What is a QuickBooks Data Conversion tool?
QuickBooks Data Conversion Tool is used to convert other accounting software files to QuickBooks company file. For opening other accounting software file you have to use the software as it restricts automatic upgrade. The free program imports crucial business data, account balance and transactions from other financial software into QuickBooks. Also in case of loss you need authentic Quickbooks Data Recovery solutions provided by skilled technicians .
How does QuickBooks Data Conversion Works?
The data conversion program works in the following way:
Assist the user through a short and straightforward setup process
Imports your data into a new QuickBooks company file
Allows importing lists only, or lists plus balances, and historical transactions as per requirements
Creates a log file of the conversion process for your records
Does not change your data files in the existing software
Reads the current state of your business by importing the balances, key lists, and transaction into QuickBooks
System Requirements for QuickBooks Data Conversion Program
Import or Convert Data QuickBooks
Operating System – Microsoft Windows 7 or Vista
Minimum Processor – 500 MHz Intel Pentium II (or the equivalent)
Recommended Processor – 1 GHz Intel Pentium III
Memory (RAM) Minimum – 512 MB (The minimum will be slow and might not handle larger Peachtree files)
Memory (RAM) – Recommended 1 GB+
Hard Drive – 2 GB Free space (Recommended)
Microsoft .NET Framework version 2.0
Data Files that can be converted
Employee payroll information including SSN, payroll general ledger account balance information and contact information can be converted easily.
Payroll information that cannot be converted: Paychecks (which are convert as General Journal entries), Employee Year-To-Date (YTD) information, payroll Items, individual employee wage or deduction information. The other information that the program is restricted to convert are fixed asset items, work tickets, closed or partially closed sales orders, purchase orders, and estimates.
There are few things that you have to remember before using the QuickBooks Data Conversion Program
QuickBooks must be installed, licensed and registered.
Make sure that the application of the file that you are converting is installed on your computer (either Peachtree or Microsoft Software).
If your company data is already in QuickBooks format, you do not need to implement the data conversion tool.
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