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QuickBooks Enterprise to premier conversion

QuickBooks Enterprise to premier conversion

If you’ve been using QuickBooks Enterprise but have recently realized that it’s overkill for your requirements, you might only need QuickBooks Premier or even Pro if you’re only using the fundamental features. Given that it costs at least $85 per month, the new QuickBooks Enterprise (QBES) subscription model may have made it prohibitively expensive to continue in that direction. To upgrade QuickBooks Enterprise to Premier or Pro, it might be time.

No conversion to Pro or Premier format is available in QBES. You were unable to downgrade before now. Just now, we discovered a clever, practical method for using QuickBooks Online (QBO) as a pass-through conversion tool, which can be applied in straightforward situations. The process entails importing your QBES data into QBO and exporting it again to a Desktop version (QBDT) of your choice.

QuickBooks is a top choice for owners of small businesses looking for a desktop program to handle all of their accounting requirements. Choosing the best QuickBooks solution can be challenging, though, because there are so many options available. We’ll outline the differences between two of the most well-liked choices on the market today in this article. For assistance in deciding which is best for you, read our in-depth comparison of QuickBooks Premier vs. Enterprise.

Comparison of QuickBooks Premier vs. Enterprise In a Nutshell:

You can install QuickBooks Desktop on your office computer, and QuickBooks Premier and Enterprise are subscriptions for that program. Both are robust tools if you manage a contracting, manufacturing, wholesale, retail, nonprofit, or professional services organization because they are loaded with features tailored for different industries. Additionally, they utilize 64-bit processors to speed up computing.

The midrange plan, Premier, provides a variety of reports and features for tracking income and expenses, and for invoicing and bill paying. Depending on which sub-plan you select, Enterprise includes all of that and more. In general, Premier is probably best for companies that don’t deal with a lot of customers or products, whereas Enterprise is best for bigger companies that manage larger inventories.

When contrasting QuickBooks Premier and Enterprise, the three main distinctions are cost, number of users, and reporting. If you choose the Diamond tier, Enterprise may cost you more than $3,600 more. That kind of upgrade is usually not worthwhile unless your company has several stores or classes that sell a wide variety of goods.

If you anticipate needing to use the software by numerous users, you should also consider the more expensive Enterprise. Only the first user can be added by Premier, but the remaining four can be added by Enterprise, which can add up to 40 users because these are charged in packages of five to ten. This makes it a good choice if you have many salespeople who need immediate access to inventory or the capacity to track their billable hours.

If you want an automatic setup, Premier works fantastic. But with its four distinct tiers, Enterprise gives you the option to choose what’s crucial for your business.

Before starting, keep these in mind:

  1. The size of your QuickBooks file is irrelevant; it must be under 350,000 targets.
  2. For information on how to reduce it, see Trimming your QuickBooks Windows file for import.
  3. Given that Enterprise is designed for large files, you should probably stick with it if you have more than 350,000 users. Your history is erased and corruption may result when you condense your QB file.].
  4. You must register for a free trial of QuickBooks Online at https://accounts.intuit.com/app/sign-in.
  5. Only the first 60 days after the start date of your QuickBooks Online company are available for the import of QuickBooks Desktop data. Your QuickBooks Desktop file will replace your entire QuickBooks Online file and erase all previous data if it is imported.
  6. You must have the Quickbooks Online account level of Administrator.
  7. To access your Desktop file, you must be logged in as the Admin user.
  8. Internet Explorer is a Windows requirement. It won’t work with other browsers.
  9. If you experience any difficulties importing the file,
  10. Before moving, be aware of significant variations and unsupported features.

Tips For users of QuickBooks Enterprise:

Moving data from QuickBooks Enterprise to QuickBooks online is not officially supported by Intuit, and data loss could result.

You can use many cutting-edge features that are not offered by QuickBooks or QuickBooks online if you are an Enterprise user. Moving won’t likely be an issue for you if, in some cases, you ended up in Enterprise by accident or were only using the bare necessities. In all other circumstances, though, you really should think about whether QuickBooks online the right choice for your company by is taking a look at Intuit’s import restrictions above and first taking a test drive of the necessary features.

[Be aware that your calculations will change if you are running inventory. In contrast to QB Enterprise, which typically uses FIFO (first in, first out) to calculate COGS. You return to Average Cost when you round-trip to Pro or Premier. Your inventory assets and COGS may differ from what they were before conversion. It might be necessary to file a form with the IRS, so please consult your accountant.].

When You’re Ready to Upgrade QuickBooks Enterprise to Pro or Premier:

  1. Register for QuickBooks Online.
  2. On your local computer, create a backup of your Enterprise file. Create a second copy using the backup by restoring it, then use it to continue working. Your original file is safeguarded in this manner in case something goes wrong. Additionally, rather than using the server, you are now using your local copy.
  3. Launch QuickBooks Enterprise Solutions and go to the Home page.
  4. The Product Information window will open when you press Ctrl 1.
  5. Press Ctrl b then Ctrl Q after the window has opened.
  6. To close the Product information window, click OK.
  7. An automatic display of the screen below is expected. Try Step 2 once more if you don’t see this screen.
  8. Enter your QuickBooks Online log in credentials, check the box next to the Terms of Service, and then click Submit.
  9. Choose the online business where you want to import your data.
  10. If your company file is too big to import, you might only have the choice to import lists and balances. Continue to the next step below if you don’t see this screen.

If QuickBooks freezes or becomes unresponsive while the import is in progress:

  • Open Internet Explorer first (the non-64-bit version if you have two), then follow the instructions to enable or disable the necessary settings:
  • To access the Tools Menu, hold down the ALT key and T. From here, select Internet Options from the menu at the bottom of the page, then select the Security tab from the menu at the top and de-check the Enable Protected Mode box.
  • On the same page, select Sites and enter https://accounts.intuit.com/app/sign-in and https://lvdc one at a time. Click Close after adding qbo.intuit.com to the Trusted Sites.
  • Click the Internet Zone, which has a picture of a globe, on the Security tab while you’re there. Set the security level slider to Low or Medium.
  • Click Apply and then OK. Before attempting to perform the import again, now close and reopen Internet Explorer.
  1. Try the import again after completing the aforementioned steps. If a pop-up appears asking you to visit qbo.intuit.com and if you trust this site, please select Yes to proceed with the import flow.
  2. Hit “OK, Got It.”. When your data has finished converting and you can log back into QBO, look for an email from Intuit.
  3. Verify that your data was properly transferred by comparing the Profit and Loss and Balance Sheet standard reports for All Dates in QBO and QuickBooks Enterprise.

Exporting data from QBO to QBDT Pro or Premier:

  1. Once your file is operational in QBO, export it using Internet Explorer as a backup for your desktop. The browser window’s URL should be changed to https://accounts.intuit.com/app/sign-in.
  2. Make sure ActiveX Controls are installed by following the instructions. Then click Next.
  3. Choose All Financial Data to convert your entire file. Selecting this option will bring over balances but not transaction history if you want to start over. You can always consult your previous QBES file if necessary.
  4. Once the file has been exported, the next step is to Convert it.
  5. Select a company to open by opening QBDT to that screen.
  6. Click the Convert the file from QBO button in QBO.
  7. Once you’re done, don’t forget to cancel your QBO trial subscription…although you may want to poke around. A lot of people love QBO more than Desktop.
  8. Once the import has finished, you will want to restore your browser to its default setting. Do this by opening up Internet Explorer and following these steps:.
  9. Press and hold ALT+T to get to the Tools Menu. From here go to Internet Options at the bottom, then go to the Security tab at the top.
  10. Click Reset all zones to default level, then click Apply, OK, and close Internet Explorer.

Conclusion:

QuickBooks Enterprise who know you’re not using any Enterprise-specific features, and have wished there was a way to simplify, use this workaround to import your file into QuickBooks Online and then export it back out again, solving your problem. Follow the prompts – sometimes the window appears behind other windows, so look for it!

In the end, QuickBooks Premier and QuickBooks Enterprise are both potent tools for small businesses. Most businesses won’t need anything more than QuickBooks Premier if they don’t have a lot of clients, locations, or inventory. However, QuickBooks Enterprise can make tracking everything much simpler for businesses with more workers, products, or projects.


FAQ


1. Is QuickBooks Enterprise to Pro conversion possible?

No, you cannot switch from QuickBooks Enterprise to Pro. Because QuickBooks Enterprise and QuickBooks Pro are different products, they are incompatible. QuickBooks Enterprise is made for companies that require more sophisticated features and functionality than QuickBooks Pro provides.

2. Are QuickBooks Enterprise and QuickBooks Pro compatible?

QuickBooks Enterprise and Pro are incompatible with one another. For larger businesses, there is a version of QuickBooks called QuickBooks Enterprise that is more capable and powerful. A more stripped-down version of QuickBooks aimed at small businesses is called QuickBooks Pro.

3. If QuickBooks Enterprise was upgraded to Premier or Pro, when would that be?

It might be too expensive to continue in that manner given the new QuickBooks Enterprise (QBES) subscription model’s cost of at least $85 per month. To upgrade QuickBooks Enterprise to Premier or Pro, it might be time. There is no conversion to Pro or Premier in QBES. You were unable to downgrade prior to now.

4. QuickBooks Pro/Premier can be transferred to QuickBooks Online, but is that possible?

Even though the file may now be in Pro/Premier, the combined results show that it is NOT the file you started with. This article contains one fact, as it states… Since moving data from QuickBooks Enterprise to QuickBooks Online is not officially supported by Intuit, data loss is possible.”.

5. What is the QuickBooks Desktop conversion process for company files?

QuickBooks Desktop must first be opened in a new window. The Company file that you want to convert should be chosen. Select Convert from the menu. As instructed, follow the window’s prompts. You must first launch Internet Explorer. Now press Alt and T simultaneously. Press the Tools menu at this point. Click the Internet Options button right away.

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