How can I Transfer QuickBooks Desktop File to QuickBooks Online?
QuickBooks Desktop and QuickBooks Online are distinct QuickBooks 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 transfer the QuickBooks desktop files to QuickBooks online, this article will definitely help you.
Why should I choose QuickBooks Online?
QuickBooks Online offers several advantages over the Desktop version, including:
- Automatic transaction scheduling and processing
- Easy attachment of documents and images to transactions
- Tracking by location and multiple location labels
- Automatic bank transaction downloads
- Automatic updating of new banking rules
- Seamless reporting and time tracking
- Journal entries with multiple accounts receivable/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 your QuickBooks 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 customer names and contact numbers
- Completing pending tasks and reconciling data
- Creating a backup of your QuickBooks Desktop file
Process 3: Creation of a QuickBooks Online Account
Sign up for a QuickBooks Online account by providing your name, email, contact number, and password.
Process 4: Go to QuickBooks Desktop
Log in to your QuickBooks Desktop account to initiate the conversion process.
Process 5: Exporting the Company File to QuickBooks Online
In QuickBooks Desktop, go to the Company menu and select "Export Company File to QuickBooks Online."
Process 6: Signing in to QuickBooks Online Account
Log in to your QuickBooks Online account using your user ID and password.
Process 7: Opting for the Inventory Import Option
Decide whether you want to import inventory into QuickBooks Online. Select "yes" to import inventory based on the FIFO method or "no" if you're unsure and want to import it later from an Excel spreadsheet.
Process 8: Copy Data Files
Select the appropriate QuickBooks Online company to import your data. The data copying process may take up to 30 minutes or longer for larger files. Once completed, choose the "Complete your Setup" option to review your data in QuickBooks Online.
You may also read: How to Troubleshoot the QuickBooks Error 15225?
We hope that this brief blog helped you in moving QuickBooks Desktop files to QuickBooks Online. For more help, just contact us on the helpline 1 800 761 1787.