It's a pleasure to have you in the Community, Digitalstagebooks. I’m excited to share valuable information about transferring data between your QuickBooks Online (QBO) accounts.
When you move your existing lists from one QBO account to another, there are selected transferrable data that you can import, including the following:
- Chart of accounts
- Customers and vendors
- Products and services
- Invoices and bills
- Bank and credit card transactions
Moreover, to ensure a smooth data importation, I recommend checking out this comprehensive article: Move your lists to QuickBooks Online.
Since you don't want to import and categorize every sales or expense transaction from 2021, you can lump sum the total account balances for the year using a Journal Entry. Consider seeking assistance from your accountant for this. They can use the financial reports from the previous company as a reference.
Furthermore, we’ve compiled some frequently asked questions about importing data here: Common questions about importing data to QuickBooks Online.
Remember, we're always here for any follow-up questions or concerns about this process to ensure your data transfer goes as smoothly as possible.
