QuickBooks is a widely used accounting software package among small and medium-sized businesses. QuickBooks Enterprise is a version of the software designed for larger businesses, while QuickBooks Pro is designed for smaller businesses. Sometimes, businesses may need to switch from QuickBooks Enterprise to QuickBooks Pro for various reasons. In this article, we will discuss the reasons why businesses may need to make this switch and provide a step-by-step guide on how to convert QuickBooks Enterprise to Pro.
Reasons to Convert QuickBooks Enterprise to Pro
There are several reasons why businesses may need to convert from QuickBooks Enterprise to Pro. Some frequently occurring reasons comprise of:
Cost
QuickBooks Enterprise is significantly more expensive than QuickBooks Pro. If a business is no longer using all of the features of Enterprise, it may make sense to switch to Pro to save money.
Simplicity
QuickBooks Enterprise has more features and is more complex than QuickBooks Pro. If a business is not using all of the features of Enterprise, it may make sense to switch to Pro for a simpler accounting solution.
Compatibility
QuickBooks Enterprise is not compatible with certain third-party apps that work with QuickBooks Pro. If a business needs to use these third-party apps, it may make sense to switch to Pro.
How to Convert QuickBooks Enterprise to Desktop Pro?
Converting from QuickBooks Enterprise to Pro is a fairly simple process. To convert, adhere to these steps:
Step 1: Back up your QuickBooks Enterprise company file
Before you start the conversion process, make sure to back up your QuickBooks Enterprise company file. This will ensure that you do not lose any data during the conversion process.
Step 2: Install QuickBooks Pro
If you have not already done so, install QuickBooks Pro on your computer. You will need the installation CD or a digital download of the software.
Step 3: Open your QuickBooks Enterprise company file in QuickBooks Pro
QuickBooks Pro will prompt you to convert Quickbooks Enterprise file to Pro. Follow the on-screen instructions to complete the conversion process.
Step 4: Convert Quickbooks Enterprise file to pro
QuickBooks Pro will prompt you to convert Quickbooks Enterprise file to Pro. Follow the on-screen instructions to complete the conversion process.
Step 5: Verify your data
After the conversion process is complete, verify that all of your data has been transferred correctly from Enterprise to Pro. Double-check all of your accounts, transactions, and reports to ensure that everything is correct.
Tips for a Smooth Conversion
Convert QuickBooks Enterprise file to Pro can be a simple process, but there are a few tips to keep in mind to ensure a smooth conversion:
Plan ahead
Before you start the conversion process, make sure to plan ahead. Make a checklist of all the steps you need to take and set aside enough time to complete the process.
Back up your data
Backing up your QuickBooks Enterprise company file before you start the conversion process is crucial. This will ensure that you do not lose any data during the conversion process.
Verify your data
After the conversion process is complete, make sure to double-check all of your accounts, transactions, and reports to ensure that everything has been transferred correctly.
Conclusion
However, Convert QuickBooks Enterprise to Pro can be a simple process if you follow the steps outlined above. Before you start the conversion process, make sure to plan ahead, back up your data, and verify your data after the conversion is complete. If you have any questions or run into any issues during the conversion process, contact QuickBooks customer support for assistance.
Frequently Asked Questions (FAQs)
Q1. Will all of my data be transferred during the conversion process?
Yes, when you convert from QuickBooks Enterprise to Pro, all of your data will be transferred to the new software. This includes all of your financial data, such as your chart of accounts, vendor and customer lists, open invoices, and payment history. Additionally, your transaction history, including sales receipts, invoices, and purchase orders, will also be transferred. However, it’s important to note that some features in QuickBooks Enterprise, such as advanced reporting and user permissions, may not transfer over to QuickBooks Pro.
Q2. Is there a cost to convert from QuickBooks Enterprise to Pro?
There is no cost to convert from QuickBooks Enterprise to Pro. However, if you do not already own QuickBooks Pro, you will need to purchase a license for the software. The cost of QuickBooks Pro varies depending on the version you choose and any promotions or discounts that may be available. You can purchase QuickBooks Pro directly from Intuit, or from a third-party retailer or reseller.
Q3. Can I still use the same QuickBooks Pro license after the conversion process?
Yes, you can still use the same QuickBooks Pro license that you used for the conversion process. The license key for QuickBooks Pro is tied to the company file, rather than the software itself. This means that you can use the same license key to open the company file in QuickBooks Pro on multiple computers, as long as you only use the software on one computer at a time. If you need to use QuickBooks Pro on multiple computers simultaneously, you will need to purchase additional licenses.
