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LuvsAccounting
Level 2

Possible to import T5018 vendor data from Quickbooks to Profile?

We have a new client that has 94 T5018 vendors in Quickbooks.  Is there a way to import the data from Quickbooks to Profile for the T5018 return (vendor name, address, BN, amount)?  I can't imagine that the only way is to enter everything into Profile manually, is it?  Thanks in advance!

3 Comments 3
Mario B
ProFile Team

Possible to import T5018 vendor data from Quickbooks to Profile?

Unfortunately, no its not possible.

LuvsAccounting
Level 2

Possible to import T5018 vendor data from Quickbooks to Profile?

Hi @Mario B!

Thank you for the response, although it's a highly disappointing one.  Are you saying that the only way to do this is manually entering the info for each T5018 vendor?  Is there some workaround that takes a bit of time but is ultimately worth it so I don't have to enter almost one hundred vendors from scratch?  Profile and Quickbooks are both Intuit products; I feel like there must be some way of doing it without having to resort to manual entry.

Thanks for your help!

Mario B
ProFile Team

Possible to import T5018 vendor data from Quickbooks to Profile?

You can not import from QBO to Profile except for the S125 and S100 for T2 returns. For FX , you can not import anything. If you do it for a specific tax year in profile, then you will be able to carry forward next year. I recommend that you send feedback from the Help menu in Profile then send feedback.