export quickbooks online to desktop for mac

Export Quickbooks Online To Desktop Portable By QuickBooks

If you just figuring out QuickBooks, start with the QBO format (see above).

Both variants import the QBO format as a common format, and each of them imports their set of formats.

QBO and IIF format are different: QBO (Web Connect) is to import bank transactions, and IIF is more low level import allowing to create various transactions between QuickBooks accounts.

Both formats have limitations read below to choose the most suitable format for you.

QuickBooks Online also imports OFX and QFX files (also good choice to import).

Export Quickbooks Online To Desktop Portable By QuickBooks

OFX and QFX formats are not importable by QuickBooks desktop.

Quickbooks Online (including Quickbooks Self-Employed) imports CSV files.

Once the transactions are imported, you review them and match to vendor records and assign expenseincome account.

It allows to supply more details about transactions like expenseincome account or class.

Unlike the QBO format, that requires matching under the Bank Feeds after QBO import, the IIF format requires vendor names, account names to be exact to what you have in Quickbooks otherwise Quickbooks will create new vendor and account records during IIF import.

IIF must have expense accounts supplied as you have them in QuickBooks.

Bank2IIF allows to do that through the category column or provide default expense account.

QuickBooks provides two Online Banking Center modes, completely be their user interface and actually how transactions are imported.

IIF import is done directly into QuickBooks transaction register.

Quickbooks accountant edition allows your accountant to create general journal entries for you, export them as IIF files, send to you and you import them into your Quickbooks.

Working in Excel with general journal entries is faster than directly in Quickbooks.

In addition, importing QBJ files creates audit record in your Quickbooks, so you can review easily created entries.

If your QuickBooks version is older than three years, use the IIF format.

If you have QuickBooks 2013 or later, you may also use QBJ format.

QuickBooks Online imports QBO, QFX, OFX, CSV (limited) files.

QBO (Web Connect) files are imported under Bank Feeds in QuickBooks where they are matched to vendor records and assigned expenseincome accounts.

QBO files do not carry expenseincome accounts (categories) as the categorization is done after import in QuickBooks.

Always do a backup (as with any other import) for QuickBooks company file before any IIF import.

Putting aside the scary part, this is a great format widely used and you can import data quickly.

Export Quickbooks Online To Desktop For Mac