Important Tips For Migrating Quickbooks: Guide

WizXpert is here with all new tips for Migrating QuickBooks, learn here the process and concept of migration. Simple companies have small QuickBooks online accounts because they can’t handle more complex structures but famous companies have big structures. When we started a new QuickBooks data file or moved to QuickBooks Online, we faced many problems related to file sizes, etc. Go through the article and learn more; for any assistance or help contact QuickBooks ProAdvisor toll-free: +1-855-525-4247

Firstly better to know this procedure, and how it works. How many difficulties arise when we migrate QuickBooks? Search for the best or proper solution and start the migration.

Moving from QuickBooks is Painful Or Not?

Different industries require different data structures and levels of complexity. QuickBooks Desktop is for companies that had 30 million dollars in revenue and had a lot of transitions, and it works just fine. Other software solutions for small companies but because of the complexity of how they did things, QuickBooks didn’t work. Movement is painful when we do it in companies, so u make a backup.

Every company work for had problems when it was in single-user mode when really it needed to be in multi-user mode. Planning and being aware of pitfalls


Many Companies use A/R(Accounts Receivable) and A/P(Accounts Payable) on a cash basis. QuickBooks will not let you record Transaction that contains

  1. Two A/R account
  2. Two A/P account
  3. One A/R account and one A/P account

A/R and A/P add a level of complexity involving matching vendors, sales codes, and linked transactions (Invoice/Payments and Bills Payments).

Monthly Trial Balances: Clean the exporting history and import entries in the target software for monthly trial balances.

Check Data Quality: Improve the data quality to better support the system, if data quality is bad is another drawback of the system. Data quality significantly influences efforts.

How to Convert Data from Other Software Applications to QuickBooks Online

If your customer doesn’t have their own financial software, you might also want to convert their data into QuickBooks Online.

QuickBooks conversion from Sage or Microsoft Small Business Bookkeeping or Office Accounting

It’s possible that you’ll inherit a customer whose data is kept in Sage, Microsoft Office Accounting, or Microsoft Small Business Accounting. It might be a good idea to import their papers into QuickBooks Online. Use the QuickBooks (Intuit) Conversion Tool to transfer the data in these situations. If you still use Microsoft Money, an earlier edition of Microsoft Office Accounting, you can still use the free conversion tool. Be careful to back up your data before you begin the conversion process, just like with QuickBooks Desktop.

Steps to Import MS Excel Files

Data from an Excel file can also be imported for customers, suppliers, charts of accounts, and inventory. Before importing and converting files, make a complete backup of your company’s or a client’s data to prevent losing important information. QuickBooks immediately opens an Excel spreadsheet where you can enter your company’s information when you import Excel files from your PC. To import products, follow these instructions:

  • Click the File menu.
  • Under Utilities, select Import.
  • Choose Excel Files.
  • Choose the data type you’re importing.
  • Fill out your information, save it, then close the document.
  • In QuickBooks, review the findings and see your stored files.
  • Once you’re finished, close the window.

When is the Best Time to Tackle Migrating Quickbooks?

Any business person, Accountant, QuickBooks advisor, and whoever changes their accounting system has to face the one fundamental question that is, Is this the best time of year to tackle migrating QuickBooks?

The end of the year is the best time for starting a new accounting program, but January 1st or December may not be the best time for this.

Selection, Education and cutover, and go-live are the major steps included in successful migration planning.

Find a slower time of the year and implement it towards the year-end.

Special GL Accounts Issues

Please find the following steps and verify :

  • Have you created the vendor reconciliation account (if not please create)
  • Have you created the special general ledger(G/L) account for the security deposit (if not please create)

These steps are useful for GL accounts. This may require you to import history into regular current assets and liability accounts, in the same way for example sales tax payable each transaction requires a sales tax vendor name.

Fastest Way To Import General Entries

Trial balance exporter is the easiest and fastest way to import Journal entries and history from QuickBooks support.

What Exactly are General Entries?

  • Some Journal entries are
  • The appropriated date
  • The amount and account to be debited
  • The amount and account to be credited
  • A short memo

Each monthly Journal entry needs a unique reference number and transaction date. In computer accounting systems, most of the business transactions are recorded automatically in the G/L.

Tools used for importing QuickBooks

Tools used for importing Quickbooks online are

These tools do have cost and the free option is an Excel file, some YouTube video also assists you in how to use tools and how to import QuickBooks online.

Moving from Old QBDT TO QBDT :

If we use old desktop data files as new desktop data files, it’s a benefit for us but it does not always work although we try it. Save employee records, payroll item codes, memorized transactions, and memorized reports, and set up user profile data and dashboards, it takes many hours to be saved, so we maintain these things first.

Follow the condensate data utility within QuickBooks, it helps to remove all transactions, when a transaction is removed so all the unnecessary names and accounts are deleted. One file takes over 15 hours.

Migrating QBDT To QBO:

In QuickBooks online editing the chart of account, customer, and vendor lists is awful.

Create a QuickBooks Online account and convert your QuickBooks desktop data.

Firstly import QuickBooks for Mac files, Quickbooks Pro, QuickBooks enterprises files after this connect to QuickBooks Online, sign in to your QuickBooks Online account, and then select the online company you want to import your data. The import process takes 24 hours and you receive a mail when importing is done.

Tips for Migration to QuickBooks Online

  • You can contact the experts by dialing the QuickBooks support number they help you to migrate your clients’ data. They are experts in this field and ready to help you migrate your client’s payroll, accounting, payments, and time-tracking data to QuickBooks online. You can get help from them in migrating any version of QuickBooks desktop to QuickBooks online.
  • Migrate Key desktop data confidently while processing your client’s data from QuickBooks Desktop to QuickBooks Online. There is also an option to select a partial data migration.
  • Get the clients who want to migrate their own data to give proper guidance and provide detailed information about it.
  • There is a facility in while migrating to QuickBooks online that your clients may effortlessly track their income and expenses which automatically imports bank and credit card transactions. You and your clients can save even more time as bank rules defined in Desktop now transfer to QuickBooks Online.
  • If you migrate to QuickBooks online then you can migrate with a larger company file which is more than the previous limit. Now the company file target limit is 750,000 the and previous is 350,000.
  • After conversion to QuickBooks online you have to view the old data by accessing the QuickBooks desktop which can help refer to the data of inventory and reports.

How do I add a debit And credit column to my reports in QuickBooks Online?

If your Target Software requires separate debit and credit columns this is easy with Excel.

First, create a new debit and credit column and assign a name according to the trial balance figure. Your Trial balance figure in column G and you need them broken out into columns E for debits and F for credits.

  • DEBIT COLUMN E: Add this formula and paste it down = IF(G2>0, G 2,”)
  • CREDIT COLUMN F: Add this formula and paste it down = IF(G2<0, G 2*-1,”)

Import Plan Recap To Migrating QuickBooks.

  • Verify the compatibility of the exporting chart of account and a new chart of account(COA)
  • Current assets and liability accounts are replaced with the system-created A/R and A/P accounts
  • Importing the ending trial balance as of the oldest year desired into the target software
  • Each subsequent year’s monthly journal entries are exported and imported as required
  • When you import the final month’s trial balance close out the temporary A/R and A/P accounts to clear accounts as of the last day
  • Following your new software instruction, enter open A/P bills and credits and A/R invoices and unapplied credits
  • For bank reconciliation purposes, adjust the bank accounts to the cleared bank balances as of the last day and enter outstanding checks and deposits in transit
  • Finally, compare financials from both systems to test, test, test!

For further assistance call your toll-free QuickBooks support [QuickBooks].

Importance Of charts Of Accounts With Editing

First made a better understanding of these words’ purpose, application, and responsibilities, these words play an important role in charts of accounts. The charts of accounts between the old and new systems are essential things. Your account must be a simple one-to-one relationship. If your account is one to more accounts it is a complex thing for you.

If you are already having QuickBooks, you can easily add, edit, or modify and manage your accounts. Change the account and name or type, remove the duplicate account, and merge the accounts. Before merging the accounts, it would be prudent to make a copy of your QuickBooks file.

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