In this article, you’ll learn how to import Quicken data to QuickBooks 2018. Both these financial management software are owned by Intuit and provide amazing features. While Quicken is good for managing personal finance, nothing beats QuickBooks when it comes to managing the finance of an entire organization. There are many features in QuickBooks that support accounting for startups and large enterprises.
Converting Quicken Data to QuickBooks 2018 Data
Since both the software is owned by Intuit, the software enterprise knows that many users may want to shift between the two depending on their requirements. Hence, in QuickBooks users can find the option for automatically converting and importing Quicken data. This option is available on all versions of QuickBooks accounting software, including QuickBooks for Mac.
Note: Once you’ve successfully converted the Quicken data file to QuickBooks 2018 data file, the reverse conversion cannot take place. This is why our QuickBooks technical experts recommend that you make a backup of the original Quicken data file.
Also, after converting to QuickBooks data file, you can even import it to QuickBooks online or QuickBooks for mac. Still, QuickBooks desktop is the only software that can perform this automatic conversion for you. Most users even start with a new file when they switch to QuickBooks, but that is not necessary as with the information provided in this article, you’ll be able to get up and running with QuickBooks after importing your previous accounting data from Quicken.4
Using the Inbuilt Converter
You can only use the inbuilt Quicken data file converter if the file is from Quicken 2018. Otherwise you’ll have to rely on the external file converter.
To use the inbuilt Quicken to QuickBooks converter, follow the steps provided below:
- Open QuickBooks.
- From the top menu bar, select File.
- Click on Utilities and select Convert.
- Select From Quicken.
- Browse and open the Quicken file. The format of the file is .QDF.
- Once the file is converted you’ll get the confirmation message. Click OK.
All of the data will be converted now and imported directly to QuickBooks 2018. You can use all the tools available with QuickBooks 2018 on this newly imported accounting data.
External Quicken to QuickBooks Converter
Intuit also provides external data file converters to enable easy switching between the two software. You can download this converter for free by going to Intuit’s website. Make sure to select the correct converter version. Also, this method is useful if the version of Quicken does not match the version of QuickBooks on your system.
To install and use the external converter, follow the steps provided below:
- Download the setup for the external converter from Intuit’s website.
- Start the converter and click on Next.
- Agree to the terms and conditions and select Next.
- Click on Install and wait for the installation to finish.
- Select Finish and Launch the converter.
- Click ok ‘I am transferring data from Quicken for Windows’
- Select Get Started and Browse to the data file located on the system. Select the file and click on OK.
- Click on Convert it.
- Select OK and then Save, once the conversion is complete.
- Hit Exit.
The data file is now successfully converted and can be imported into QuickBooks. You do not have to convert the data file again for importing. From the No company open window, just select the newly converted company file and all the data will automatically be loaded into QuickBooks.
Why QuickBooks is the Best Accounting Software?
Since you are contemplating a move towards QuickBooks, here are a few points that will help you in understanding the reason behind the popularity of this accounting software.
Apart from just recording multiple transactions, QuickBooks can be used as a tool for formulating strategies. It can provide very valuable insights through the accounting data of the user. Further, it can give a graphical representation of this detailed report which will help you with presentations in from of the management and shareholders.
RepairContact QuickBooks Technical Support Team
With years of experience and valuable certifications, our members of QuickBooks technical assistance team are here to help you round the clock. To counter inefficiency our QuickBooks help team is available via call, chat and email.
Further, to resolve errors as soon as possible, we provide QuickBooks remote support. To know more, feel free to contact QuickBooks technical helpdesk at ✆+1-800-272-4169(Toll Free.)