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What is QuickBooks conversion tool?
QuickBooks desktop offers a wide range of features and tools , one of them is QuickBooks data conversion tool. This tool permits you to convert the company file from a plethora of different programs. What makes this tool even better is that it completes all sorts of conversion task, regardless of their complexity that too without any data security compromise. With the help of this tool, one can do things like conversion of QuickBooks 2017 to QuickBooks desktop premier 2018 or pro 2018 or QuickBooks desktop enterprise solutions 18.0.
What it can convert?
Account, Employee, Item, Customer, and vendor lists
Account balances
Customer and vendor transactions
Employee profile and contact info
Payroll General ledger account balance info
Paychecks (convert as journal entries)
What can’t be converted?
Payroll transactions and employee year-to-date info (paychecks, year to-date adjustments).
Work tickets
Fixed Assets
Individual employee wage or deduction information.
Closed or partially closed Sales orders, Purchase orders, and Estimates.
You should also note that, you can only convert versions of Sage 50 and QuickBooks desktop from the same region. In case you are having a US version of Sage 50, you might have to convert it to a US version of QuickBooks desktop.
Advantages of QuickBooks conversion tool
As we mentioned earlier, QuickBooks conversion tool comes with amazing features and functionalities. The advantages include the following:
This tool permits the setup process for the conversion of QuickBooks file.
Another advantage of this tool can be if the conversion tool doesn’t change the current/ existing data files.
Also, this will help in understanding the current state of the business.
The tool usually imports the data from the new QuickBooks company.
Moreover, this tool creates a log for every conversion, simply to maintain the records systematically.
This tool offers a choice for the imports list. This helps to list plus/minus balances as well as historical transactions in one go.
Also if the tool ensures that no such data security compromises are possible at the time of conversion taking place.
System Requirements for the QuickBooks Conversion Tool
Before you start with the QuickBooks conversion tool, it is important that whether your system is compatible with the tool or not. There are certain system requirements that a user should have to meet in order to get the conversion tool.
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 is least.
QuickBooks Desktop: Pro, Premier, or Enterprise 2018.
Sage 50: Version 2013 and above.
It should be noted that the operating system should be either windows 7, 8, or 10, or windows vista, windows XP.
You should have installation of .NET 2.0 framework.
QuickBooks desktop should be installed in proper manner and should be registered properly.
RAM storage should be either 512 MB or higher.
How to Download the QuickBooks desktop conversion tool?
You need to firstly, Download the QuickBooks Conversion Tool.
Look for and open the folder having the downloaded file.
Hit a right click on the QuickBooks conversion tool icon and also select properties.
Under the compatibility mode, you need to select the checkbox for run this program compatibility for, and then select from the dropdown the window operating system being used.
You will then have to click on ok tab.
Last but not the least, right click the file i.e. QuickBooks ConversionToolSetup.exe and also choose run as admin.
Steps to Use the QuickBooks Conversion tool effectively
Now that you know the relevant information related to the QuickBooks conversion tool, it is the right time to start using it. The below steps would surely help you in making the best out of the conversion tool.
Initially you are supposed to double click the conversion tool and open it.
Followed by selecting one of the two options that would appear on the screen i.e. My Client Company or My own company.
Select the accounting software.
Choose next and opt for the company file and also hit next again.
You will then require to select the QuickBooks product and navigate to the folder where you have saved the company file and also hit next.
Go for the conversion levels as per the list which you see on the screen and then hit next.
You will then have to select the accounting preferences as per the date and name of the company, and then hit next.
The final step is to check all the details for the last time and then hit start, and after the process is complete, you need to click on finish tab.
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