Transferring from Wave to Quickbooks

@sammisixx 

You may have 2 options:

1. Utilize an importer tool

https://transactionpro.grsm.io/qbo

2. Purchase a 3rd party conversion service.

Check our profile name and send your business email address in a private message to us.

Some of Wave data may not converted:

* Budgets
* Track Inventory
* Description
* Classes
* Items
* QTY and sales price
* Fixed Asset
* Expense Claims
* Memorized Transactions
* Payment Terms
* Custom VAT Rates
* Invoice Templates
* Time Sheets
* Repeating Invoices after the "Convert To" date
* Deleted/Void Transactions
* Allocation of Invoices or Bills against credit notes
* Transaction lines with Nil Values
* Attachments
* Unreconciled Entry

Workarounds

* Chart of Accounts - Sub Accounts in Access Dimension are may be converted as Independent Accounts in QBO
* Chart of Accounts - Inactive Accounts, if used in Access Dimension in the conversion period may be turned as Active Accounts in QBO
* Open Receivable and Payable Invoices may be contain only single line showing the unpaid balance of Invoice in QBO
* Multiple Accounts Receivables in Access Dimension may be merged in single Account Receivable in QBO
* Multiple Accounts Payables in Access Dimension may be merged in single Account Payable in QBO
* Multiple VAT Accounts in Access Dimension may be merged in single VAT Account in QBO
* Custom Sales Tax Rates may be converted into standard Sales Tax Rate with "Tax Adjustment" entry as separate line item in QBO
* Inter Bank Transfers may be converted through a Clearing Account in QBO
* Clearing Account may be used in QBO for transactions where Accounts Receivable, Accounts Payable are passed as Journal Entry in Access Dimension
* Transactions without any contact / payee name in Access Dimension may be transferred as "No Name" contact in QBO
* System Accounts like Retained Earnings, Sales Tax Account, Realized Currency Gains may be used in QBO for their counterpart accounts in Access Dimension
* Rounding can be different in QBO and Access Dimension because of the data precision techniques used in both software’s

I use something called Saasant to export/import my Quickbooks data from a program called RFMS.
It has been easy to use and I have received very prompt, practically immediate, effective support when I have had any issues.
https://www.saasant.com/ I felt the cost wasn't that bad compared to its competitors.

Hi, I have a question about the Wave to QBO migration. I successfully managed to transfer the Wave data to QBO via Journal Entries (Wave provided Transactions in their Export option) is just that some reports esp the Sales in Business Overview are not showing up. What can I do about it? Is it okay to import the Invoice CSV file that Wave provided, then delete the journalized invoice that I've added?

Hi, I have a question about the Wave to QBO migration. I successfully managed to transfer the Wave data to QBO via Journal Entries (Wave provided Transactions in their Export option) is just that some reports esp the Sales in Business Overview are not showing up. What can I do about it? Is it okay to import the Invoice CSV file that Wave provided, then delete the journalized invoice that I've added?

Happy to connect with you here in the Community, @jeyasayas14. A warm welcome, and looking forward to a great business with you in the future.

I agree with you. You can import the Invoice CSV file that Wave provided, then delete the journalized invoice you added. Ensure that the details and fields match what's in your QuickBooks Online to import them correctly and successfully. It is also part of mapping them during the import process.

You may utilize these articles to help you import multiple invoices to QuickBooks Online in one go: 

• Common questions about importing data to QuickBooks Online.
• Import multiple invoices at once in QuickBooks Online.

For additional QuickBooks-related concerns, don't hesitate to post them here in the Community. We're always available and willing to lend a hand to your queries. Have a great day ahead.

Thank you! I have one more question.

We transfer our data from Wave to QBO. Wave provided a CSV file for all the transactions made. We imported the file as a journal entry. All information, transactions, invoices and etc are in Journal Entry form. Every time I create a new invoice for a customer, this one pops up (which means there's a transaction in Wave that happened which is a payment from another invoice) So, is there anything I can do here to rectify this or fix it?

Hello there, @jeyasayas14. I'm here to share insight into this topic and being able to resolve this issue within the invoice section.

Since QuickBooks Online receives only the data, I recommend reaching out to your third-party support to confirm why this happens and ask for any remedies to resolve this issue.

To learn more about using QuickBooks Online, managing your account, and handling invoices and subscriptions, see this article for additional references: Manage billing, payment, and subscription info in QuickBooks Online.

There you go. I'm excited to provide more information on any QuickBooks-related topic. Please add it in the comment section. May you have a great day.