Similar to QuickBooks Desktop products, you can save a backup copy of your QBO data with your QBO Advanced subscription. This feature allows your accountant or administrative personnel the ability to continuously back up data and then restore it back to a point in time as needed. Online backup and restore captures transaction data, list data, and other elements such as attachments, company information, exchange rates, and preferences. However, it does not record things such as custom reports, recurring transactions, and bank feeds.
Here is a brief description of the three types of backups available:
- Full backup: This type of backup saves everything in the chart of accounts.
- Incremental backup: This backup only saves changes made since the last backup was made.
- Complete backup: This backup saves everything, including company data.
After reviewing your options for backing up and restoring your QBO data, you should be able to use this information to...
