Convert to Quickbooks Online
Option 1 - Migration of Data
Moving from your current dataset moves all top-line data, sales, customers, suppliers, period transactions, bank, reconciliations etc. to QuickBooks Online. You can convert historical data to QuickBooks Online. This migration option is only compatible with the packages listed below. Provided the below requirements are met the conversion to QuickBooks Online can be actioned at any point during the financial year.
Sage 50 to QuickBooks Online
TasBooks to QuickBooks Online
Xero to QuickBooks Online
QuickBooks Desktop or QuickBooks Online
Data that we move
- Chart of Accounts (we do custom mapping as well)
- Customer Details
- Supplier Details
- Opening Account Balances
- Aged Receivables
- Bank Transactions (Includes Invoice payments, Bill payments, and other Bank Transactions) (All Bank Transactions reconciled as it was done in QuickBooks Desktop)
- Credit Card (converted as QuickBooks Online Bank Accounts)
- Invoices and Credit Notes Detailed (We are only able to export Descriptions for those invoices which contain item/products)
- Bills (We are only able to export Descriptions for those invoices which contain item/products)
- All Manual Journals
- Inactive Contacts/Accounts can be brought over on special request
- The entire conversion and matching of Reports are done on ACCRUAL Basis.
- We make our best attempt to give you the exact image of your QuickBooks Desktop data, however, due to the limitations of few fields which are different in QuickBooks Desktop and QuickBooks Online, we might have to use some workarounds to bring the transactions
Option 2 - Rebuild of Data
A rebuild of a new dataset is a manual process that requires us to import data from datasets. This option can be actioned with ANY accounts package. This allows clients to cleanse the data within your file, removing any old or unused customers and suppliers.
We recommend this option is done at the end of the client’s financial year. This way we can take the closing trial balance and use this as the opening balance for the new financial package.
A rebuild of a new dataset is recommended in the following scenarios
- If migration is unavailable within option one
- Slow performance when using your accounts package
- Data corruption or issues within your accounts package
What is included?
We will set up your chart of accounts (COA) which replicates your accountant’s set-up.
Import all your customer & supplier details from your old accounts software including name, address, phone and email to their opening balance.
Set up class tracking so that we can produce a profit & loss by class or department.
Quotes are based on a review of the data provided in your previous package.
Contact us for a quotation today.
