When data is exported, the data is copied from a source to be used in personal finance or accounting software. For example, data is exported when it is downloaded from a banking website or is saved in a special format (typically CSV, OFX, or QIF) from within financial software.
A typical data export might consist of new transactions to be imported into financial software to update accounts.
Financial accounts and other information can be moved between computers efficiently by exporting the data.
- Read 3 Easy Steps to Download Transactions to learn how to export transactions from online banking sites.