Easily Replace Fileds from the New Company Setup Checklist

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How to Replace Fileds from the New Company Setup Checklist

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hey guys its Candice and in todays QuickBooks tips and tricks we are going to talk about creating a new company file and importing your old list so if youve already had a company file and you want to create a new one but you want to have the same list so you dont have to start totally from scratch how do you do that now theres two utilities theres a utility that you can do here where you condense data and you can go in and actually do you know create a backup copy file and then delete transactions instead what Im gonna show you today is how to go in and export your lists and then import them into the new file so its a brand new file the first step is to go under file go into the utility and export your list so export your list list to iif files and you can choose exactly which lists you want to import into the new one so you can choose from any of these whether you want to do your chart of accounts your customer list your vendor list your employee list customer types all of the

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How do I replace a company file in QuickBooks Online?

Go to Settings ⚙. Under Profile, select Switch Company. From the list, select the company you want to switch to.

How do I start a new QuickBooks file for an existing company?

Think of it as a way to create company file templates. Go to the File menu and select New Company from Existing Company File. Select Browse and find the company file you want to copy. Select the file and then Open. Give the copy company file a name. When youre ready, select Create Company.

Should I start a new company file in QuickBooks?

There are a few reasons why you might need to create a new company file: Your company changed from one business type to another (sole proprietorship to partnership, partnership to corporation, etc.). You want to combine different company files in one main file. You want to change how you track inventory.

How do I update my company files in QuickBooks?

How To Upgrade Your QuickBooks Company Files: Log into your server and launch QuickBooks. Choose to Open or restore an existing company. Choose to Open a company file then click Next. Browse to where your company file(s) is located. Click on your company file and click Open.

What information do I need to set up a new company in QuickBooks?

Checklist of what youll need to set up a new business in Company name, address, phone number, email address, etc. Business structure (DBA, C corp, S corp, etc) and Tax ID. Cash basis or Accrual based accounting. Bank account numbers and statements. Credit card account numbers and statements.

What does company file in QuickBooks contain?

When you create a company file, QuickBooks creates a file with a . qbw extension. This file holds your company file and account info. For example, if you create a company called MyBusiness, QuickBooks saves the company file as: MyBusiness.

Which pieces of information are required when you create a new company file?

Before You Begin Know Your Fiscal Year. Choose Your Conversion Month. Accounts List. Customer List Open Invoices (Accounts Receivable) Vendor List Open Purchases (Accounts Payable) Employee List Payroll Information. Items and Services Information.

What information is required before they set up a QuickBooks file?

You only need to enter your business name, industry, and business type and select Create Company File to create your company. You can enter this info later on. Select Detailed Start if you want to do a complete setup so all of your info is in from the start.

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