How to convert data using QuickBooks Conversion Tool?
QuickBooks conversion tool can be used for easy conversion of data to QuickBooks. Through this tool you can convert your data from an old system to QuickBooks effortlessly. You just need to choose the QuickBooks 'version' for converting your current data and Conversion Tool will do the rest of the conversion process for you. QuickBooks conversion tool allows you to convert your company files across different programs. It allows you to convert Quicken, Sage, or other accounting software to specific QuickBooks versions. This article encapsulates all the necessary information you need to know about the QuickBooks Conversion Tool.
What type of data can convert using the Conversion Tool?
Before proceeding with conversion, you need to know what
type of data can convert using the QuicBooks Conversion Tool. So let us first
go through the list of items that can convert using the Tool.
•
Account balances
•
Paychecks
•
Profile of the employee and other relevant
information like contact details
•
Both the Customer and Vendor transactions.
•
Account, Employee, Customer, and Vendor lists
What type of Data cannot convert using the QuickBooks Conversion Tool?
The list of items that cannot convert using the QuickBooks
Conversion Tool includes the following:
•
Fixed Assets
•
Payroll transactions and year-to-date employee
info
•
Individual employee wage or deduction
information
•
Work tickets
•
Closed or partially closed Sales Orders, Purchase
Orders, and Estimates
Various Features of QuickBooks Conversion Tool:
The tool has been equipped with various features, which
include:
•
Convert data into QuickBooks files without
distorting system security.
•
Importing data to a new QuickBooks Company
File
•
Existing data files are not tampered with.
•
The Tool can record the conversion process by
creating a log file.
System Requirements for the QuickBooks conversion tool
Before installing the QuickBooks Conversion tool, you must
ensure that your system meets the minimum system requirements needed for
running the utility. These include the following:
•
Operating system: Windows 10, Windows 8.1,
Windows 8
•
Processor: 500 MHz Intel Pentium II
•
Memory: 512 MB
•
Hard drive: 2.5 GB free space.
•
Microsoft .NET Framework: Version 2.0
•
QuickBooks Desktop: Pro, Premier, or Enterprise
2018.
•
Sage 50: Version 2013 and above.
•
You should have the installation of the .NET 2.0
Framework.
How to convert data using QuickBooks Conversion tool?
You now have all the requisite information about the
QuickBooks conversion tool. Let us now jump to the easy-to-follow procedure of
conversion.
•
Download and Install the QuickBooks Conversion
Tool.
•
Right-click on the conversion tool icon and
navigate to properties.
•
Open the program in compatibility mode and
choose the operating system you are using.
•
Again right-click on the icon and Run the Tool
as an administrator.
•
Select one of the two options that appear on
your screen, i.e., My Client Company or My own company.
•
You now need to choose the accounting software
and click on Next.
•
Go for the Company file and again click on Next.
•
After choosing the QuickBooks product, go to the
folder where you saved the company file.
•
Click on Next.
•
Navigate to the Conversion levels as per the
list and select Next.
•
Choose the accounting preferences according to
the name and date of the company. Select Next.
•
Verify the details and click on the Finish
option.
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