You have to call and ask Intuit Data Service to convert it. For most of cases, we had our clients purchased a 3rd party convertion service. However, since their conversion tool needs to talk to the QuickBooks software, they had to work within the limitations it imposes. This means that there were some things our clients had to do post-conversion. The following information was not converted:
- Bank Reconciliation (You will need to do a single bank reconciliation after the conversion. They will send you instructions to do this.)
- Paychecks are converted as Journal Entries (Importing Paychecks is not supported by Quickbooks)
- Employee YTD information
- Employee Payroll setup data is not converted (Sick Pay, Vacation, Direct Deposit information, Pay rates, Tax setup including Withholdings, Deductions, etc.)
- Individual employee wage or deduction information
- Custom templates
- Jobs are not attached to transactions
- Budgets
- Fixed Asset Items (This is only applicable if your Sage 50 data file is linked to Sage 50 Fixed Assets)
- Work Tickets
- Posting and Non-posting transactions after the current date are not converted
- Closed or partially closed Sales Orders, Purchase Orders, and Estimates
- Sales Tax items are converted to Quickbooks but Customer Sales Tax defaults are not assigned to customers.
- They will try to map every available field in Sage 50/Peachtree to the corresponding field in Quickbooks. In some cases, fields are not compatible and are not transferred over. You will need to manually enter such fields after the conversion. Examples of such fields are vendor default account numbers, preferred vendors for inventory, multiple shipping addresses for customers, and default Customer Sales Tax settings.
Hope it helps.
