Possible to split off financials from Enterprise in Sale of Business?

I will need to downgrade to a different desktop version I assume until shifting in to new company direction.

You can downgrade to QB Desktop Accountant Plus

Thank you for getting in touch with us, @CWalters. Let me be your best help today in saving a copy of your company file without showing your business accounting process.

Yes, it's possible to split off the financial process from the transaction history and lists you'll hand in. To do this, you'll need to create a backup copy of your company file that contains every detail.

After that, use the Condense Data Utility to remove selected transactions that show your accounting process.

Here's how to create a backup:

1. Go to Files and select Back Up Company. Then, Create Local Backup.
2. Choose Online or Local Backup and click Next.
3. Select When you want to save your backup copy. Then, Next.
4. Click the file where you want to save the copy of your company file. Once done, click on Save.

For more information, you can visit this article: Back up your QuickBooks Desktop company file.

Then, you can follow these steps to condense your company file:

1. Go back to the File tab, then Utilities.
2. Select Condense Data, and Remove the transactions you select from your company file. Then, Next.
3. Select a transaction you'd like to remove. Once done, click Next.
4. Pick how the transactions would be summarized. Then, click Next.
5. Select how inventory should be condensed, then pick Next.
6. Choose the recommended transactions you'd like to remove, then select Next.
7. Select the List entries you'd like to delete and click on Next.
8. Once done, click Begin Condense and wait for the process to complete. Then, Close.

Check out this article for detailed information: Use the Condense Data utility.

Moreover, you can also use the export data from QBDT. This way, you can create a new company file based on the data you input.

Furthermore, if you downgrade your QBDT account, there are features in the Enterprise that are not available to the lower versions.

If you encounter issues opening your company file in QBDT, I've got you an article for troubleshooting options you can perform: Can't open your company file in QuickBooks Desktop.

You can always return here for further questions about managing your company file for business operation purposes. We're always available to lend you a hand. Keep safe, and have a good one.