3.75 (8 reviews)
☑ They'll be able to take their Quickbooks Desktop data and convert it to use on the platform: Quickbooks Online.
We've seen the push that Quickbooks has been doing - to encourage it's users to move from Quickbooks (the desktop version) to Quickbooks Online (QBO), but how easy is it? Very! And that's what this course will show you how to do. Follow expert instructor and author of Quickbooks Online: The Handbook, Lisa Newton in this specially created course, so that you too, can take your data from Quickbooks desktop (any version) and move it across and over onto Quickbooks Online.
We'll show you two methods.
Your tutor has been working with Quickbooks since 2003 and has been many changes during this time. Initially, QBO wasn't as user-friendly as the desktop, and there were several things that it couldn't do. As time and investment has gone by, it's quite clear that Intuit are taking their online software very seriously, and they're starting to stop the support for older versions of the desktop version. There is a push to get all of their users onto the online version of the software. Once upon a time, this was a complicated, long winded, time consuming and expensive process - not any more!
This course will show you how to jump from Quickbooks desktop to Quickbooks online. We take it step by step, and show you how to make sure that the data is correct, how to deal with recurring transactions, how to make sure that the opening balances match, and how to connect your bank to the software, how to connect your credit cards to the software, how to reconcile the accounts on the online system and to move forward.
We look at the benefits of the online version, and why you may want to move, and how automation in the online version can save you a lot of time. We take real life examples - and move the accounts over. There are massive benefits to going online. In our case studies example the bookkeeping (which used to take a couple of hours), now takes maybe 5-10 mins per week! (if that)! There is no longer a backlog, and the accounting information is virtually in real time.
This course is for bookkeepers and accountants who are thinking of helping their clients to switch over from the desktop to online. It's for business owners who would like to move their desktop to online, but don't want to spend hundreds of pounds getting someone else to do it, when they could easily do it themselves.
It's never been easier to make the switch. We will consider the pro's and cons of using both systems and we'll look at how you can do this for yourself. Remember, the desktop data doesn't get deleted, so if you really don't like the online version, you can always go back to the desktop - no problem. However, as someone who has switched over many businesses... I can virtually guarantee that once you see how easy, and automated your QBO system is, you'll wish you had have done it sooner.
As a bonus, we'll throw in an app or two, that's worth looking at, that can help you to automate your processes even further!
To your success!
Overview of the course
The difference between 2006 and 2018 Quickbooks
How to take the course
About your tutor
Online vs Desktop systems Pros and Cons
Example Company 1 - Megzina (internal transfer)
Log into Quickbooks Online to create your account
Step 1: Open Quickbooks Desktop and download updates
Step 2: Restore the back-up file
Step 3: Export the Data file to QBO
Step 4: Open Quickbooks Online after the transfer
Importing a CSV file
Checking re-occurring transactions
Connecting the bank
Connecting credit cards
Reconciling the credit card
Reconciling the credit card to 20 July
Opening bank balance matches the bank statement - step 1
Opening bank balance - upload the CSV file - step 2
Adding the bank via CSV - (going back 60 days +)
Adding bank rules
Starting the bank with the correct opening balance figure
Forex - Opening balance calculation
Uploading a foreign currency using a CSV bank file
Direct Bank Feed - now connected
Reconcile the bank after DF connected
Example company 2 - Booglez (external transfer)
Open company file in QBO 2019
Create QBO company
Move my books
MMB - Destination
MMB - completed
Identify the discrepancy
Trial Balance as at 31 March (year end)
Matching the Chart of Accounts (COA)
Creating New Settings in QBO
Connect the bank
Connecting the Credit Card
Creating bank rules
Paypal Bank Rules
Creating a bank rule for Aviva
Creating a bank rule for MS Society
Purging Data and starting again
Connecting to QBO
App - RB demo with a credit card
App - RB demo - pubisihing a bill into QBO
App - RB demo - matching bill already paid from bank ex1
App - RB demo - matching bill already paid from bank - ex 2 UW
Useful things QBO can do
Uploading and saving customer record files
Conclusion and Next Steps
This was a disappointing course. The instructor obviously has not proofread the course, I could hear her cell phone ring, the recording included her looking up a phone number, etc. She was not prepared to record the lessons and had to look for information to enter while we waited. She had not reviewed the info and double checked what she was going to train on before recording. Sadly, I was able to learn more from a half hour intuit free webinar on what to expect when converting from QBD to QBO. This course did not add value to the exercise of converting to QBO, there were however, other areas that were helpful. Bank feeds, receipt bank app, entering data into QBO and the set up. It did not deliver on the topic of moving from QB Desktop to QB Online.