Brandon, MB -- (SBWIRE) -- 08/14/2019 -- Merging two company data files into one company is currently not available in QuickBooks Online. Because each company is created as a separate file that cannot be merged, data would have to be manually input into the company you want to keep.
Due to Intuit's lack of an appropriate tool or feature to merge two files into one, businesses are forced to turn to third party companies that undertake to perform file merge services with full authenticity.
A third party file merge service merges a local data file into a networked data file, merges two different data files, consolidates multiple QuickBooks data files into a single file after adding a class to each data file, and also assists in merging data files prior to uploading to QuickBooks Online
Technical Services Manager at E-Tech, a leading QuickBooks Consultancy service, John Rocha, explained that in order to combine multiple company data files, the chart of accounts in both files cannot have the same account name with different types.
The "classes" feature in QuickBooks, meanwhile, gives business owners a tool to track the income and expenses for any given period and are unique to each type of business.
E-Tech's file merge service concentrates on merging lists –including Chart of Accounts, Customers, Vendors, Employees, Items, and Other Names, merging transactions –including all financial transactions, as well as add classes to all transactions in each company file which can be used for reporting purposes. "Classes can be added to the source files prior to the merge to take advantage of QuickBooks reporting by classes in the merged file," Rocha said.
Limitations of this service
Rocha explained that there are certain limitations to the file merge service such as payroll checks being merged as regular checks and do not appear in payroll reports or W2 calculations. He added that bank reconciliations also cannot be merged because QuickBooks does not support the transfer of Bank Reconciliations.
Furthermore, data files with negative inventory and assembly builds do not merge correctly because there is insufficient quantity on hand to build the assemblies and they transfer over as pending builds. Customer notes and to-do lists are also not included in the merge.
For detailed information on this E-Tech's file merge service, visit https://e-tech.ca/Quickbooks-File-Merge-Service.aspx.
Founded in 2001, E-Tech is a leading file repair, data recovery, and data conversion services provider in the United States and Canada. The company works to stay up to date on the latest technology news, reviews, and more for their customers.
For media inquiries regarding E-Tech, individuals are encouraged to contact Media Relations Director, Melanie Ann via email at Melanie@e-tech.ca.
To learn more about the company, visit: www.e-tech.ca