How to Convert Quicken Data to New a QuickBooks Pro 2009
Converting Quicken to a new QuickBooks Pro 2009 file is simple. There are some steps to take before the conversion, but after that, the process is straightforward.
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Things You'll Need
- List of Quicken online transactions, customer names and vendor names
- QuickBooks Pro 2009
Instructions
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Prepare the Quicken data for conversion
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Make a backup copy of the Quicken data before continuing the steps. Once the conversion is done, the Quicken file will not be available.
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Delete the accounts in Quicken you do not need anymore. Once in QuickBooks, accounts that contain transactions cannot be deleted.
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Update the customer names and vendor names in Quicken to make sure each customer and vendor has only one consistent name in use.
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Review your online transaction accounts and make sure these will be available when using QuickBooks. Check with your bank or financial institution to see what is required to support the QuickBooks transactions. You may not use the same online banking account for both Quicken and QuickBooks.
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Make all outstanding online payments, both for vendors and the bank, before doing the conversion.
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Delete the repeating online payments.QuickBooks does not support the repeating online payments. In QuickBooks, the payments are handled as Scheduled Transactions. If these are imported, QuickBooks will not allow you to delete or modify them. After the conversion, you can set up your online accounts in QuickBooks.
Convert the Quicken file to QuickBooks Pro 2009
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Open QuickBooks and choose FILE, then UTILITIES, then CONVERT, and choose FROM QUICKEN.
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Select the Quicken file you want to convert to QuickBooks.
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Follow the QuickBooks prompts to complete the conversion.
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After the Quicken file is converted, set up the features in QuickBooks you want to use.
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Set up your company information in QuickBooks. Choose COMPANY, then COMPANY INFORMATION and enter the information.
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Access the Accounts Payable module of QuickBooks. Look for the vendor names in the Other Names list and convert these to Vendors.
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Tips & Warnings
All transfers to and from any deleted accounts will be converted as transactions to the opening balance equity account in QuickBooks. After the Quicken conversion, QuickBooks will display a list of every payee name that was not used in an account.
If you missed changing customer and vendor names, variations may appear in the Other Names list. Choose LIST, then OTHER NAMES, and display the list. Highlight the name you want to change, and choose EDIT OTHER NAME from the OTHER NAMES drop down. Rename the other name to match the vendor name. The message will display "Name is in use. Do you wish to merge them?" Choose "Yes".
References
Resources
- Photo Credit preparing the file image by Pix by Marti from Fotolia.com
