Definition: To import means to bring data from outside your financial software into the software. The information in the imported file is converted in the program receiving, or importing, the data so the user can see and use the imported data.
Imported data may be transactions downloaded from the Internet to financial software registers, or an entire account or data file can be imported from one software package to another. Account data and data files can also be exported and imported between the same software title and version on two computers.
Also Known As: Data Import, Import Data
Examples: I had to import my Micorsoft Money 2003 data into Microsoft Money 2005 to be able to compare my old budget to my new budget.