1 This is a reprint from the help menu of the QuickBooks Online Edition. Page 1 of 10 If you are planning on switching from the desktop edition, this is an important document to read in its entirety. Visit Open the sample company, click help and search on the key term "convert" Converting is the only way to import data from another version of QuickBooks into QuickBooks Online. You can only convert your data as you are creating a new company. Which versions can I convert? Important: We strongly advise you to maintain your books in both QuickBooks desktop edition and QuickBooks Online until you have committed to using QuickBooks Online. Exporting data back to QuickBooks desktop edition has its limitations and may result in data loss. Read more. What's the difference between Lists Only and All Data? Lists Only - Converts all your data from lists (such as your Customer List, Vendor List, and Chart of Accounts), but it omits account balances and transactions. To see which lists are converted, click the links in the Lists column in the table below. After the convert is complete, you'll need to enter the omitted account balances. That way, you'll have an accurate starting point for your company data in QuickBooks Online. All Data - Converts all transactions and as much data as possible. However, read the remainder of this document for important differences in features and data between the two products. If your QuickBooks desktop edition file is larger than 80 MB, you can convert Lists Only. How QuickBooks desktop edition features and data are translated into QuickBooks Online: Legend Customers Vendors Employees Banking Lists All significant data is converted. Comparable feature exists. Most significant data is converted. Comparable feature exists. Data may not be converted. Comparable feature exists. Credit memos/refunds Invoices Sales receipts Receive payments Statements and charges Estimates Finance charges Bills and bill payments 1099s Inventory Pay sales tax Purchase orders Receive items Time tracking Payroll Credit card charges Journal entries Reconcile Transfer funds Write checks Make deposits Registers Accounts Classes Payment methods Customers & Jobs Items Employees Other names Vendors Invoice templates Memorized transactions Data is not converted. Comparable feature currently does not exist. Payroll items Item price levels Company & Tools Reports Billing Feature Printing Other Lists Services Accountant's review Audit trail Closing date Password Reminders Shortcut list Users & Permission To Do list Import/Export Budgets Reports Report customization Memorized reports Reimbursable expenses Sales tax Customize forms Discounts Pending sales Progress invoicing Print 1099s Print checks Print forms Print mailing labels Ship via Sales reps Terms Customer messages Customer types Job types Vendor types Online billing of customers Merchant account service Online banking Online bill payment QuickBooks credit card Tax support Fax invoices Synchronize contacts Write Letters 1099 support All vendor information in your QuickBooks desktop edition data is converted to a corresponding feature in QuickBooks Online. In QuickBooks Online, there is no preference to turn off this feature. Accountant's review QuickBooks Online allows you to add your accountant as a user. This lets your accountant access your QuickBooks Online company from anywhere with an Internet connection. Due to this capability, there is no need for an Accountant's review copy of the file to synchronize at a later time.
2 Page 2 of 10 Accounts All accounts (except non-posting accounts) are converted from QuickBooks desktop edition to QuickBooks Online. Transactions in balance sheet accounts and transactions assigned to income or expense accounts are also converted. See the specific transaction type for details. For each account, the account number, type, name, description, and subaccount structure is converted. The Bank Account Number (if any) and notes (if any) are not converted. QuickBooks Online has an additional level of account typing, called the "detail type." For example, expense accounts can have a number of detail types, such as Advertising, Supplies and Materials, Legal fees, and so on. For accounts where it is obvious what the detail type should be (for example, there is a detail type called Undeposited Funds), the conversion process assigns that detail type. For accounts where it isn't clear what the detail type should be (the majority of accounts are like this), the conversion process assigns a generic detail type within the type, such as Other Miscellaneous Income. Audit trail If you have an audit trail in QuickBooks desktop edition, it is not converted to QuickBooks Online. However, once you start using QuickBooks Online, it automatically maintains a log of every action that occurs and a detailed audit trail of every transaction that is added or changed. The logging is always "on," and you don't need to worry about how much space the log takes. This log is available from the Company menu; it is called the Activity Log. Then from there, you can open the Audit Trail for a transaction by clicking in the History column. Bills and bill payments QuickBooks Online lets you use Enter Bills/Pay Bills to manage and pay your bills, just like QuickBooks desktop edition. All the bills and bill payments in your QuickBooks desktop edition data file are converted to QuickBooks Online. The following information either isn't converted or is "translated": On bills: Items on purchases. QuickBooks Online doesn't let you specify items on purchases, but the item information in your transactions is converted to the description of the expense line. Item receipts are converted as bills. The Bill Received check box doesn't convert. This is for tracking items received, and there are no items on bills in QuickBooks Online. The balance of your account remains the same. On bill payments, the Discount Date and Address on checks are not converted. The address that was on the bill payment is replaced by the current address from the Vendor List. Budgets Your QuickBooks desktop edition budgets are not converted. However, QuickBooks Online has a budgets feature that works in a similar way. Classes QuickBooks Online has classes, the same way QuickBooks desktop edition has classes. All of the classes on your Class List are converted, and all transactions that have classes are converted with their class information intact. Closing Date QuickBooks Online includes the Closing Date feature. Your QuickBooks desktop edition closing date is converted, along with the password if you set one. However, after conversion, the Exceptions to Closing Date report will no longer show the exceptions that you had accumulated. Instead, new exceptions will be tracked beginning on the date that you convert your company file. Credit card charges All credit card charges in your QuickBooks desktop edition data file are converted to QuickBooks Online. If you used items on credit card purchases, they are converted as described in Items on purchases. Credit card credits are similarly converted. Bill payments made by credit card are converted like bill payments. Credit memos and refunds All the credit memos and refund checks in your QuickBooks desktop edition data file are converted (with the same limitations as invoices) to credit memos and checks, respectively, in QuickBooks Online. Custom fields on lists QuickBooks Online currently does not support custom fields on customers, vendors, employees, or items. If you have custom fields in your QuickBooks desktop edition data file, that information is not converted to QuickBooks Online. However, QuickBooks Online does have three custom fields on invoices (and other sales forms). Customers and jobs All of your customers in QuickBooks desktop edition are converted to QuickBooks Online. Your jobs are converted to "sub-customers." However, not all of the customer and job information is converted. Converted Not converted Pro only not converted
3 Page 3 of 10 Customer Company Name Mr./Ms./ First Name M.I. Last Name Phone FAX Alt Ph. Resale No. Terms Bill to Address (except Note) Ship To Address (except Note) Is Taxable check box Preferred Payment Method (except from QuickBooks 2003 or later) Credit Card Information (except from QuickBooks 2003 or later) Note (up to 4000 characters) Inactive status Contact Alt. Contact Customer Type Rep Price Level Tax Item Custom Fields Account Credit Limit Job Status Start Date Projected End End Date Job Description Job Type Customer messages Any Customer Message you recorded on sales forms in your QuickBooks desktop edition file is maintained on the sales transactions in QuickBooks Online. You can continue to assign Customer Messages on sales forms in QuickBooks Online. However, when assigning Customer Messages to sales transactions, you will need to type in the message as opposed to selecting it from a predefined list. Discounts Although a terms definition can specify the discount to be extended in the event of early payment, QuickBooks Online does not automatically calculate discounts when payments are received. When converting your desktop edition data, discounts already given to customers for early payment of invoices are converted as credit memos. The credit is applied to the customer's outstanding balance. Discounts taken from vendors for early payment of bills are converted as vendor credits. The credit is applied to the vendor's outstanding balance. Employees All the employees on your QuickBooks desktop edition Employee List are converted to QuickBooks Online. However, only the following information is retained: Mr./ Ms. First Name M.I. Last Name Address Print As Phone Social Security Number Hired Released Payroll information is not converted. Estimates Your QuickBooks desktop edition estimates are not converted to QuickBooks Online. However, QuickBooks Online does have an estimates feature, which works a little differently. Instead of turning an estimate into an invoice, you add data from an estimate onto an invoice in QuickBooks Online. Also, you assign each estimate a status: either Pending, Accepted, Closed, or Rejected. Fax invoices QuickBooks Online no longer includes a feature to fax invoices. Finance charges Your existing finance charge invoices are converted as invoices in QuickBooks Online with no data loss. However, QuickBooks Online currently does not have an automatic way to assess finance charges for late customer payments. You can run a report to see which customers are overdue and manually add finance charges that will appear on the customers' next invoices. The conversion process sets you up to use the following workaround: 1. Notice that if you use finance charges in QuickBooks desktop edition, after conversion, you will have a "product and service" (the QuickBooks Online equivalent of an item) called "Finance Charge." It has the same rate and account used by your QuickBooks desktop edition finance charge setup. 2. Create an invoice using the finance charge item. 3. Based on the overdue report, manually enter the amount due for the late penalty charges.
4 Page 4 of 10 Group items QuickBooks Online currently does not have group items. If you have group items in your QuickBooks desktop edition data file, they are not converted. For your transactions where group items exist, all components of the groups items are maintained in the transactions in QuickBooks Online. Each item of the group appears on a detail line when you view the transactions. There are also zero-amount lines at the start and end of where the group item was, so you can see which items were part of the group. The top line shows the group name, and the bottom line shows the group description. Import/Export QuickBooks Online exports to QuickBooks desktop edition 2004 or later, and it exports reports to Microsoft Excel. However, it doesn't import from or export to other applications by way of IIF files. Inactive things on lists QuickBooks Online currently does not let you mark things on lists as "inactive." If you have accounts, customers, vendors, employees, and items marked as inactive in your QuickBooks desktop edition data file, they are converted to QuickBooks Online as regular, "active" things. If you need to remove things from a list in QuickBooks Online, you can delete them, with the option of restoring them at a later date. All deleted list elements can be restored. Inventory QuickBooks Online does not currently track inventory. QuickBooks desktop edition handles inventory transactions by creating new detail lines to represent the affect the purchase or sale made on the inventory Asset account or the COGS account. On converted invoices, sales receipts, credit memos and on some bills, checks and credit card transactions that contained inventory items in QuickBooks Online, you will see two new detail lines after each inventory line that represent the inventory asset and COGS amounts. For each inventory item used on a transaction, we created subitems: "Inventory Asset" and "COGS". The additional lines will use these items. These items contain the same description as their parent item, but have the inventory asset account and COGS account associated with them, respectively. For example: If an invoice looked like this in QuickBooks desktop edition... Red Shirts red shirts with high collars it will look like this in QuickBooks Online after it's converted. Red Shirts red shirts with high collars RedShirts:Inventory Asset red shirts with high collars RedShirts:COGS red shirts with high collars This will cause the cash basis reports with COGS amount to be different for any unpaid or partially paid transactions with inventory items on them. The cash basis amount for any fully paid inventory transactions or noninventory transactions will be the same. The accrual amount will be unchanged in accrual based reports. Invoices All invoices (except pending invoices) in your QuickBooks desktop edition data file are converted to invoices in QuickBooks Online. Because there are some features in QuickBooks desktop edition that aren't available in QuickBooks Online, the following invoice data is "translated" when it is converted: PO No. is translated to Custom Field 1. Sales Rep initials are translated to Custom Field 2. Subtotals do not calculate, but have a note in the Memo field showing the subtotal item name and the subtotal amount. Group items have zero amount start and end lines showing the group item name and description, respectively. Sales tax lines are in the body of the invoice. If a group sales tax item is used, several lines will appear in the body of the invoice to represent and affect the appropriate accounts. Reimbursable expenses get a special "reimbursable expense" item, which has the same expense account used in the expense. Progress Invoices (invoices based on estimates) extra fields are not converted, including: Est Qty, Est Rate, Est Amt, Prior Qty, Prior Avg Qty, Prior Avg Rate, Rate, Prior Amt, Prior %, Curr %, and Total %. Finance Charge invoices are converted as invoices with no data loss. Inventory; see full description. These things on invoices aren't converted: Customer fields Columns Options & Others Other Customer custom fields Other 1 Other 2 Item custom fields Template Logo (but you can add your logo after conversion) Long text disclaimer
5 Page 5 of 10 Tax name Items QuickBooks Online calls items "products and services." There is only one type. Products and Services have the following information: Name Description Is Subitem Rate Account Taxable Some types of your QuickBooks desktop edition items are converted to products and services (but only the name, description, rate, account, taxable, and subitem status). Other types are not converted at all. Item types converted Service items Inventory items Non-inventory items Other charge items Discount items (rate is reversed) Payment items Sales tax items Not converted Subtotal items In transactions, subtotals will be shown in a separate line with text in the Memo field indicating they are a subtotal. Group items Sales tax group items Items on purchases QuickBooks Online currently does not allow you to use items on purchase forms (checks, credit card entries, and so on). See Items for a description of how items are converted. See inventory for a description of how inventory transactions are handled in QuickBooks Online. When you convert from QuickBooks desktop edition to QuickBooks Online, you won't retain quantity information about your items, but the accounting for items used in purchases remains intact. If you have items on checks or credit card entries, there is still a detail line for the item. It retains the account used by the item; the name, quantity, and rate of the item are put into the Memo field. Journal entries All the journal entries in your QuickBooks desktop edition data are converted to journal entries in QuickBooks Online. The only piece of information that isn t converted is a journal entry s billable status; you can t make a journal entry billable in QuickBooks Online. In rare instances, transactions (such as checks or invoices) in your QuickBooks desktop edition data file are converted into general journal transactions. This translation occurs only if QuickBooks Online identifies improper or missing information within the original transaction. An example would be a check that uses an income account instead of a bank account as its source account. These types of irregular transactions are generally not accepted in QuickBooks desktop edition or QuickBooks Online. They may be the result of imported data from other applications, a condense action, or other irregular activity. Layout customization, templates, and logo QuickBooks Online currently does not have the same degree of customization available for invoices and other forms. There is some customization (such as renaming fields, reordering columns, changing font size, and adding color), but it doesn't allow you to define different templates. None of the templates in your QuickBooks desktop edition data file are converted to QuickBooks Online, and your logo is not converted. You can add your logo after conversion, however. Make deposits All deposit transactions are converted intact to QuickBooks Online. Each detail line on a converted deposit will appear in the Payments section of the QuickBooks Online Make Deposits screen. Memorized reports QuickBooks Online allows you to memorize reports, but none of the reports you memorized in QuickBooks desktop edition are converted. You need to recreate the reports in QuickBooks Online and memorize them again. Memorized transactions Your QuickBooks desktop edition memorized transaction list is not converted to QuickBooks Online. However, QuickBooks Online does have a recurring template list that works in a similar way. Merchant account service QuickBooks Online has its own merchant service, which works similarly to the one in QuickBooks desktop edition. If you are using the QuickBooks Merchant Service, you can transfer it for use with QuickBooks Online instead. During conversion, the accounts you used for your merchant service and the transactions in them are converted (see Accounts). However, if you are converting from QuickBooks desktop edition 2003 or later, the credit card information for individual customers is not transferred.
6 Page 6 of 10 To transfer your QuickBooks Merchant Service to QuickBooks Online, please contact support. Online banking The Online Banking feature available with QuickBooks Online downloads bank and credit card transactions automatically. If you convert your QuickBooks desktop edition data file, the accounts you used for online banking and the transactions in them are converted (see Accounts), but you'll need to set them up again for Online Banking from within QuickBooks Online. Online bill payment QuickBooks Online currently does not support online bill payment. If you convert your QuickBooks desktop edition data file, the account you used for online bill payment is converted (see Accounts), but the service is not available in QuickBooks Online. Checks marked "To be Sent" are converted, but their online bill payment status is not converted. Online billing of customers There are two components to billing customers online: Sending invoices by Letting customers pay you online QuickBooks Online allows you to send invoices by , but currently does not allow customers to pay you online. If your QuickBooks desktop edition data file has invoices to be sent by , they are converted to QuickBooks Online but are not marked "To be sent." Other names QuickBooks Online currently does not have an Other Names List. However, all the "other" names in your QuickBooks desktop edition data file are converted to vendors in QuickBooks Online. Password QuickBooks Online requires each user who has access to a company to provide a password when logging in to use QuickBooks Online. For security, if your QuickBooks desktop edition data file is password protected, you will be asked to provide the password of your QuickBooks desktop edition Administrator the first time you access your converted company in QuickBooks Online. See Users & Permissions. Payment methods All payment methods in your Payment Method List are converted, and all transactions that have payment methods are converted with their payment method intact. Although you can store a preferred payment method for each customer in QuickBooks Online, that information is not converted. Payroll If you are currently using another QuickBooks payroll service (such as QuickBooks Assisted Payroll, QuickBooks Enhanced Payroll Plus, or QuickBooks Standard Payroll), you can switch to the QuickBooks Online Payroll service to manage your payroll. After you convert your data to QuickBooks Online, you can sign up for QuickBooks Online Payroll. You'll need to fill out a setup interview to create payroll items, set up employee deductions, enter year-to-date amounts, and so on. Then, you'll be ready to create paychecks. Here are more details about how your QuickBooks desktop edition payroll data is converted: Transactions and payroll accounts are converted so your books will balance, but details behind the transactions (such as payroll item breakdown) are not converted. Paychecks and liability payments are converted as checks. Liability refunds, adjustment transactions, and opening balance transactions that affect accounts are converted to journal entries. Basic information about employees is converted, but their payroll information is not converted. What if I'm currently using Intuit Payroll Services Complete Payroll with QuickBooks desktop edition? You can keep using it with QuickBooks Online. After you've converted your data, our support consultants will step you through a short setup interview to match up your QuickBooks Online accounts and employees with your Complete Payroll data. Payroll items The payroll items in your QuickBooks desktop edition data file are not converted to QuickBooks Online. Pending sales QuickBooks Online currently does not have a way to mark a sale as pending. No pending transactions from your QuickBooks desktop edition data file are converted to QuickBooks Online.
7 Page 7 of 10 Price levels QuickBooks Online currently does not have a way for you to automatically adjust prices of items (which are called "products and services" in QuickBooks Online). If you have price levels defined in your QuickBooks desktop edition data file, they are not converted to QuickBooks Online. Print checks QuickBooks Online prints checks (as well as bill payments and refunds), but currently only single-sheet voucher checks from Intuit are guaranteed to work. If your QuickBooks desktop edition data file has checks, bill payments, or refunds marked "To be printed," they are converted and are still considered "To be printed" in QuickBooks Online. Print forms QuickBooks Online currently does not print on preprinted sales forms from Intuit. Print mailing labels QuickBooks Online currently does not print mailing labels. However, you can create a report of customer, vendor, or employee addresses, copy the report to Excel, and use the data to print mailing labels from Excel. Progress invoices QuickBooks Online currently does not have a way to turn an estimate into a series of invoices as a project progresses. Any progress invoices in your QuickBooks desktop edition data file are converted to invoices. However, all the extra fields and data in them are not converted, including: Estimate Qty Estimate Rate Estimate Amount Prior Quantity Prior Average Quantity Prior Average Rate Prior Amount Prior % Curr % Total % Purchase orders QuickBooks Online does not have a way to track ordering items from vendors. If you have purchase orders in your QuickBooks desktop edition data file, they are not converted to QuickBooks Online. QuickBooks credit card QuickBooks Online does not support downloading credit card transactions from the QuickBooks credit card. If you have a QuickBooks credit card account in your QuickBooks desktop edition data file, the account and all the transactions in it are converted to QuickBooks Online. However, you can't continue to download transactions into it when you use QuickBooks Online. Receive items QuickBooks Online does not let you track items on purchases. However, all the ways you can receive items in QuickBooks desktop edition (Receive Item & Enter Bill, Receive Item, and Enter Bill for Received Items) are converted as bills. See bills and bill payments for details. Receive payments Payments received from customers in your QuickBooks desktop edition data file are all converted to payments in QuickBooks Online. However, discounts are converted to Credit Memos and linked to the payment. Reconcile QuickBooks Online allows you to reconcile bank and credit card accounts, just like QuickBooks desktop edition. Even if you are in the middle of reconciling in QuickBooks desktop edition, the reconciled status of your transactions remains the same when you convert to QuickBooks Online, so you can finish reconciling in QuickBooks Online. However, your last reconciliation report is not converted to QuickBooks Online. Reimbursable expenses
8 Page 8 of 10 QuickBooks Online has "billable expenses," which are similar to reimbursable expenses in QuickBooks desktop edition. In QuickBooks desktop edition, you mark a purchase as reimbursable and assign it to the appropriate customer. When you create the invoice, you can refer to that reimbursable expense and add it to the invoice. At the invoice creation time, you have the option to add a markup. However, in QuickBooks Online, you specify the markup percentage when creating the purchase instead of when creating an invoice. Reimbursable expenses that have not yet been billed in QuickBooks desktop edition will be converted as billable expenses in QuickBooks Online. The default markup percentage will be set to correspond to the preference for markup percent in QuickBooks desktop edition. Reimbursable items on purchases will not be converted as billable since QuickBooks Online does not support reimbursable items. If you have reimbursable expenses on existing invoices in your QuickBooks desktop edition data file, those lines will continue to exist on the converted invoices with the same account and amount. If you use time tracking, your reimbursable time will be similarly converted. Registers You can add and edit transactions from within QuickBooks Online registers. All the transactions converted from your QuickBooks desktop edition data file will be included in your QuickBooks Online registers. Reminders QuickBooks Online puts an alert on your home page when you have important tasks such as things to print or whether if it's time to create invoices. However, QuickBooks Online currently does not let you customize which tasks it should remind you about and when. Reports QuickBooks Online does not have all the reports that QuickBooks desktop edition does, and some of the reports are slightly different. Although your Accrual Basis reports will match in both products, your Cash Basis reports may not match. This is because cash basis calculations are somewhat subjective, and there are several differences in how the two products calculate what is considered paid. These differences are limited to what is displayed on reports; your actual account balances will always match exactly after conversion. For example, transactions using inventory items affect COGS and Inventory Asset accounts differently in the two products. Any unpaid or partially paid transactions using an inventory item that affects the COGS account will result in differences in the Cash Basis reports. Fully paid transactions will not be affected. The differences are: In QuickBooks desktop edition, every inventory item on a transaction represents three accounts and three amounts: Income, Inventory Asset, and COGS. One line in the transaction represents three lines, as shown in the Journal Report for the transaction. As Income starts to get paid off by payments, a proportional amount of the payment is included to the COGS lines. This affects the cash basis reports. QuickBooks Online treats all the lines as separate, so the COGS line is fully paid by the asset line when the invoice is saved. Both products treat the asset account the same way (including the way payments are made to it). Another example is the use of negative lines on invoices. Suppose you have a service income line of $1000 and a discount of $ -100 and no payments: In QuickBooks Online, your cash basis P&L report will show $100 of income and $ -100 of discount. In QuickBooks desktop edition, no portion of an unpaid invoice shows in any cash basis P&L report. Similarly, as payments are received: QuickBooks desktop edition prorates the amount of the discount that shows in the P&L. QuickBooks Online continues to show the entire amount. Your accrual reports are unaffected by this change. Report customization QuickBooks Online does not have all the report customization options that QuickBooks desktop edition does. For example, QuickBooks desktop edition allows you to sort by a specific column in either ascending or descending order. QuickBooks Online doesn't have these abilities. However, QuickBooks Online does allow extensive filtering and supports exporting a report to Excel to achieve most of the same formatting. Sales receipts Sales receipts in your QuickBooks desktop edition data file are converted to sales receipts in QuickBooks Online. They follow the same rules for conversion as invoices. Sales rep Any Sales rep names or initials you recorded in transactions in your QuickBooks desktop edition file are maintained in the transactions in QuickBooks Online. You can continue to assign sales rep information on sales transactions in QuickBooks Online and filter reports by sales rep as needed. However, when assigning sales reps to sales transactions, you will need to type in the name as opposed to selecting it from a predefined list. Sales tax QuickBooks Online supports a single sales tax rate and account on invoices. QuickBooks Online currently does not have sales tax items that let you specify different agencies and multiple rates.
9 Page 9 of 10 If you need to pay multiple sales tax agencies and want to use QuickBooks Online, you can: Change which account is associated with sales tax when you create invoices. Change the sales tax rate when you create invoices. Make journal entries in your sales tax accounts to track your liabilities, and use Write Checks to pay your sales tax. If you have sales tax on existing invoices in your QuickBooks desktop edition data file, the converted invoices in QuickBooks Online have the converted sales tax item (which has no sales tax agency information) and amount. See Items. If you used a sales tax group item, the individual sales tax items are converted as items on your invoice. See group items. The three-character Tax Codes that can be associated with items are not supported in QuickBooks Online. Ship Via Any Ship Via information you recorded on transactions in your QuickBooks desktop edition file is maintained on the transactions in QuickBooks Online. You can continue to assign shipping information on transactions in QuickBooks Online, and continue to filter reports by Ship Via as needed. However, when recording Ship Via information on transactions, you will need to type in the shipping method as opposed to selecting from a predefined list. Shortcut list Your Shortcut list and icon bar settings from QuickBooks desktop edition are not converted to QuickBooks Online. However, QuickBooks Online has a Shortcuts menu. You can add, remove, and rearrange shortcuts on that menu. Statements and Statement Charges Statements work the same in QuickBooks Online as they do in QuickBooks desktop edition. Because statements are simply summaries of customer activity within a specified date range, they can be similarly created in QuickBooks Online. Statement Charges (sales or credits that were entered directly in an A/R register) are converted into invoices. In QuickBooks Online, you can t edit data directly in registers. Synchronize contacts QuickBooks Online currently does not have a way to synchronize your contacts with other data sources. Tax support QuickBooks Online currently does not export information to TurboTax or other tax preparation programs. It also does not have tax line items assigned to accounts or tax reports. The tax line assignments for your QuickBooks desktop edition accounts are not preserved when the accounts are converted to QuickBooks Online. However, QuickBooks Online has an additional level of account types, called "detail types." They may help you make tax line assignments to accounts when tax support is available. Terms QuickBooks Online has a terms feature that is very similar to the terms feature in QuickBooks desktop edition. The terms automatically calculate the due date from the transaction date. However, there is no associated feature in QuickBooks Online to assess finance charges associated with the terms you assign. Also, discounts for early payments can be specified in terms, but the discount amount is not automatically calculated. For example, if a customer pays early enough to qualify for a discount; you will need to edit the invoice yourself to add the discount. Terms are imported without change with the following additional exceptions: Standard terms are called Fixed Number of Days terms in QuickBooks Online. In QuickBooks desktop edition, a job cannot have its own terms; it inherits its terms from its parent customer. In QuickBooks Online, the equivalent to a job (a "sub-customer") can have terms, so you can edit the terms later to make them different from those of the parent customer. The Terms List in every QuickBooks Online company contains several default terms. If terms with the same names didn't already exist in your desktop edition company, these default terms are included to your Terms List. Time tracking QuickBooks Online has a time tracking feature that is very similar to QuickBooks desktop edition. All the Single Activities and Weekly Activities in your QuickBooks desktop edition data file are converted to Single Activity Time Sheets and Weekly Activity Time Sheets, respectively. Transfer funds All the transfers in your QuickBooks desktop edition data file are converted to transfers in QuickBooks Online. Type: customer, vendor, job QuickBooks Online currently does not have a way to categorize customers, vendors, or jobs with types the way you can with QuickBooks desktop
10 Page 10 of 10 edition. If you have types in your QuickBooks desktop edition data file, the lists of types are not converted to QuickBooks Online. Also, when customers, vendors, and jobs are converted, their type is not converted. To Do list Your QuickBooks desktop edition To Do notes are not converted to QuickBooks Online. However, in QuickBooks Online, you can define Things To Do notes that appear on the Home page. Users & permissions If you have multiple QuickBooks desktop edition users, the users' names are not converted to QuickBooks Online. However, you can re -create them in QuickBooks Online. QuickBooks Online has access permissions that limit the user's ability to see and use different parts of it. The access permissions in QuickBooks Online are similar to QuickBooks desktop edition, but they don't allow you to control activity at the level of transactions. Vendors All the vendors in your QuickBooks desktop edition data file are converted to QuickBooks Online. However, not all of the information about vendors is converted. Converted Vendor Company Name Mr./Ms./ First Name M.I. Last Name Contact Phone FAX Alt Ph. Terms Print on Check as Address Account Not converted Contact Alt. Contact Note Inactive Vendor Type Credit Limit Tax ID 1099 Custom Fields Alt. Contact Write checks All checks in your QuickBooks desktop edition data file are converted to checks in QuickBooks Online. If you used items on checks, they are converted to text in the Description field with the appropriate expense accounts, as explained in Items on purchases. Write letters QuickBooks Online currently does not have an automated way to use your data to generate customized letters.
QUICKBOOKS ACCOUNTING COURSE OUTLINE Day One Getting Around in QuickBooks Menus and the Icon Bars Switching among Open Window The Home Page The Company Snapshot Setting Up a Chart of Accounts Acquiring
Resources Used for This Handout The material in this handout is a compilation of publications distributed by Intuit, Joe Woodard of Creative Financial Solutions, Inc. and other talented QuickBooks experts.
Table of Contents Table of Contents Getting Started...1 Chart of Accounts...1 Sales Tax...3 Setting Up Sales Tax the big picture... 3 Using Sales Tax the big picture... 4 Create individual tax items...
INTUIT PROFESSIONAL EDUCATION QuickBooks Files: Sharing, Managing, and Maintaining Data Integrity Copyright Copyright 2008 Intuit Inc. All rights reserved. Intuit Inc. 5601 Headquarters Drive Plano, TX
QuickBooks Online Training Workbook for Educators 0 Contents Introduction to QuickBooks Online... 3 Objectives... 3 Accessing QuickBooks Online in your Internet Browser... 3 Downloading your Browser...
Navigating within QuickBooks The simplest way to navigate within QuickBooks is to work from the home page. Looking at the home page, you will notice the most common functions within QuickBooks are represented
Accounting Getting Started Guide Sage 50 Canadian Edition Getting Started Guide Getting Started...1 Setting Up Your Company...3 Setting Up Customers and Suppliers...8 Setting Up Items... 10 Essential Tasks...
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May 18, 2015 revised Security Awareness link http://bblearn.missouri.edu Other resources: Signup for Swipe Reader Guidelines for Credit Card Swipe Reader What is the Merchant Service? The Merchant Service
QuickBooks 2007 Resource Manual Table Of Contents QUICKBOOKS 2007 RESOURCE MANUAL...I TABLE OF CONTENTS... 1 USING THIS MANUAL... 5 OBJECTIVES... 7 GETTING STARTED WITH QUICKBOOKS PRO 2007... 9 Introducing
#SNH16 QuickBooks Online Advanced Certification Exam Prep Part 1 #SNH16 Attending this Breakout session for the full 100 minutes entitles you to 2 hours of CPE. Please be sure you check in to the session
September 2009 AG/ECON/2009-10RM A Basic Guide for Beginning QuickBooks Users Sarah A. Drollette Department of Applied Economics Utah State University Table of Contents Introduction... 3 Step 1: Complete
Note: To change the product logo for your ow n print manual or PDF, click "Tools > Manual Designer" and modify the print manual template. Contents 3 Table of Contents 1 Who Is this Guide for? 4 2 Using
Chapter 1 Job Costing Using WIP Accounts Objectives After completing this chapter, you should be able to: Set up the Chart of Accounts and Item List to track Job Cost codes (page 2). Track Insurance and
Chapter 4 Working with Inventory, Vendors, and Customers OBJECTIVES: 1. Open the company, Your Name Retailers Inc. 2. Enter vendor records. 3. Enter inventory items. 4. Print the vendor list and item list.
Sage Simply Accounting Getting Started Guide 2012 First Step Sage Simply Accounting Getting Started Guide First Step 2012 Getting Started... 1 Setting Up Your Company... 3 Setting Up Customers and Vendors...
Course Handouts Course Handouts Using the course handouts In this section, you ll find copies of handouts for referenced course. The handouts are available for download in Portable Document Format (PDF)
ACC207 Computerized Accounting Administration Outline Course Information Organization Mercer County Community College Course Number ACC 207 Credits 3 Description Introduction to general ledger accounting
Blackbaud FundWare Accounts Receivable Guide VOLUME 1 SETTING UP ACCOUNTS RECEIVABLE VERSION 7.50, JULY 2008 Blackbaud FundWare Accounts Receivable Guide Volume 1 USER GUIDE HISTORY Date Changes June 2000
A Presentation of TeachUcomp Incorporated. Copyright TeachUcomp, Inc. 2012 Advanced QuickBooks TeachUcomp, Inc. it s all about you Copyright: Copyright 2012 by TeachUcomp, Inc. All rights reserved. This
Table Of Contents Introduction... 1 Installation... 3 Installation... 3 Getting started... 5 Enter your company information... 5 Enter employees... 6 Enter clients... 7 Enter vendors... 8 Customize the
MODULE 2: SMARTLIST, REPORTS AND INQUIRIES Module Overview SmartLists are used to access accounting data. Information, such as customer and vendor records can be accessed from key tables. The SmartList
LESSON 9 Analyzing financial data 9 Lesson objectives, 240 Supporting materials, 238 Instructor preparation, 238 To start this lesson, 240 Reports and graphs help you understand your business, 241 Creating
CLIENT BOOKKEEPING SOLUTION ACCOUNTS RECEIVABLE Getting Started version 2007.x.x TL 20746 (06/09/09) Copyright Information Text copyright 1997 2009 by Thomson Reuters/Tax & Accounting. All rights reserved.
QuickBooks for Mac 2012 User s Guide by Shelly King and the QuickBooks for Mac team Version 1.0 October 27, 2011 Acknowledgements No guide of this size and scope is written by a single person. I d like
QuickBooks 2012 What's New and Improved By Laura Madeira Register to win over $8K of QuickBooks Software* www.quick-training.com/free-quickbooks-2012 A brief review of the new and improved features and
SAP Business One How-To Guide PUBLIC How to Define Authorizations Applicable Release: SAP Business One 8.8 All Countries English September 2009 Table of Contents Introduction... 3 Authorizations Window...
OfficeLink Table of Contents OfficeLink Overview Viewing reports in Microsoft Excel To view AccountEdge reports in Excel To modify OfficeLink templates for Microsoft Excel Creating personalized letters
QuickBooks Interface for Almyta Control System Contents QuickBooks Interface for Almyta Control System... 1 Introduction... 2 Configuring the Interface... 4 Account Description... 6 Export Receipts and
for Sage 100 ERP Purchase Order Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered
for Sage 100 ERP Accounts Receivable Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered
for Sage 100 ERP Sales Order Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered trademarks
Last Updated: March 7, 2009 About this Guide This Guide is for use by SedonaOffice customers only. This guide is not meant to serve as an operating or training manual, its purpose is to provide an overview
for Sage 100 ERP Accounts Payable Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered
Integration to Salesforce CRM Create a Recurring Billing Contract from an Opportunity in one click. Create a Sales Order from an Opportunity in one click. Create a Project from a list of pre- defined templates
Getting Started Tutorial Welcome This tutorial will introduce you to the main functions of your AccountRight software. You can use this tutorial with the current version of MYOB AccountRight Basics. This
INTUIT PROFESSIONAL EDUCATION Reporting and Analysis for Financial and Operational Management and Job Costing Tracking Copyright Copyright 2008 Intuit Inc. All rights reserved. Intuit Inc. 5601 Headquarters
REMINDER: Please remember that this document is meant to be a guideline with some ideas of ways you can use MAS 90 / 200 core accounting modules more fully. However, your settings or process may not work
The Accountant s Guide to Moving Clients Online PART 2: How to convert QuickBooks Desktop data to QuickBooks Online Confidently complete the conversion process with these practical, step-by-step visual
SYSTEM SETUP & ADMINISTRATOR GUIDE 2010 DrivenCRM, Inc.. SYSTEM CONFIGURATION AND SETUP... 6 ACCESSING SYSTEM MANAGEMENTS... 6 MASTER SYSTEM CONFIGURATION... 7 ACCOUNTING SETUP... 7 COMPANY SETUP:... 7
Amicus Small Firm Accounting: Frequently Asked Questions Questions Administration... 3 1 How do I add another user account? 3 2 How are passwords set up and how are they used? 3 3 What does "Reset User
Knowledge Base Table of Contents Customers How Do I? Set up a Customer?...2 Record a payment received from a customer?...5 Allocate the customer s payment to an order?...6 Deposit the customers payments?...8
Accounts Payable With Blackbaud s Accounts Payable, paying bills is now easier and more efficient. Make payments any way you want by system-generated or handwritten check, bank draft or electronic funds
Part 2 Contractor s Edition Workshop By: Penny Lane Crull There are three options for processing payroll inside of QuickBooks: 1. QuickBooks Do it yourself payroll fixed yearly fee of $199 you are responsible
Sage 300 ERP 2012 Bank Services User's Guide This is a publication of Sage Software, Inc. Copyright 2014. Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service
Checkout User Guide Salesforce, Spring '12 @salesforcedocs Last updated: July 7, 2015 Copyright 2000 2015 salesforce.com, inc. All rights reserved. Salesforce is a registered trademark of salesforce.com,
for Sage 100 ERP General Ledger Document 2012 Sage Software, Inc. All rights reserved. Sage Software, Sage Software logos, and the Sage Software product and service names mentioned herein are registered
2010 Getting Started Guide 2010 Getting Started Guide Getting Started...1 Setting Up Your Company...4 Setting Up Customers and Vendors... 13 Setting Up Items... 16 Setting Up Payroll... 18 Setting Up Projects...
Time Billing and Project Management Software Built With Your Industry Knowledge BillQuick Microsoft Office Accounting Integration Guide BQE Software, Inc. 2601 Airport Drive Suite 380 Torrance CA 90505
PRACTICE CS Sample Reports version 2012.x.x TL 25842 (10/24/12) Copyright Information Text copyright 2004 2012 by Thomson Reuters. All rights reserved. Video display images copyright 2004 2012 by Thomson
OSP / QuickBooks Web Connector Setup Overview The OrderStream Pro Business Manager can be integrated in real time with QuickBooks Financial Software. Key data flows automatically between applications as
Accounts Payable User Manual Confidential Information This document contains proprietary and valuable, confidential trade secret information of APPX Software, Inc., Richmond, Virginia Notice of Authorship
Sage 300 ERP 2014 Bank Services User's Guide This is a publication of Sage Software, Inc. Copyright 2014. Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service
Sage 100 ERP 2015 Customer Upgrade Guide This is a publication of Sage Software, Inc. Copyright 2015 Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service names
TheFinancialEdge Reports Guide for Accounts Payable 041813 2013 Blackbaud, Inc. This publication, or any part thereof, may not be reproduced or transmitted in any form or by any means, electronic, or mechanical,
Chapter 16 Reporting Tips and Tricks Intuit Statement Writer New for 2009! Company Snapshot New for 2009! Using the Report Center Reporting Preferences Modifying Reports Report Groups Memorized Reports
LESSON 5 Using other accounts in QuickBooks 5 Lesson objectives, 136 Supporting materials, 136 Instructor preparation, 136 To start this lesson, 136 Other account types in QuickBooks, 137 Tracking credit
Retail User Training IT Retail, Inc. 2010 Inventory Training Retail 7 RETAIL 7 User Training: Inventory Using RETAIL 7 ITRetail, Inc. RETAIL User Training TABLE OF CONTENTS Inventory MANAGE INVENTORY...
CLIENT BOOKKEEPING SOLUTION ACCOUNTS PAYABLE Getting Started version 2007.x.x TL 20745 (06/08/09) Copyright Information Text copyright 1997 2009 by Thomson Reuters/Tax & Accounting. All rights reserved.
Solar Eclipse Accounts Receivable Release 8.7.2 Legal Notices 2011 Epicor Software Corporation. All rights reserved. Unauthorized reproduction is a violation of applicable laws. Epicor and the Epicor logo
// Mamut Point of Sale Introduction to Mamut Point of Sale Contents News in Mamut Point of Sale version 3.5... 2 Mamut Point of Sale... 3 Definitions of words and expressions used in the program... 7 Getting
AgencyPro Cash Accounting Workflow This document is a supplemental accounting guide to reiterate the general processes outlined during the first accounting training. Some of the outlined processes differ
Running Payroll with an Intuit Payroll Service APPENDIX D If you re reading this appendix, you ve probably decided to use Intuit s Basic or Enhanced Payroll service. (Page 419 of QuickBooks 2016: The Missing
SALES AND RECEIVABLES: SERVICE BUSINESS LEARNING OBJECTIVES At the completion of this chapter, you will be able to: 1. Create invoices and record sales transactions on account. 2. Create sales receipts
Microsoft Dynamics GP Payables Management Copyright Copyright 2010 Microsoft. All rights reserved. Limitation of liability This document is provided as-is. Information and views expressed in this document,
What s New in Version 12 New Service Agreement Scheduling tab design makes scheduling much easier. Brand new List Views report capability that opens the door for new searching and reporting in ESC. Dispatch
Postage Accounting Module User Guide Table Of Contents INTRODUCTION...1 ACCOUNTING PRINCIPLES...1 Access Postage Accounting...2 LOGGING IN AND SECURITY...2 SETTING THE INTERACTION BETWEEN POSTAGE ACCOUNTING
QuickBooks Overview for Small Business ENTREPRENURIAL SUMMIT March 3, 2011 Executive Director TFCE Presentation Objectives To discuss decisions that must be made before using QuickBooks To create a new
Create a New Vendor Vendors supply you with goods or services you need to run your business. Vendor records must be created prior to processing bills or other payable transactions. 1 Before entering in
Version 7.40 Customer Upgrade Guide Sage ERP MAS 500 2005-2011 Sage Software, Inc. All rights reserved. Sage, the Sage logos, and the Sage product and service names mentioned herein are registered trademarks
PRINTER S PLAN 2000 USER S GUIDE Chapter 9 A/R Accounts Receivable...............................328 Posting.......................................329 Applying Payments...............................333
Chapter 15 Sharing Data with Your Accountant or Your Client Sharing QuickBooks Data QuickBooks File Types Data Sharing for the Business Owner Data Sharing for the Accountant 412 Chapter 15 Sharing Data
Quick Guide: Payroll tips QuickBooks Payroll lets you pay employees with just a few clicks and minimal data entry, usually just the hours employees worked. To make the most of the payroll features: When
Introducing Sage 200 v5.10 Sage 200 v5.10 What s New At a Glance Sage 200 v5.10 sees the release of a number of new features including support for Microsoft Vista (Business and Ultimate Edition) and Microsoft
Pay.It Information in this document is subject to change without notice. Companies, names and data used in examples herein are fictitious unless otherwise noted. No part of this document may be reproduced