QuickBooks Online is quickly becoming the accounting solution of choice for small business owners. With the many benefits it offers including anywhere, anytime access and automatic data backups, it’s no surprise that many are converting to QuickBooks Online from their QuickBooks desktop version. This tutorial walks you through, step-by-step, how to convert your QuickBooks PC desktop file to QuickBooks Online in 3 simple steps.
*If you use QuickBooks for Mac, refer to this post.
Step 1: Verify Data
You will want to verify your data in your company file to make sure that there are no problems. To accomplish this: File -> Utilities -> Verify Data.
*If there are problems detected when you Verify Data, you will be instructed to Rebuild Data. Once the rebuild has completed, run another Verify Data to determine whether or not the problem was fixed. If the data problem still exists, contact QuickBooks support.
Step 2: Save Company File in QuickBooks Online Format
From within your QuickBooks desktop version, create a copy of your company file that is compatible with QuickBooks Online.
File -> Utilities -> Copy Company File for QuickBooks Online
Save the file to your desktop.
This will create a new QuickBooks Online compatible file with the file extension: OE.qbw.
Step 3: Import Your QuickBooks Desktop File into QuickBooks Online
Currently, you can only import your desktop file into QuickBooks Online using Internet Explorer 7, 8, or 9.
Company -> More -> Import QuickBooks Desktop Data
Select the file you want to import and then continue through the interview process until your file has successfully been imported. You should receive an email confirming when your file import is complete.
Click here to learn more about converting your QuickBooks desktop data to QuickBooks Online.
If you are interested in making the switch from desktop to QuickBooks Online, contact CrunchSum today. We have experience converting both QuickBooks for Mac and QuickBooks PC desktop company files to QuickBooks Online.