how to upgrade quickbooks pro plus from 2014 to 2016

If you have multiple companies, be careful to select the correct one, as the conversion will replace any existing data. Then, a login screen for your QuickBooks Online account will appear on your QuickBooks Desktop account.Īfter successfully logging in to your QuickBooks Account, select the QuickBooks Online company that you want the data to import to from the drop-down list. Since you already set up a QuickBooks Online account, select Yes, sign me in (not shown in a screenshot). For that reason, we recommend consulting a tax professional before bringing over your inventory to QuickBooks Online.Īfter identifying whether you want to import inventory to QuickBooks Online, QuickBooks will then ask you if you have a QuickBooks Online account. If you change your inventory method from average cost to FIFO, it must be reported to the IRS on Form 3115. If you use QuickBooks Enterprise, Intuit has conversion instructions for QuickBooks Enterprise. For QuickBooks Mac, you can follow Intuit’s conversion instructions for that platform.

The steps discussed in this article are for converting a QuickBooks Desktop file to QuickBooks Online from QuickBooks Desktop Pro, Premier, and Accountant. If you’re unsure about whether the switch to QuickBooks Online is right for your company, read our QuickBooks Online vs Desktop comparison. QuickBooks provides a list of Desktop features and a description of how those features will transfer to QuickBooks Online. Most information from QuickBooks Desktop will transfer automatically to QuickBooks Online, although some features in Online are named differently and might not work the same. QuickBooks Desktop is usually faster for experienced bookkeepers, has more options available for dealing with inventory, and can report estimated versus actual job costs. Although we rated QuickBooks Online as the best small business accounting software, there are a few distinct advantages to QuickBooks Desktop over QuickBooks Online.

How to upgrade quickbooks pro plus from 2014 to 2016