Skip to main content
V
Victoria_M
April 6, 2023
Question

Entering Historical Data by JE only

  • April 6, 2023
  • 1 reply
  • 0 views

I need to enter historical information from prior year to QBO (moving from a different platform/Aplos). The purpose is to be able to run comparison reports with the current QBO data.

I have monthly P&L and BL excel reports for the prior year, no bank statements.

Any way to enter totals by month without entering all invoices, bills, payments, etc.?

 

 

1 reply

Fiat Lux - ASIA
Fiat Lux - ASIA
April 6, 2023

You can use JE for your needs and use an importer tool to proceed.

https://get.transactionpro.com/qbo

 

M
Mark_R
April 6, 2023

Hello there, @Victoria_M.

 

I'm here to help enter your historical data from a different software into QuickBooks Online (QBO).

 

As mentioned by Fiat Lux - ASIA above, you can create a journal entry for your historical data without entering all the invoices, bills, and payments. However, I recommend seeking help from your accountant to ensure you're using the correct account. Here's how:

 

  1. Click the + New button, then select Journal entry.
  2. Enter the necessary information.
  3. Select Save and close.

 

I'm adding this article for more guidance: Create journal entries in QuickBooks Online.

 

Since you're transferring to QBO, you can check out this article to learn how to get started QBO: Get started and adjust settings after you sign up for QuickBooks Online.

 

Come back to this post if you have other concerns or follow-up questions about this. I'll be right here to provide further assistance.

V
Victoria_MAuthor
April 9, 2023

When I enter total monthly income and expense, the difference goes to Retained Earnings? Will QB also post an auto JE for it?

Terms & ConditionsAccessibility statement