Hi There ,
I am trying to convert the Desktop Pro to Quickbooks online Plus and I am unable to locate the P & L report in the desktop version . Where can I locate it ?
Welcome back! Comparing the data between QuickBooks Desktop and QuickBooks Online is a great way to make sure that your data has transferred over from one to the other. Reports such as the Profit and Loss Report are a useful tool in this instance, and I'm happy to guide you to where to find it in QuickBooks Desktop.
Using the Reports Centre, QuickBooks Desktop makes it easy to find the reports you need. As one of the essential reports to a business, you can even access it from the Reports drop-down menu.
Pretty simple, right? Here's an article about customizing Desktop's reports in case you need it: Customize reports in QuickBooks Desktop
I've also got a few more articles for you to help with the QuickBooks Desktop to QuickBooks Online process. Feel free to take a look at them at your leisure.
Don't be afraid to stop by again with more questions. Enjoy your day.
Thank you , very helpful indeed.
I have another question if that is ok . My client is subscribed with QBO plus and has 5 computers to be transfered from Desktop to Online . I need to know how i can add a company without replacing the existing one once i start transfering from each individual computer .
I'm glad to be able to lend a hand! You have a great followup question an I can absolutely help you with this as well.
The first thing to make note of here is that QuickBooks Online operates differently than QuickBooks Desktop when it comes to subscriptions. While a single QuickBooks Desktop subscription can create and use multiple company files, QuickBooks Online's subscriptions are a one-to-one scenario. One QuickBooks Online subscription means one set of business data in the account.
To have multiple sets of business data will mean having multiple QuickBooks Online subscriptions. For ease of access, your client be able to set them up with the same login credentials to be able to switch between them without having to log out and back in. Check out the Add a company subscription section of the following article to learn how to do that: Create a new company and add subscriptions.
If by "5 computers" you mean 5 different company files need to be transferred to QuickBooks Online, creating 5 QuickBooks Online subscriptions is the way to make it happen. They don't need to each be the same level of subscription, so considering the needs for each business can help with choosing the right plan for them. Your client can also consider getting in touch with our sales department to learn about possible multi-company discounts if he's going to continue to pay for his own billing. The sales team can be reached at 1-888-829-8589 from 9 a.m. to 6:30 p.m. ET, Monday to Friday.
I'll keep an eye out for more questions from you if you'd like clarification about any of that. :)
Another good question! When a single user ID is associated with multiple subscriptions, keeping track of and switching between them is pretty easy. I recommend naming the accounts based on the business name so that it's clear which account is which.
When it comes to accessing the accounts or switching between them, here's how it's done. Each time the client logs in using those credentials, they'll see a list of accounts associated with that login. From that list, they simply pick which one they need and off they go. To switch between the accounts, they would go to the Gear icon in one account, choose Switch Company, and they'll be brought back to that list to choose which account they'd like to access next.
Here are a couple more articles that might help. I'm also including one about how accountant users can switch between client files since I suspect you may be looking to do that as well.
How to switch between companies (Accountant users switching between client files)
Hope that helps!
Thank you again,
I was wondering, since my client have 5 computers to migrate into 5 different company files , all under his own account, Is it possible to make them migrate all simutaniously to make the work go quicker?
It's my pleasure! When it comes to migration, your client should be able to do them at the same time, yes. Since it's 5 separate company files going to 5 different accounts, the processes won't cross over each other—so long as he's making sure to transfer the data into the correct QuickBooks Online accounts, of course. Depending on the sizes of the files, some might transfer more quickly than others, but he shouldn't have a problem with migrating more than one at a time. Let me know if he does and I can look into it.
I apologise to be asking so many questions in a subject that is mainly for Reports.
I am looking for the the pro tax trial , where can i find it? I have a few clients wanting tax services .
Hello again. Answering questions is what I'm here for, so no apologies needed. :)
Pro Tax is a great tool for helping your clients with their taxes as it allows you to produce and file T1 and T2 forms. It's available in QuickBooks Online Accountant (QBOA), where you'll see it as an option in the upper section of the left menu bar.
If you're not using QBOA, I recommend considering it. The account itself is currently free in Canada and provides you with the tools you need to help your clients with their books. Pro Tax is an add-on service with its own billing that you can consider.
As always, I have some resources for you that should help you with this.
Take a look at those and let me know if you need more information. I've got your back.