The QuickBooks conversion tool is a utility developed by Intuit that assists users in transferring their accounting and bookkeeping functionalities, along with their data from other financial applications to QuickBooks. It supports conversion from applications like Quicken, Peachtree, Sage 50, and others. Additionally, switching from QBDT to QBO can be done smoothly with this tool, as data transfer preserves all essential information.
In this blog, we will walk you through the steps to download, install, configure & use the QuickBooks conversion tool to move your accounting and bookkeeping data into the application.
Device Requirements for the QuickBooks Desktop Conversion Tool
Memory
512 MB (minimum)
Processor
500 MHz Intel Pentium II (minimum)
Operating System
Windows 10, Windows 8.1, Windows 8
Microsoft .NET Framework
Version 2.0
QuickBooks Desktop
Pro, Premier, or Enterprise 2018 or higher
Sage 50, Sage 50 Quantum
Version 2015 and above
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Primary Advantages of Working on the QuickBooks Data Conversion Tool
- Converted files are properly tracked, making it easier to maintain backups and records
- The tool simplifies the process of creating a new QB company file during conversion
- It helps prevent data loss that can occur due to manual error
- You can choose how balances are listed, including. Negative balances and Positive balances
- Existing QB company files remain unaffected, as the tool creates a completely new company file for the converted data
The Right Way to Download and Install QuickBooks Conversion Tool
- First, access the File Explorer
- Go through to the folder where you downloaded the QB Conversion Tool
- Then, right-tap on QuickBooksConversionToolSetup.exe
- Tap on Run as Administrator
- To install, follow the guidelines you see
How to Convert From Sage 50 to QuickBooks Desktop
Before migrating your data from Sage 50 to QBDT, it is essential to be aware of the limits of the QB conversion tool. These can affect how your data is transferred and displayed in the app.
Limitations of converting from Sage 50 to QBDT
- The application does not support account numbers longer than 7 digits. If your Sage 50 account numbers exceed this limit, the conversion will fail
- Journals with future dates in Sage 50 may post as future transactions in QuickBooks Desktop
- All currency data is converted to your home currency, even if the original entries were in a foreign currency
- Certain reversed journals may be posted during the conversion, which could lead to discrepancies when clearing them in the application
- The conversion tool may create a dummy customer to align Accounts Receivable (AR) and Accounts Payable (AP) history properly
Prepare for the Data Conversion from Sage 50 to the QB app
- First, you have to download and install the QuickBooks Desktop app
- This should be performed on the workstation you’re using Sage 50
- Now, make sure that the QB Desktop and Sage 50 are stored on the same local hard drive
- If they aren’t, shift them both to the local hard drive to prevent failures
- Files hosted over a network will not work with the QBDT conversion tool
- Then, backup your Sage 50 data file before you use the conversion tool to move to the QB application
We also have a dedicated blog post that explains how to convert Quicken data to QuickBooks Desktop smoothly. It explains why this conversion is necessary and provides guidance on completing the process effectively.
Conclusion
In this blog, we have discussed how to configure & use the QuickBooks conversion tool. Moreover, to seek expert guidance and resolve all the queries, you need to dial +1.833.802.0002, connect with them, and they will help you smoothly.
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