To import your lists and accounts from Quickbooks to Goldenseal accounting
you first need to export data from Quickbooks. To do so, follow these steps:
- Open your Quickbooks file.
- Choose Export from the File menu.
- Turn on the checkboxes for all items, then click OK.
- You'll be asked to save a file on your hard drive. Enter a name and location, then
- Close your Quickbooks file.
Next, import data into Goldenseal. To do so, follow these steps:
- Open a Goldenseal company file. Usually you'll use one of our Starter Files.
- Choose Import from the File menu, choose
Other Items from the submenu, and choose Quickbooks
Info from the second submenu.
- Locate the export file that you created
in step 4 above. Click the Open button. NOTE--
Some versions of Quickbooks save the export file
as a .iif file (Intuit Interchange Format) instead
of a .txt file (text). In that case, you'll
need to change the Files Of Type option to
All Files, so you can see the correct file to import.
- Goldenseal will import your Goldenseal data. It will ask you what type of cost account
to use for each vendor type. Otherwise it does the import completely automatically.
NOTE-- The Quickbooks import is a new feature, starting with Goldenseal 2.5. If you have an
earlier version of Goldenseal, you'll need to update to the newest version.
What You Can Import
Goldenseal is able to import Quickbooks account information and list setup.
It does not import bank transactions, estimates or other financial transactions, since Quickbooks
does not export that information.
This table lists Quickbooks items, and where the Goldenseal import puts them:
|Accounts- Credit Card
||Credit Card Account
||Owner Equity Account
||You can use Category Systems to set up cost subcategories
|Accounts- Fixed Asset
||Set up Real Estate, Equipment or Investment accounts
|Accounts- Other Asset
||For tangible items, set up Equipment or Investment accounts.
||Goldenseal already includes Utility Accounts for A/P, A/R, Income, etc
||Customer Accounts and Project Accounts
||After you import, enter more details for each employee.
||After you import, enter more details for each payment method
||After you import, enter more details for each delivery method
||Vendor Payment Terms
||After you import, enter more details for each payment terms
|To Do Items
||To Do List
||Equipment, Material Supplier, Subcontractor and Other Cost Accounts
||You decide where to put each vendor type
||Cost Account Types
Quickbooks groups all vendors together, while Goldenseal uses four types of cost accounts- for Equipment,
Material Suppliers, Subcontractors and Other Costs.
When you import from Quickbooks, Goldenseal will ask you which type of account to use for each Vendor
Here's what to put in each type of cost account::
- Equipment-- Use Equipment accounts for vehicles, machinery, large tools and similar productive
- Material Suppliers-- Use Material accounts for those who provide you with tangible
- Subcontractors-- Use Subcontractor accounts for those who provide you with services.
HINT-- If you need to file a 1099 form for a vendor, include them as a subcontractor.
- Other Costs-- Use Other Cost accounts for insurance, advertising, tax agencies and
similar items that are not materials or subcontracted services.
Click here for general info about differences
between Quickbooks and Goldenseal accounting software.
| Previous | Next | Getting Started Manual | Reference
Manual | Site Map | Website