and produces reports nobody will read. The archive covers the reason you kept the data in the first place.

The exception is a business with an open audit, an SBA loan under review, or unfiled returns. There, load whatever period is in question so it is queryable inside the accounting system, and archive the rest. Money's QIF export lets you set no date range on some builds, so trimming usually happens after conversion in the spreadsheet output.

It arrives exactly like a downloaded bank feed. In QuickBooks Online you go to Transactions, then Bank transactions, upload the .qbo, pick the account, and the rows land in the For Review tab with dates, amounts and payee descriptions intact. In QuickBooks Desktop you use File, then Utilities, then Import, then Web Connect Files.