Yes, this IS possible and I have done it before. It requires you to have the local version on your desktop: http://http-download.intuit.com/http.intuit/qbowinclient/download/index.html?referrer=qboApps
Thought I could do it online, as I am now having to do this again after QB was down for over a month, so as soon as I get the steps again I will post.
