General questions about QuickBooks Online
What is a QuickBooks Online account?
QuickBooks Online accounts are wholly on-line and accessed with a web browser. The explanation and sign-in info are separate from QuickBooks Desktop .
Does QuickBooks Online sync with QuickBooks Desktop?
No, QuickBooks Online is wholly independent from QuickBooks Desktop.
Is my data safe in the cloud?
Intuit takes security very badly and ensures your data is secure and available to you when it ‘s in the defile .
Learn about importing data to QuickBooks Online
How long will the move take?
The time needed to move your data to QuickBooks Online varies depending on the size of your company file. Make indisputable to keep QuickBooks Desktop running until the go is done .
What happens to my existing data in QuickBooks Desktop?
nothing changes, we merely copy the datum to QuickBooks Online. Going advancing, you ‘ll input new data in QuickBooks Online. You ‘ll still keep the QuickBooks Desktop company file with your data, but can only access this data with an active QuickBooks Desktop subscription. Learn how to move your QuickBooks Desktop file to QuickBooks Online .
How do I fix errors when moving from QuickBooks Desktop to QuickBooks Online?
If you get an erroneousness while moving to QuickBooks Online, refer to these common errors and how to fix them .
How can I verify my data imported correctly?
Run a profit and Loss report or a Balance Sheet report in QuickBooks Online and QuickBooks Desktop and compare the two. here ‘s how to run the reports and compare everything .
What should I do after I move to QuickBooks Online?
here are some steps you should take after moving your QuickBooks Desktop file to QuickBooks Online.
About your QuickBooks Online account
How do I recover my QuickBooks Online account?
If you forgot your QuickBooks Online sign-in, you can reset your sign-in information .
How do I create a new company file in QuickBooks Online?
You can have multiple companies under your QuickBooks Online account. You ’ ll need a paid subscription for each caller, but you use the like sign-in information for all of them. here ‘s how to add or create a new company .
Can I subscribe, then change my plan later?
Yes, here ’ s how to upgrade or downgrade your subscription .
About tracking inventory in QuickBooks Online
What’s the difference between FIFO and average cost inventory methods?
QuickBooks Desktop uses Average Costing to track inventory cost, while QuickBooks Online uses First-In, First-Out ( FIFO ). Learn more about the difference between Average Costing vs FIFO and the best way to analyze inventory costs .
How will changing inventory methods impact my business?
QuickBooks Online calculates armory costs from the inventory startle date using FIFO. Any existing transactions on or after this date are besides recalculated under FIFO. Because of this, we recommend choosing an inventory start date using the beginning sidereal day following your company ‘s last tax file period to avoid filing amended forms.
You ‘ll besides need to let the IRS know you ‘ve changed your inventory costing method. Learn more about what you need to do after changing inventory methods .
What do I need to do if I don’t bring over my inventory?
If you prefer not to use FIFO or turn on inventory in QuickBooks Online, choice No, don’t turn on inventory and don’t track quantity on hand during the motion. You can change these settings later, but if you do, you ‘ll need to set up raw inventory items. We recommend that you reach out to your accountant if you need help with this decision .