Option 1: Standard import QuickBooks opens a formatted Excel spreadsheet where you can enter your information. When you save and close the file, you can review results and view your data in QuickBooks.

• Go to File menu > Utilities > Import > Excel Files. • If you get the Add/Edit Multiple List Entries window, click No. • Follow the wizard in importing files. • Select the type of data. • QuickBooks opens a formatted excel spreadsheet.

Once you have entered your information, saved the file and closed it, you will be given the option to Add My Data Now. • Review results and view Data in QuickBooks. • Click Close when done. NOTE: If you need to import additional customer, vendor or item data from excel using this option, you can always go back to this window. Option 2: Advanced import. Reminders: • Existing inventory items: you CANNOT update their Quantity On Hand (QOH), value on hand (VOH), or average cost. • New inventory items: you can set up a Quantity On Hand (QOH) and a Value on Hand (VOH) and establish an average cost. QuickBooks enters an Adjust Quantity/Value on Hand debiting the item's asset account and crediting Opening Balance Equity.

• If you want to import item quantities or values and you have Advanced Inventory and Multiple Inventory Sites enabled, you must disable Multiple Inventory Sites before importing. • Before importing any data, without overwriting any previous backups. • You cannot import Subtotal, Payment, and Sales tax items via the Advanced Import function, but you can import them in an IIF file. For details, refer to. Step 1: Turn on inventory preferences • Sign in to your company file as Admin. • Make sure you are on the Single-user mode.

Note: On the File menu, option to Switch to Multi-user Mode should be available. If not, select Switch to Single-user Mode.

Open either Quicken or Excel. Quicken is another financial program similar to QuickBooks while Excel is a spreadsheet program packaged in the Microsoft Office platform. Select 'File,' 'Import,' then choose the QBB file you want to view. Click 'OK' and wait for the software to convert the QuickBook document into its own format standard. Apr 13, 2015 - You can extract QuickBooks data for free using QB2Excel, a simple to use utility program. Click Convert, and after a pause you get an Excel spreadsheet. How to parse an xml file in java. The Excel file has multiple tabs: One for each table you select as.

• From the QuickBooks Edit menu, select Preferences. • Select Items & Inventory on the left pane, then go to the Company Preferences tab. • Put a check mark on the Inventory and Purchase Orders are Active box, then select OK. Step 2: Set up accounts in your data file • From the Lists menu, click Chart of Accounts.

• Right click anywhere in the Chart of Accounts then select New. • Select the Account Type.

For this step, you need to create the following account types: • Income Account to track sales. • Cost Of Goods Sold (COGS) Account.* • Inventory Asset Account.* Step 3: Create your data with the following for each item • Item Name: Name you want on your item list. • If you are importing Sub-Items, the Parent item must either already exist in the Item List or be above the Sub-item, in list order, on the spreadsheet you are importing. • If you are importing Sub-Items, the Item Name would be formatted with the Parent separated from the Sub-Item by a colon. Example: Widgets Widgets:Widget001 Widgets:Widget002 Widgets:Widget003 • Item Type: Include type of item, i.e.

Inventory part, service, etc. Test drive unlimited 2 download. Item name must be spelled out just as you see it in QuickBooks. • Description of the Item: Written description of the Item that will appear in the Item List, Sales Orders, Sales Receipts, and Invoices. • Income Account: Name of the Income Account in which sales of the item will be recorded. • Inventory Asset Account: Name of the Asset Account in which the inventory value will be recorded.

• Name of the COGS Account: Name of the COGS Account in which purchases of the item will be recorded. • On Hand Quantity: The Quantity On Hand of the Item (Inventory Items only). • Cost of Item: The Cost of the Item. • Sales Price: Sales Price of the Item. • Total Value: The Total Value of the Item (New Inventory Items only).

• As Of Date: When the Item was last purchased (New Inventory Items only). • Is Passed Thru: Be sure that you put a Y in this column so you can track both cost and price of the item. IMPORTANT: You must use the same name, spelling, and capitalization as it appears in the Chart of Accounts. Optional Information: • Manufacturers Part Number or SKU: You can also import the part/SKU number of an item. • Reorder Point: Once the Item On Hand count reaches this amount, QuickBooks will prompt you to reorder more Items. Step 4: Create the spreadsheet Create the spreadsheet using these tables as guides. Step 5: Prepare to import Make sure you know the location of the Excel spreadsheet file.