We are currently using QB Desktop Enterprise Version. Our current comany size is 3.2GB. We have almost 62K transactions per month with 35K Active customers bucket. We wanted to migrate to QB Online version. Is it possible for us to Migrate to QB Online. And if we only move closing balances to QB Online, will QB online supports this much working data per month ?
Why do you wish migrating to QB Online? You may deploy a private cloud or put your license and company files on a QB cloud hosting if required. But should you prefer migrating to QB Online, hit f2 and make sure your Total Targets < 350K prior to migrating to QBO.
Otherwise, you have to condense your company file to lower it or purchase a 3rd party condense service.
If the data file has more than 350,000 targets, the file will need to be SuperCondensed first. It can then be converted to QBO.
The SuperCondense service will shrink the size of your data file to almost 50-80% of the original file size which boosts performance, offers stability, speed and keeps you under the under the 14,500 name limit for Pro/Premier, helps you upgrade to new versions of QuickBooks easier and also enables you to convert to QuickBooks Online with ease.
Use a professional third-party conversion provider for a solution. PM me for more info.