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Making the move: Entering your historical data into QuickBooks

March 21, 2011 by
Last Updated: Wednesday, March 30, 2011

If you’ve been in business for a while, but are new to QuickBooks, you need to enter some transactions from the time before you started using QuickBooks. These transactions are from the start date you entered when you created your QuickBooks company file until today. These articles walk you through this process:
Part 1: Overview
You don’t have to enter all your transactions from the beginning of your business. When you created your company file, you gave QuickBooks a start date, probably the first day of your fiscal year. So you only have to enter transactions from that date to today.
Part 2: Vendor transactions
Strictly speaking, there’s no rule that says you have to enter your transactions in a particular order. But I recommend that you enter your vendor-related transactions first, especially if you invoice customers for expenses you want to be reimbursed for.
Part 3: Customer transactions
Customer transactions you need to enter are: estimates, invoices, sales receipts, refunds and credit memos, and payments received.
Part 4: Banking and credit card transactions
Now your last task is to enter the remaining bank and credit card transactions that weren’t entered when you added your vendor and customer transactions.

Filed Under: New to QuickBooks, Square One
About Shelly King

Shelly King works for Intuit as a member of the QuickBooks for Mac team. She’s the Managing Editor for Little Square and its main contributor. Shelly grew up in the South until 1994 when the Internet called her to Silicon Valley. She’s done a lot on the web ever since. Little Square was her idea. Yep, it’s all her fault. See all of Shelly's articles

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