The final step in the conversion process is to verify that all of your data was successfully imported into QuickBooks Online. To do this, you need to run a profit and loss report and a balance sheet report in both QuickBooks Online and Desktop. For instructions on how to run these reports in QuickBooks, head over to Chapter 12, Business Overview Reports. Be sure to use the following report parameters:
- All dates
- Accrual accounting method
Compare the reports to see if they match. If they don't, contact the Intuit support team by clicking on the Help menu in your QBO file and then selecting the option to chat with a support representative, or contact them by telephone. A support representative will assist you with troubleshooting any out-of-balance issues.
Once you have verified that your data was successfully converted to QuickBooks Online, you are ready to start using QuickBooks Online to manage your bookkeeping. You should...
