To guarantee that your financial data aligns precisely with your new QuickBooks subscription, Natalie57. Let me guide you on how to change your plan.
Yes, you can change your subscription to QBO, which is specifically designed for limited companies. Take note that all of your transactions, including those from past years, will be carried over during the migration. Once you download, all transactions will become visible. If you want to transfer your data to your new plan, ensure you download all transactions from QuickBooks Self-Employed, categorize any pending transactions, and mark all paid invoices. Let's download your work from QBSE so you have an extra copy. Here's how:
- Go to Reports.
- From the Tax details section.
- Choose a tax year, then select Download.
- Download a report for each year.
- Repeat these steps for your Profit and loss, Mileage log, and Receipts.
Once done, you can change your subscription. You can follow these steps:
- Navigate to Settings, and within the Profile column, choose Upgrade.
- Select Choose plan for the plan you prefer
- Review the feature changes, then click Sounds Good.
- To transfer your data to QuickBooks Online, select Bring my data. If you prefer to start with a clean slate, choose Start fresh.
- Review the summary of data that you will be transferring to QuickBooks Online.
- Click on Continue, followed by To QuickBooks Online!
- Verify your payment method, then select Change plan. If you need to modify the payment method, choose Edit.
- Provide or confirm a few business details to begin using QuickBooks Online.
For detailed guidance on each step, please refer to this article: Switch from QuickBooks Self-Employed to QuickBooks Online.
After completing the setup, familiarize yourself with the main features of QuickBooks Online by reading this article: Get started with QuickBooks Online. It also contains links to other how-to articles that will assist you with future tasks.
If you have any more questions about changing your subscription or managing your account, please don't hesitate to reach out. I'm here to help you. Take care.