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The app should produce a QIF file that is human readable in a text editor and compatible for import into the GnuCash desktop program.
Actual behaviour
The app generates a QIF file that GnuCash desktop will not import and will not open properly in a text editor. None of the encodings the text editor lets me choose from, including UTF-8, UTF-16, and ISO-8859-15, render the file in a readable format. compressed archive with a .qif extension rather than .zip. The actual QIF file (multiple if you have transactions in different currencies) is not usable with GnuCash Desktop unless you extract it with an archive manager, which is not obvious and rather frustrating. Some text editors will successfully open the compressed QIF if there is only one actual QIF within (if there are only transactions in one currency), which adds to the confusion.