Microsoft KB Archive/151532

Money: How to Convert Files & Accounts to Money 3.0

PSS ID Number: Q151532 Article last modified on 08-18-1998

WINDOWS:3.0,3.0a,4.0,4.0a,5.0,98,99

WINDOWS

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The information in this article applies to:

 Microsoft Money 99 Microsoft Money 98 Microsoft Money versions 4.0, 4.0a, 5.0 for Windows 95 == Microsoft Money versions 3.0, 3.0a == 

= SUMMARY =

This article describes how to convert later versions of Money for use in Money 3.0. If a Money file is not converted before trying to open the file in Money 3.0, Money 3.0 displays the following error message:

C:.mny is corrupted or is not a Microsoft Money data file.

Money 3.0 is unable to open data files created with later version of Money. This article describes how to convert Money files for use in Money 3.0.

= MORE INFORMATION =

The core of the conversion procedure is to export each of the accounts to separate .QIF files from the file for the later version of Money; then import all the exported files into a new Money 3.0 file.

Important
If Online Bill Payment services are active and there are Automatic Payments established with these Online Services, the transactions need to be cancelled before starting the file conversion process. Also if there are any pending instructions to send to Online Services, they need to be sent before proceeding.

For additional information, please see the following article in the Microsoft Knowledge Base:

ARTICLE-ID: Q142768 TITLE : Money 5.0: How to Cancel Apays, Epays, and Send Bank Letter

Net Worth Report
It is recommended, but not required, that the accounts should be reconciled and that a Net Worth report printed before starting the conversion process. A Net Worth report printed from Money for Windows 95 before conversion can be compared with a Net Worth report from Money 3.0 after the conversion process to validate the accuracy of the account balances.

For information on how to accomplish these tasks, refer to Money Online Help. For additional information, please see the following article in the Microsoft Knowledge Base:

ARTICLE-ID: Q76422 TITLE : Balancing/Reconciling a Money Account

How to Import Accounts
To import accounts to Money 3.0, follow these steps:

  On the File menu, click New to create a new .mny file.   Enter a file name, and then click OK. </li>  Select the type of categories you want, and click OK. </li>  Click the type of account to create and enter a name for the first account. Click OK. Enter zero for the opening balance. </li>  On the Lists menu, click Account List. </li>  Create an account for each exported account. Enter zero for all opening account balances as these accounts are created. </li>  On the File menu, click Import and then click the Select All button. Click the Import button. NOTE: It is important to import all exported .qif files at the same time so that all account transactions import properly. Unwanted accounts can be deleted later. </li>  In the Select Import dialog box, match the specified .qif file with the appropriate account. Click OK. NOTE: Read each Import dialog box carefully! These dialog boxes explain what information is being imported, and what account it will be assigned to in Money 3.0. </li>  Continue to associate the appropriate import files with the appropriate accounts. </li></ol>

For additional information, please see the following article in the Microsoft Knowledge Base:

ARTICLE-ID: Q178830 TITLE : Money: How to Export and Import Account Information

After Import Is Complete
Verify account balances are correct in the newly created file by comparing Net Worth statements from before and after the conversion.

All Online Services must be re-established or activated, including the file for Online Service, and the account(s) re-enabled for the service(s) utilized.

To activate or set up the account for Online Services again, follow these steps:

<ol style="list-style-type: decimal;">  On the List menu, click Account list. </li>  Select the account in the Account List and click Money On-Line Services. </li>  Make sure the Pay On-Line and/or Bank On-Line boxes are selected. </li>  If re-enable Bank On-Line, follow these steps: <ol style="list-style-type: lower-alpha;">  Verify that the Account Description is correct. </li>  Select the appropriate Financial Institution. If your financial Institution is not listed, click Other. </li>  Type the routing number in the Bank Routing Number box at the bottom of the dialog box. </li></ol> </li>  Click OK. </li>  Repeat steps 2-4 for each account re-enabled for Online Services. </li></ol>

For additional information, please consult the printed documentation and Online Help.

Request and Download Epayee.lst
Microsoft Money 3.0 maintains a file of electronic payees on your local hard disk. After converting the Money for Windows 95 file to Money 3.0, this file may not be in the Money 3.0 folder. To create a new electronic payee file, send a letter through Microsoft Money to Online Services requesting them to send the Epayee.lst file. This file will be downloaded to the computer the next time you connect with Online Services.

For additional information, please see the following articles in the Microsoft Knowledge Base:

ARTICLE-ID: Q142769 TITLE : Money 3.0: How to Cancel Apays, Epays, and Send Bank Letter

ARTICLE-ID: Q117334 TITLE : Money: Add On-Line Payees Button Is Not Available

= Additional query words: w_money 97 6.0 7.0 dolly =

Keywords : kbdta kbconversion kbonline Version : WINDOWS:3.0,3.0a,4.0,4.0a,5.0,98,99 Platform : WINDOWS Issue type : kbhowto ============================================================================= Copyright Microsoft Corporation 1998.