Following moved from Desktop the balance sheet does not balance

Hi there, @CLP147. Thank you for reaching out to us regarding the balance sheet report after moving your data from QuickBooks Desktop (QBDT) to QuickBooks Online (QBO). We understand the importance of ensuring that the balance is correct during this transition.

To ensure that the balance sheet report accurately reflects your company's financial position, please follow these steps when running the report in QuickBooks Online:

• The date is set to All Dates in both products.
• Your accounting method is set to accrual.
• To check the balance of each of your Accounts Receivable (A/R) and Undeposited Funds accounts.

Setting the date range to All Dates ensures that all transactions from the beginning of your company's financial records up until the present date are included in the report. Additionally, selecting the Accrual accounting method recognizes revenue and expenses when they are earned or incurred, providing a more accurate representation of your company's financial institution.

See this article for more details: Fix a Balance Sheet that's out of balance

Moreover, if correction is really needed, the easiest way is to go through a Journal entry and seek advice from your accounting professional.

I'll be sharing this article to learn more about what will happen when transferring your financial data to QuickBooks Online: Moving from QuickBooks Desktop to QuickBooks Online

On the other hand, I'm adding this material for more tips while running basic reports in our system: Run reports in QuickBooks Online. The same article will guide you on how to print, mail, and export your reports for future use. 

Keep in touch if you need further assistance with your reports. I'm just a few clicks away to help. Have a great day!

@CLP147 

As I know, MMB does not support data conversion with multi-currency transactions. You should run the comparative trial balance reports as the reference to correct your data in QBO. Another option, buy another third-party service to convert your data with multi-currency transactions.