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Writer's pictureAlex Luis

What is QuickBooks Conversion Tool and How to Use it?

 




QuickBooks Desktop offers a wide range of features and tools, one of which is the QuickBooks Data Conversion Tool. This tool allows you to convert your company's files from a variety of programs. What's even better about this tool is that it can handle any kind of conversion task, regardless of complexity, without compromising data security. You can use this tool to convert QuickBooks 2017 to QuickBooks Desktop Premier 2018, Pro 2018, or QuickBooks Desktop Enterprise Solutions 18.0. Simply put, the QuickBooks conversion tool helps you convert your company's files from one program to another. This tool does not compromise the security of your data. If you want to know how to use the QuickBooks Desktop Conversion Tool, read this article carefully till the end.


Advantages of QuickBooks Desktop Conversion Tool

·         This tool enables a setup process for converting QuickBooks files.

·         Another advantage of this tool is that the conversion tool does not modify the current/existing data files.

·         It is also useful for understanding the current situation of the company.

·         This tool typically imports data from a new QuickBooks company.

·         This tool creates a log for each conversion, making it easier to manage records systematically.

·         Provides import list selection.

·         This helps you list your positive/minus balances and past transactions at once.

·         If the tool guarantees that the security of the data cannot be compromised during the conversion.


 How to download the QuickBooks Desktop Conversion Tool?

·         You must first download the QuickBooks Conversion Tool.

·         Browse to and open the folder containing the downloaded file.

·         Right-click the QuickBooks Conversion Tool icon and also select Properties.

·         In compatibility mode, you must select the Compatibility Run this program checkbox and select your Windows operating system from the drop-down list.

·         You must click the OK tab.

·         Finally, right-click on the file.

·         Run QuickBooks ConversionToolSetup.exe and select Run as administrator.



Steps to Use the QuickBooks Conversion Tool

The following steps will help you get the most out of the Conversion Tool.

·         First, double-click the conversion tool to open it.

·         Then select one of the two options that appear on the screen:  My client Company or My own Company.

·         Select your accounting software.

·         Select Next, determine the company file, and click Next again.

·         Next, you need to select your QuickBooks product, navigate to the folder where you saved your company file, and click on the Next tab.

·         Follow the list displayed on the screen to advance to the conversion stage and click Next.

·         Next, you need to select the accounting settings according to date and company name and click on the Next button.

·         The final step is to check all the details again and click Start.

·         Once the process is complete, you need to click on the Finish tab.


Conclusion:

This blog concludes with the assumption that the information contained above may be useful in using the QuickBooks Desktop Conversion Tool. However, if you have any questions or need more information, you can contact us via a special hotline. Please contact QuickBooks Support Staff at +1-844-499-6700. Our team of US-based CPAs and accounting professionals will promptly answer all your questions.


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