Small to medium sized business owners are making the switch to QuickBooks Online. QuickBooks has teamed up with Dataswitcher to bring you a new and simplified way to transfer your clients’ small business data.
Thanks to Dataswitcher, moving your clients’ books to QuickBooks is easy as 1,2,3. Learn how to automatically transfer your client’s data from Sage50 and Xero over to QuickBooks.
Benefits of Moving Data to QuickBooks Online with Dataswitcher
1. Complete picture of your clients’ books
Using Dataswitcher will allow you to get a complete view of all your clients transactions and financial records over the past several years. Hand pick what historical data you need to get the job done – including historical transactions, supplier data and balances, and customer details. Dataswitcher will allow you to have all the information you need to give an accurate report on your clients’ and their companies financial status.
2. Easy transfer
Manually transferring your clients’ data can be a tiresome and monotonous task. Automating this process is easy and fast with Dataswitcher. No longer will you have to sift through pages and pages of data, instead Dataswitcher allows you to automatically transfer the data from Sage50 and Xero to QuickBooks Online seamlessly. You’ll have all of your clients’ previous data imported into QuickBooks, with a simple press of a button.
3. Improves workflow efficiency
Easy transfers mean that you can plan your time around your clients’ and firm’s needs. In fact, when making the move to QuickBooks, 90% of all successful migrations were completed in under 13 minutes, with all conversions completed within 48 hours. Dataswitcher gives you your time back, which means you’ll have more time to focus on tasks that matter to your firm.
How to Start Transferring Data to QuickBooks Online
1. Sign up for QuickBooks
Be sure to look up the best QuickBooks plan for you or your client. There are a couple to choose from, with different features and benefits depending on industry, employment, and more.
2. Prepare your clients’ old books
Before you make the switch be sure to prepare your clients books. It is important to give your legacy books a quick clean-up to make sure the transition is as smooth as possible.
3. Create a backup
It is always a good idea to create a backup of your clients’ files. Be sure to save your backup files to a secure external hard drive or in another place that is easy to locate, as it will be used to upload into QuickBooks.
4. Reconcile bank accounts and sales tax
Be sure that your clients reconcile all of their bank or credit card accounts to the most recent statement as possible. This will make the transfer more organized and will be used when you are preparing the post-conversion reconciliation in the QuickBooks company file.
Your clients should also file their quarterly sales tax return for the remaining quarter. If you use cash-based accounting, it is advised to migrate right after the close of a tax period. This will save you a lot of work in the post-conversion process.
5. Use self-serve tool
Once you’ve followed the previous steps you can follow the steps outlined by the self-serve tool to get your transfer started.
Dataswitcher is a great tool to transfer your clients’ information from their current accounting software to QuickBooks Online. You and your clients can take advantage of all the QuickBooks features, including the inventory and expense tracker, financial records, cash flow projections, and more. Connect to your account manager to learn more about converting your files today.