Canadian Accounts


J

JACL

I have US and Canadian accounts, and my Canadian Bank is a 'Participant
Institution' .. but when I download an OFX file Q2007 says 'Financial
Institution cannot be established' and stops with an error code.
When I compare this file with another file which works, I see the parameter
FI (Financial Institution) is missing but all the other info is the same.
Q2007 does not show the Canadian Bank on their Participant list and
therefore will not let me set up Online services.
Anybody know anything about this?

JACL
 
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F

Fred Smith

What bank do you use? Are you using Online Banking Booster or One Step Update?
 
J

John Smith

The bank is TD Canada Trust, I've tried TD Waterhouse which is listed but it
doesn't work.

I do the download from the bank's website which creates a QFX (web connect)
now called OFX file, which can be 'imported' into quicken but unlike QIF
cannot be pointed to an account.

JACL
 
F

Fred Smith

TD Canada Trust definitely works with Web Connect, because I've done it before.
I also had no trouble linking the download to my account. However, I've not used
Q2007. I use 2005.

So, it's either a bug in 2007, or there's something wrong with your setup.

Sorry I can't help you any further.
 
J

John Pollard

Fred said:
TD Canada Trust definitely works with Web Connect,
because I've done it before. I also had no trouble
linking the download to my account. However, I've not
used Q2007. I use 2005.
So, it's either a bug in 2007, or there's something wrong
with your setup.
Sorry I can't help you any further.
I thought that Quicken would only download from fi's for the
same country as the Quicken version. If true, and the op has
the US version of Quicken, is there any expectation of
downloading from a Canadian fi?

As potentially corroborating evidence, the op says the fi is not
in the Q2007 Participating Financial Institutions List ... which
is almost certain to mean that no download is possible.

Have I forgotten something?
 
F

Fred Smith

Good point, John. I just assumed he was using Canadian Quicken. Canadian Quicken
supports downloads from US$ bank accounts, as long as they're at a Canadian
bank.

But if he's using US Quicken, that's the problem.
 
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J

JACL

John & Fred

I'm JACL the John Smith in the thread, it must have been a default name in
the account setup.

Yes, I am using Q2007 Deluxe since we were forced by Intuit to buy it or
lose online services.

I read about OLBB (booster) on the Canadian Quicken site and from what I can
see it is not in any of the US versions .. I do remember that earlier
versions had Canadian content in fact my first DOS version in the early 90,s
was given to me by a Canadian friend.

Q2007 does not support QIF for checking anymore so I have to create a QIF,
import into my house or car account, then 'cut' the transactions & paste
them into the checking a/c .. as for TD Canada trust it creates an OFX with
no FI so it's useless.

I have many issues with Intuit even to the point of looking at MS Money, but
reading the forum posts it's even worse than Quicken.

JACL
 
R

Ronald Hands

JACL said:
Yes, I am using Q2007 Deluxe since we were forced by Intuit to buy it or
lose online services.

I read about OLBB (booster) on the Canadian Quicken site and from what I can
see it is not in any of the US versions .
If it's any consolation, I use the Canadian version of Quicken
2005 and did successfully download transactions from my TD/Canada
Trust account, but I found it too confusing when I came to
reconcile the account.

With all those transactions already entered and marked, I lost
track of where I was in relation to the items in my bank book.
(I confuse easily.)

I cancelled the online service and have reverted, happily, to
doing it manually.

-- Ron
 
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J

JACL

In reply to Ron,

Yes, I absolutely agree, Quicken as I have dubbed Slowen over the years,
about 15 in my case, has got steadily worse .. things that were easy are now
so complex it's not worth the effort.

I recently set up some online payments as 'scheduled' and must have
innnocently checked 'recurring payment' .. HELL followed where I had
payments generated 2 months out for the same amount. I went to each bank
site and cancelled the 'pending payments' and spent another hour getting rid
of everything in Quicken (not easy).

I'm not sure who Quicken is intended for but I have found that most 'simple'
things I want to do are incredibly complex.

JACL
 

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