Glad to have you here in the Community, @DC86.
Here are some things you should know after converting your QuickBooks Desktop file to QuickBooks Online.
When you switch from QuickBooks Desktop to QuickBooks Online, you might notice balance discrepancies, there are missing transactions, reports are different and don't match.
You’ll want to check the AR and undeposited funds account balances individually, aside from running and comparing Profit and Loss and Balance Sheet standard reports in Online and Desktop.
The inventory calculation, Multi-currency, and cash basis are expected to result in report discrepancies. This is because QBDT and Online don't consider transactions, as paid the same way. And the transactions with 3 different types of currencies involved, doesn't convert to QBO at this time.
To make sure the beginning balance of the reconciliation is correct, please follow the steps below:
- On the Reconcile page, click the Edit info button.
- In the Edit information from your statement screens, verify that the Ending balance and Ending date information matches the information from your statement.
- Make any necessary changes to the Ending balance and Ending date.
- Click Save.
You can also sort the transactions by amount to ensure transaction details are accurate in your statements. Just click the Payment column twice on the Reconcile page and then double click the Deposit column. Then you can use the report to track all details you need to fix the discrepancies.
You might want to check this article to learn more about the migration and find out what data doesn't convert after transition: What to do after converting from QuickBooks Desktop for Windows to QuickBooks Online.
Let me know how this turns out. I'm just a few clicks away. Take care.
