Ubuntu for Small Business

[Derek Broughton]

Paul M Edwards wrote:

> OFX is the Open Financial Exchange format.
> http://www.ofx.net/
> 
> It seems popular in European banking institutions.
> 
> I find it rather strange that their community discussion group is open
> only to members of the consortium and that it's hosted on MSN.
> 
> 
> On 9/10/05, David <david at kenpro.com.au> wrote:
>> 
>> QFX? is that quicken?

I didn't write QFX.  However, quicken's QFX format is simply an OFX XML
file.  It is popular not only in Europe.  It's the way transactions are
downloaded at all the Canadian banks, afaik.  I thought it was common in
the US, too.

Hosting it on MSN was probably just Microsoft's buy-in - they're late-comers
to OFX.

Regardless of the openness of the community, and whether the FSF would
consider it free, it _is_ the standard for financial exchange, it is free
to use, and I don't understand why Linux financial apps won't deal with it. 
Until they do, they're just not playing the same game.
-- 
derek