@BettyJaneB

Please learn from this input. You seem to be confusing Direct Connect (for desktop, this is a synchronized hot connection when you open Banking Center) and Web Connect (the import of the qbo banking file) and this .iif question, which bypassed Banking Downloads entirely and is Encoded data.

@PalmettoCommerce

It appears you have a couple of things here.

The Banking is using Account Names you don't have in your file, so it creates them as Bank. For example, the Demand Deposit seems like a lockbox or EFT Clearing account; that means this Is the Source account as Bank Type (the actual Transaction account), and the Unknown is the Checking account; I am doing my best to interpret what I see, of course. The PAYMENT as transaction type is a problem at your Bank; they used the wrong Coding for QB .iif. I have been hired by US Bank to help their programmers on this exact type of issue, so you would need to communicate to your Bank about this. Where they show "Payment" is probably your Check Entry = Your spending.

Does your bank not provide ".qbo" data? Using .iif is cumbersome and really old school.