QuickBooks Desktop and QuickBooks Online are distinctQuickBooks versions that offer a multitude of accounting features. While QuickBooks Desktop is generally employed in office setups, QuickBooks Online can be used for managing the financial data from anywhere using a reliable internet connection. If you are seeking the process to transferthe QuickBooks desktop files to QuickBooks online, this article willdefinitely help you.
Why should I choose QuickBooks Online
QuickBooks Online offers several advantages over the Desktopversion, including:
- Automatic transaction scheduling and processing
- Easy attachment of documents and images totransactions
- Tracking by location and multiple locationlabels
- Automatic bank transaction downloads
- Automatic updating of new banking rules
- Seamless reporting and time tracking
- Journal entries with multiple accountsreceivable/accounts payable lines
- More accurate and detailed management reports
Procedure for Migrating from QuickBooks Desktop to QuickBooks Online
Follow these step-by-step instructions to transfer yourQuickBooks Desktop file to QuickBooks Online:
Process 1: Inspect the File Size
Verify that your file size does not exceed 350,000 targets.To check the file size, open QuickBooks Desktop and press F2.
Process 2: Preparation of Data (in QuickBooks Desktop)
Ensure your data is ready for export by:
- Updating and cleaning up data, such as customernames and contact numbers
- Completing pending tasks and reconciling data
- Creating a backup of your QuickBooksDesktop file
Process 3: Creation of a QuickBooks Online Account
Sign up for a QuickBooks Online account by providing yourname, email, contact number, and password.
Process 4: Go to QuickBooks Desktop
Log in to your QuickBooks Desktop account to initiate theconversion process.
Process 5: Exporting the Company File to QuickBooks Online
In QuickBooks Desktop, go to the Company menu and select "Export Company File to QuickBooksOnline."
Process 6: Signing in to QuickBooks Online Account
Log in to your QuickBooks Online account using your user IDand password.
Process 7: Opting for the Inventory Import Option
Decide whether you want to import inventory into QuickBooksOnline. Select "yes" toimport inventory based on the FIFO method or "no" if you're unsure and want to import it later from anExcel spreadsheet.
Process 8: Copy Data Files
Select the appropriate QuickBooks Online company to importyour data. The data copying process may take up to 30 minutes or longer for
larger files. Once completed, choose the "Completeyour Setup" option to review your data in QuickBooks Online.
You may also read: How toTroubleshoot the QuickBooks Error 15225?
We hope that this brief blog helped you in moving QuickBooks Desktop files toQuickBooks Online. For more help, just contact us on the helpline 1 800 7611787.
