Sage 50 Conversion - Income Statement Empty (w/Retained Earnings adjustments instead)

Hi ChiColorLabel,

Welcome to the QuickBooks family!  QuickBooks Desktop is designed to help you streamline your work.  I'd be happy to help and make sure you're able to experience this benefit!

I'd recommend importing the items again to ensure you have a positive outcome when running your reports.  To move the data from Sage 50 you'll need to export it as a csv/xls file or as an IIF file. You'll find ways to import and export data in QuickBooks Desktop here.  

Please feel free to contact us if the outcome remains the same and you'd like additional assistance.  It would be our pleasure to work with you directly and ensure you reach your QuickBooks goals!

For any other questions, please reach back out.  We'd be glad to assist!

The data is in QuickBooks. It looks like QuickBooks took all of my YTD transactions in the P&L and moved them to Retained Earnings for each closed year in Sage, leaving me without history in my P&L.

Hi ChiColorLabel,

Thanks for returning to this thread with the additional information.  When a new fiscal year begins the net income from previous fiscal years is applied to the balance sheet and as you've mentioned, they were closed prior to the conversion.  I recommend contacting us as mentioned previously, so we can look at the items together to determine what's causing the outcome on your end.

Please don't hesitate to reach back out with any other questions.  We're here for you!