For a business to function smoothly and maintain transparency, it is imperative to renew the QuickBooks accountant copy.
Once you share your accountant copy of your particular business with your accountant, and after you receive it back with modifications from your accountant, you can enter the data to your primary file in QuickBooks.
Note: The method that is used to import the file is based on the fact whether the copy is received through the web or you can access the file on a local network or computer. Once you have completed it using either of the methods, you must review and then integrate the changes.
Why do you need to renew your QuickBooks Accountant Copy?
Here are the top 5 reasons why do you need to renew your QuickBooks accountant’s copy:
- Locate and resolve entry errors together with Client Data review
- Void and reclassify numerous transactions at once
- Write off many invoices in one window
- Send files seamlessly instead of doing it manually
- Merge the adjustments rapidly and quickly
How to renew my QuickBooks Accountant Copy?
Import through Web
- Open your QuickBooks account and choose the File menu. Choose Restore Company.
- Press the option, Open a company file, and then press Next.
- Select Browse and choose the company you wish to open. Select Open and add the login data if it prompts.
- Choose the File menu and click the Accountant’s Copy and select Import Accountant’s changes from the Web.
Import through File
- Open your QuickBooks and choose the File menu. Choose Restore Company and press Open a Company File and press Next. Select Browse and choose the company file you wish to open.
- Press Open and add the login data if it prompts.
- Choose the File menu and then the Accountant’s Copy and select Import Accountant’s Changes from the File.
- Find out the modified and altered Accountant Copy that has a .qby file extension. Choose the file and select Open.
Analyze and Incorporate the Changes
- Analyze the modifications and press the + sign to every change to see the details and instructions for fixing the conflicts.
- Press Print/Save as PDF to make a copy of the altered accountant copy which can be retained.
- Select the option, Incorporate Accountant’s Changes, to renew the accountant’s copy to your specific original company file.
- Select OK to close your QuickBooks account and press OK again in order to create a backup of the file. Choose the location where the backup needs to be saved and press OK once the backup is finished.
- Analyze the changes you added in the Accountant’s Changed screen and adhere to any instructions given to resolve errors or conflicts.
- Press Close once you complete.