Can I import from Wave Apps to Quickbooks?

Hi there, david323.

We’re unable to directly import data from Wave. However, if you can export the following data to CSV or to Excel, you can import them to QuickBooks Online. You may also contact Wave support if they have the option to import your data into QuickBooks. 

If you already have the exported CSV files, you can log in to QuickBooks Online and click the Gear icon to select Import data. Here are a few resources that will help you through importing your lists:

• Manually upload transactions into QuickBooks Online
• Move your lists to QuickBooks Online

Let me know if you have any other questions. I'm always here to help. Have a good day!

@david323 

Prepare your new blank QBO account

https://quickbooks.grsm.io/US

https://quickbooks.grsm.io/us-promo

then you may have 2 ways.

1. Prepare your data in CSV or XLS, then utilize an importer tool

https://transactionpro.grsm.io/qbo

2. Purchase a 3rd party conversion service.

Contact us in private for details.

What We Convert
• Chart of Accounts
• Customer Details
• Supplier Details
• Opening Account Balances
• Aged Receivables
• Aged Payables
• Bank Transactions (Includes Invoice payments, Bill payments, and other Bank Transactions) (All Bank Transactions reconciled as it was done in Wave)
• Credit Card
• Invoices and Credit Notes Detailed
• Bills and Bill credit Detailed
• All Manual Journals
• Inactive Contacts/Accounts can be brought over on special request
• The entire conversion and matching of Reports are done on ACCRUAL Basis.

2. What We Don’t Convert (additional fee may apply for manual conversion)
• Budgets
• Track Inventory
• Classes
• Fixed Asset
• Expense Claims
• Memorized Transactions
• Payment Terms
• Custom VAT Rates
• Invoice Templates
• Time Sheets
• Repeating Invoices after the "Convert To" date
• Deleted/Void Transactions
• Allocation of Invoices or Bills against credit notes
• Transaction lines with Nil Values
• Sales Rep
• Customer Jobs
• Attachments
• Unreconciled Entry

3. Workarounds
• Chart of Accounts - Sub Accounts in Wave are converted as Independent Accounts in QBO
• Chart of Accounts - Inactive Accounts, if used in Wave in the conversion period are turned as Active Accounts in QBO
• Open Receivable and Payable Invoices shall contain only single line showing the unpaid balance of Invoice in QBO
• Custom Sales Tax Rates are converted into standard Sales Tax Rate with "Tax Adjustment" entry as a separate line item in QBO
• Inter Bank Transfers may be converted through a Clearing Account in QBO
• System Accounts like Retained Earnings, VAT control Account are used in QBO for their counterpart accounts in Wave
• We bring inventory details like name, code, description, sales account, purchase account, sales price, purchase price etc. Since we don’t do tracked inventory, as part of the migration, we import all the items as "non-inventory" type in QBO and after the completion of the migration, you need to manually change the type from 'Non-Inventory' to 'Inventory' and add the quantity on hand manually for each item
• In multi-currency files, while feeding the opening balances on the conversion date, QBO would use the same exchange rate for the conversion date for all the multi-currency accounts. This might cause a difference in the debit and credit side of the trial balance.
• Rounding can be different in QBO and Wave because of the data precision techniques used in both software.