ledgerscope

Please understand that it is impossible to make an exact copy of your data in a different accounting system. There will be some information that we can’t convert and some information will look different when converted. Despite this, in most cases, the balances in the Trial Balance report should match between the source system and QuickBooks Online.

Topics

• Foreign Currency
• General
  • Causes of Complications
  • What data will be converted 
  • What data won’t be converted
• Workarounds
  • Transaction types we can’t convert
  • Bank
  • Credit cards
  • VAT/tax
  • Multiple receivables and payables accounts
  • Converting batch entered invoices from Sage
  • Rounding/Decimal places
  • Payroll
• Things you may need to tidy post-conversion
  • Reconciling bank transactions
  • Check the VAT/tax codes in chart of account items (intuit.com)
  • Filing VAT/tax returns
  • Create and apply credit memos or delayed credits in QuickBooks Online (intuit.com)
  • FreeAgent corporation tax
  • Tidy foreign currency

If you'd prefer to refer to the full limitations in a single-page article instead of separate ones, please use the QuickBooks Limitations Master.