Foundation to QuickBooks Data Conversion

In this blog, you will get the necessary information and a step-by-step guide on how to undergo convert from Foundation to QuickBooks. These applications are poles apart in their approach to bookkeeping and hence require great care.

An accounting software stores sensitive company data like reports, invoices, and statements. There is a high risk involved while converting data from one accounting software to another. Therefore it requires utmost precision and accuracy. A trustworthy guide to conversion to QuickBooks can help you execute this task without any worries.

Benefits of Converting Any Accounting Software to the QuickBooks (Desktop or Online)

QuickBooks Online	QuickBooks Desktop
From anywhere in the world you can access your account	It has advanced inventory management
On any device, you can manage your finances, including smartphones and tablets	Easy to issue invoices in batches
User-friendly interface	You can manage multiple accounts with QuickBooks Desktop
In real time you can collaborate with others	With QuickBooks Online you have advanced Inventory management

System Requirements to switch your data successfully to QuickBooks

Operating systems	Database servers	Browser requirements	Hardware and operating system requirements
Windows 11, 64-bit, natively installed	Windows Server 2022, Standard and Essentials	Internet access and Google Chrome is needed for QuickBooks Desktop 2024.	Processor 2.4 GHz minimum
Windows 10, all 64-bit editions, natively installed	Windows Server 2019, Standard and Essentials	_	RAM (workstation)  8 GB minimum, 16 GB recommended
Windows Server 2022, Standard and Essentials	Windows Server 2016, Standard and Essentials	_	RAM (server)             1-5 Users: 8 GB 10 Users: 12 GB 15 Users: 16 GB 20+ users: 20+ GB
Windows Server 2019, Standard and Essentials	_	_	Disk Space  2.5 GB of disk space
Windows Server 2016, Standard and Essentials	_	_	Windows   North American version of Windows

How to Convert from Foundation to QuickBooks

Follow the above steps to convert data from Foundation to QuickBooks (Desktop or Online) accounting software.

Step 1: Finding a Suitable Product

• The first step consists of determining which is the best QuickBooks product out of QuickBooks Online, Enterprise, Premier, or Pro.
• For this, you can speak to an expert who will also guide you about the products your business needs like Field service management, point of sale system, or Payroll.

Step 2: Import Data from Foundation

• The second phase consists of gathering important company data that includes all records.
• Records such as balance sheets accounts payable and accounts receivable, payments and ledger, invoices) reports, and transactions (ongoing and completed) from your Foundation software.
• It is then converted into a format compatible with QuickBooks.

Step 3: Training and Reviewing the Data Migration

• Your conversion service provider would train your team in working with the new software.
• You can also use training modules and videos to get accustomed to the new software.
• After the process of data migration is complete, have a follow-up to ensure all the data has been migrated to QuickBooks.

What are the Records you can Migrate from Foundation to QuickBooks?

List Type Items

Chart of accounts	Employee list
Customer list	Item list
Vendor list	_

Transaction Type Items

Credit memos	Credit Card Charges
Sales Receipts	Checks
Invoices	Estimates
Customer Payments	Purchase orders
Deposits	Journal Entries
Vendor Credits	Item Receipts
Bills	Inventory Adjustments
Vendor Payments	Sales Orders
Credit card Credits	_

If you need help and any consultant from Foundation to QuickBooks, then dial the QuickBooks Consultant team 24/7.

Frequently Asked Questions