How to Convert QuickBooks Enterprise to Pro or Premier?

QuickBooks is a well-known accounting software used by small and medium-sized businesses for managing their financial transactions. QuickBooks Enterprise, QuickBooks Pro, and QuickBooks Premier are three of the most popular versions of this software. While QuickBooks Enterprise is the most advanced version with the most features, some businesses may find that it is more than they need. In such cases, they may want to downgrade to QuickBooks Pro or Premier. In this article, we will discuss how to convert QuickBooks Enterprise to Pro or Premier.

Step 1: Backup your data

Before you begin the conversion process, it is important to back up your data. This will ensure that your financial data is safe and secure if anything goes wrong during the conversion process. To create a backup in QuickBooks Enterprise, go to the File menu, click Backup Company, and then select Create Local Backup. Choose a location to save the backup and follow the prompts to complete the process.

Step 2: Purchase QuickBooks Pro or Premier

Once you have backed up your data, you will need to purchase QuickBooks Pro or Premier. You can purchase these versions of QuickBooks from the Intuit website or from a third-party retailer.

Step 3: Install QuickBooks Pro or Premier

After you have purchased QuickBooks Pro or Premier, you will need to install the software on your computer. To do this, insert the installation disc or download the installation file from the Intuit website. Follow the prompts to complete the installation process.

Step 4: Open your QuickBooks Enterprise company file in QuickBooks Pro or Premier

To open your QuickBooks Enterprise company file in QuickBooks Pro or Premier, open the software and select Open or Restore Company from the File menu. Choose the company file you want to convert and follow the prompts to complete the process.

Step 5: Convert your data

Once you have opened your QuickBooks Enterprise company file in QuickBooks Pro or Premier, you will need to convert your data. To do this, go to the File menu and select Utilities. From the utility menu, select Export and then choose Lists to IIF Files. Save the IIF file to your computer.

Step 6: Import your data into QuickBooks Pro or Premier

After you have saved the IIF file to your computer, you can import your data into QuickBooks Pro or Premier. To do this, open QuickBooks Pro or Premier and go to the File menu. Select Utilities and then Import. From the Import menu, select IIF Files and choose the IIF file you saved earlier. Follow the prompts to complete the import process.

Step 7: Verify your data

Once you have imported your data into QuickBooks Pro or Premier, you should verify that everything has been transferred correctly. Go through your financial data and make sure that all of the transactions, accounts, and other information are present and accurate.

In conclusion, converting QuickBooks Enterprise to Premier is a relatively simple process. By following the steps outlined in this article, you can easily downgrade your QuickBooks software without losing any of your financial data. However, it is important to remember to back up your data before beginning the conversion process to ensure that your financial information is safe and secure.

Reference: https://siit.co/guestposts/how-to-convert-quickbooks-enterprise-to-pro-or-premier/