Here are the steps in converting from QuickBooks Desktop to QuickBooks Online.
Why QuickBooks Online?
Quickbooks online is the most widely used cloud accounting software in the world. It's also much more accessible as it can be accessed anytime and anywhere in the wold using the internet. Quickbooks Online is also cheaper compared to QuickBooks Desktop.
Steps in Converting to QuickBooks Online
1. Make sure that you are using the latest version of QuickBooks Pro or Premier. If you are using QB Pro or Premier 2012-2013, update your software.
2. Turn off your multi currency settings. Also, QuickBooks Enterprise cannot be migrated to QuickBooks Online.
3. Ensure that your files are saved in your computer and not in cloud storage like Google Drive, Dropbox or One Drive
4. Verify data, re-sort your lists and rebuild your company. You should also run reports, balance sheets, P&L Statements, trial balances before converting. This is so you can check your if your data is complete and correct after the conversion.
5. Log in your QuickBooks/Intuit Account.
6. In the menu, click Company and then select Export Company File to QuickBooks Online.
7. Sign in your Intuit ID to QuickBooks Online.
8. Choose the company you want to convert to QuickBooks Online and proceed.
9. Wait 10-15 mites for an email notification from Intuit that your account is ready.
10. Sign in your new QuickBooks ID and reconcile your Bank accounts and Credit Cards. These data are not carried over during migration.
11. Run reports, balance sheets, P&L Statements, trial balances and compare them with the ones you processed before converting to ensure that the data is complete and clean.
12. You can also enter your payroll data and other preferences like memorized reports and recurring transactions.
There you have it! Welcome to QuickBooks Online!
For more information in converting from QuickBooks Desktop to QuickBooks Online, contact us at www.dvphilippines.com or e-mail marketing@dvphilippines.com!
