Question

You have just engaged a new client who has been in business for over a year and has been using Excel to track her monthly business activity. Which 2 QuickBooks Online features can help her get the data quickly into the new QuickBooks Online company? (Select all that apply) Use File upload tool in the Banking Center to upload banking activity Select Transfer under the Create (+) menu Select Migrate Data in the Account and Settings menu Import lists using the Import Data Tool

Answer 1

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Answer 2

Select Transfer under the Create (+) menu and Import lists using the Import Data Tool can help her get the data quickly into the new QuickBooks Online company.

• Transfer under the Create (+) menu: This feature allows you to transfer data from another QuickBooks account into your new QuickBooks Online company. You can use this option to transfer lists, such as customers, vendors, and chart of accounts, as well as transactions, such as invoices, bills, and bank transactions. This option is useful if you want to start fresh with a new company but still want to keep important data from your previous company.

• Import Data Tool: This feature allows you to import lists and transactions into QuickBooks Online from other sources, such as Excel or CSV files. This option is useful if you want to bring in data from other sources, such as an old accounting system or manual records, into QuickBooks Online. The import tool provides a step-by-step process to help you import your data accurately and quickly into QuickBooks Online

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