I have a client that has two LLC's (with different tax ID's) under the same subscription but for tax reasons he needs to split them into two different subscriptions. Once the client creates the second subscription what the is best way to transfer the transactions for the old subscription to the new one and get them out of the current subscription? It is just one bank account that needs to be moved over but there are about 400 transactions in the bank account that need to be moved so I would like to avoid a manual transfer.
Thanks in advance.
I'm here to help you transfer your client's bank transactions, @LW222.
As mentioned by our Community backer Fiat Lux - ASIA, you can purchase a third-party app that can help you transfer the bank data or manually enter them to QuickBooks. For the list of apps that works with QuickBooks, see this article: QuickBooks Apps.
For other options, you can connect the other bank to the new QBO account or upload them using a CSV file. From there, you can add and categorize the bank transactions.
To connect a bank or credit card account, here's how:
For the complete steps, check out this article: Connect bank and credit card accounts to QuickBooks Online.
I've collected these articles that will help you categorize and delete duplicate bank transactions:
Please let me know if you have additional questions about the steps or anything else. It's our goal to make your use of QuickBooks as easy as possible. Take good care, @LW222.