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aldandes-buffalo
Level 1

I am using the wrong version of Quickbooks. How do I switch to another version?

For instance, I have an "Expenditures" tab when I should be seeing "Expenses."
5 Comments 5
Fiat Lux - ASIA
Level 15

I am using the wrong version of Quickbooks. How do I switch to another version?

Do you have a QBSE or QBO account?

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

 

MarsStephanieL
QuickBooks Team

I am using the wrong version of Quickbooks. How do I switch to another version?

Hi there, @aldandes-buffalo.

 

This happens when you have set up your Tax form and Industry to a Non-profit. I'd be glad to show you how to verify this.

 

  1. Go to Settings and select Account and Settings.
  2. Click the Company tab.
  3. Select the Company type section and verify the Tax form and the Industry.
  4. If the business type isn't supposed to be a non-profit, then you can change it by clicking the drop-down button of the Tax form.
  5. Enter the correct type in the Industry field.
  6. Select Save and Done.

I've added a screenshot for your additional reference.

 

 

 

Once the changes are made, the entity and report labels are updated in 2-3 business days. Also, I'd like to share some several terminologies changed when your company is set up to non-profit:

  • Profit and Loss and Balance Sheet become Statement of Activity and Statement of Financial Position.
  • Invoices become Pledges.
  • Income and Expenses become Revenue and Expenditures.
     

To know more about this, you can check out this detailed guide on these articles: Configure an account for a nonprofit organization or Charities and Nonprofits.

 

I've included this article for your future task whenever you need to track the different aspects of your business in QuickBooks Online: Run reports in QuickBooks Online. This also contains sub-articles such as memorizing and customizing the reports that can help you get the information you wish to assess.

 

You can always get back and tag my name in the comment section below if you have other concerns or questions. I'd be happy to lend a helping hand. Take care and have a beautiful day ahead.

Str8razor
Level 1

I am using the wrong version of Quickbooks. How do I switch to another version?

I am currently using self employed and I want to use small business online as I have a couple of employee and I need to add them on.  I am still in a trail period.  So how do I upgrade this and change it over

Rubielyn_J
QuickBooks Team

I am using the wrong version of Quickbooks. How do I switch to another version?

Congrats on your growing business, @Str8razor.

 

It's my pleasure to walk you through the process of upgrading from QuickBooks Self-Employed to Online. This way, you can add your data and employee to it. 

 

The first thing we need to do is to save your financial reports to hold on to your work for your records. 

 

  1. In QuickBooks Self-Employed, go to the Reports menu.
  2. In the Tax details section, choose a tax year.
  3. Click Download to get a Tax Details report.
  4. Download a report for each tax year you have in QuickBooks.
  5. Redo the following steps above for your Profit and LossMileage Log, and Receipts.

 

Then, move your data into QuickBooks Online. Let me show you how:

 

  1. Go to the Gear icon and choose Billing info.
  2. If you see the Explore QuickBooks Online plans, click it to start the upgrade.
  3. Select Switch plan or Choose plan for the QuickBooks Online subscription you want.
  4. Follow the on-screen steps. 
  5. Click Bring my data if you want to choose which data you move over. 
  6. When you're ready, select To QuickBooks Online
  7. If you see a billing info review screen, choose Change plan to start.

 

If you don't see Explore QuickBooks Online plans, it means you'll need to manually move your data. For the detailed steps, please see this article: Switch from QuickBooks Self-Employed to QuickBooks Online. 

 

When it's done, you can start your new accounting experience in QuickBooks Online. To learn more about its functionality and features, you may check out this article: Get started and adjust settings after you sign up for QuickBooks Online.

 

Feel free to get back to this thread if you need further help to navigate your QuickBooks Online account. I'll be happy to assist you again. Have a wonderful day!

Fiat Lux - ASIA
Level 15

I am using the wrong version of Quickbooks. How do I switch to another version?

@Str8razor 

You should open a new blank QBO account and migrate your data manually.

https:// quickbooks.grsm.io/US

https:// quickbooks.grsm.io/us-promo

 

Otherwise, purchase a 3rd party migration service.

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