QuickBooks Online (QBO) and QuickBooks Desktop (QBDT) vary in features and functionalities. This is why certain data cannot be moved, leading to potential variations in your account balances, Pathan.
To ensure the accuracy of your data transfer, it's important to verify your information by comparing reports. Please take a moment to review them to confirm that the data has been transferred correctly:
- Trial Balance - All Periods
- Summary of Customer Balances - All Dates
- Balance Sheet Report
- Summary of Supplier Balances - All Dates
- Sales Tax Summary for the Most Recent Period
- Additional reports you may be interested in reviewing.
Since some features are not available in QBO, please make sure to select All Dates when running these reports and change your accounting method to Accrual to ensure that the account balances match.
Access this article to gain facts and insights about the features, terminologies, data, and other preferences of QBO and QBDT: Learn how features and data move from QuickBooks Desktop to QuickBooks Online.
If you are having a hard time with reconciliation at the end of the month or annually, please refer to this article: Reconcile an account in QuickBooks Online.
We're here to help you navigate any concerns you have about the differences in your account balances after moving to QBO, don’t hesitate to reach out.
