Using the Beginning Balance Transfer Tool - Accounting Software Secrets
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Using the Beginning Balance Transfer Tool

Using the Beginning Balance Transfer Tool

Using the Beginning Balance Transfer Tool


Export From Source

Open Source Company, Export New Data, and View Export Report.   This third step is option, but it will highlight if there are any potential problem areas.

Import Into Destination

Then, Open Destination Company (it will automatically close the source company prior to opening the destination company), Import New Data, and View Import Report.  The import report details exactly what was imported into the file.

Error Correction

At this point, if there were any errors, it is possible to either correct the situation or to manually enter the few remaining transactions.  In our inventory test, the inventory valuation detail report from the source company and destination company matched exactly with no errors.   In our case study there were errors that needed to be addressed.

More information on this topic

QuickBooks Transaction Copiers