QuickBooks 2014 Desktop trial

Convert a QuickBooks desktop multicurrency file to QuickBooks Online
How to convert a QuickBooks desktop multicurrency file to QuickBooks OnlineAre you a QuickBooks desktop customer who uses multiple currencies, and are now making the switch to QuickBooks Online? You should know that as of December 2015, you can now convert your multicurrency file using our regular export process.Just follow the steps below!

Step 1: Run the conversion process

  • Start the process in your QuickBooks desktop software.
    • Windows: Choose Company > Export Company File to QuickBooks Online
    • Mac: Choose File > Export > To QuickBooks Online
  • If you have already created a QuickBooks Online file, sign in. Otherwise, click “Create an account.” Note: If you’re using QuickBooks Online Accountant, we recommend creating your client’s file in QuickBooks Online Accountant first.
  • If you’re not using the latest version of QuickBooks desktop, you may be asked to confirm your home currency. Select the same home currency as the one you are using in QuickBooks desktop, and click Continue.
  • Continue to follow the onscreen instructions to complete the process. You’ll receive an email once your file has been successfully exported to QuickBooks Online.

    • QuickBooks desktop multicurrencyStep 2: Check your new QuickBooks Online file

  • Sign in to QuickBooks Online.
  • Confirm your home currency is set as the same as your home currency in your QuickBooks desktop file. Click the Gear > Currencies.
  • Compare your “Exchange Gain or Loss” reports to ensure your data has imported correctly:
  • Enter “exchange” in the search box.
  • For the account Exchange Gain or Loss, click Run report.
    • Note there can be minor differences in your “Exchange Gain or Loss” account between your QuickBooks desktop file and QuickBooks Online file, due to some rounding of currency exchange values.

    Notes

    • You can’t export QuickBooks desktop custom currencies to QuickBooks Online. You need to change the custom currency to one that’s supported before proceeding with conversion.
    • You may need to upgrade your version of QuickBooks desktop before you can start the export process. You can check for free updates to the latest QuickBooks desktop version (Windows: Help > Update QuickBooks; Mac: QuickBooks > Check for QuickBooks Updates), or download a free desktop trial.

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    Source: quickbooks.intuit.com December 20, 2016 – 08:00

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