15/09/2016

File Conversion FAQ

What data will be converted?
We will transfer the following data to QuickBooks Online:
 Customer details
  Supplier details
  Chart of accounts
  Account balances
  Customer balances
  Supplier balances
  Items list
  Historical transactions
I’ve already signed up for QuickBooks Online. Can I move my data to that account?
Yes. If you have an existing QuickBooks Online file you would like us to move your data in to, please invite us to that file.
QuickBooks specific transaction handling
There are certain transaction types that QuickBooks Online does not allow us to convert. We have to use transaction type Journal Entry for the following items:
General
 Deposits
 Funds transfers
 Paycheques
 Inventory Adjustment
 Refund
Xero
 Receive money
 Each contact is converted as both customer and supplier

 

What we don’t convert

We only currently convert the core accounting information and not the following types of data:
General
 Departments
 Budgets
 Memorised transactions
 Invoice and other templates
 Sales orders
 Payroll records
 Negative stock
 Attachments

All of the above, together with the following types will not be converted from:
.CSV Files
 Classes
  Payment cannot be linked to specific invoice/bill

Please also note that Chinese characters will not be converted.

Supported software
  Intuit QuickBooks US version (2012 – 2015) without sales tax module
  Intuit QuickBooks UK or Canadian version (2012 – 2016)
  Reckon QuickBooks 2011 or later
  Reckon Accounts for Business 2015 or earlier (.qbb or .qbw file type)
  Reckon Accounts Hosted
  MYOB AccountEdge V14 and earlier (.myo file type)
  MYOB AccountRight Enterprise, Premier V19 and earlier (.myo file type)
  Xero (excluding Xero US version)
  CSV files (Beta)

 

Post-conversion tasks

 

Confirming company settings. Although we are able to move your accounting figures into QuickBooks, we don’t carry over information like company name, address and email details. You will need to update these fields.

 

Reconciling bank transactions. We are unable to mark bank transactions as reconciled during our conversion process. Once your conversion is complete, you will need to mark the bank transactions as reconciled, leaving only the unpresented items as unreconciled and agreeing with the statement balance.

 

Sales and services tax/GST/VAT Returns for earlier periods may need to be “filed” in QuickBooks, to make sure that old transactions do not appear in the next Tax Return report. You should check the first Tax Return you produce in QuickBooks carefully, to ensure that the numbers are as you would expect.
Don’t worry about these tasks, we will guide you through these steps when you get there!

 

Accuracy of Data Supplied – Enable Business does not check your data files(s) supplied for accuracy or errors, as such it is vital that due diligence is done by the customer to ensure the data file(s) or csv file(s) are accurate and are free from errors. We will only verify the data given to us is fully migrated and the values match the files given to us.