How to Migrate from FreshBooks to QuickBooks?

FreshBooks and QuickBooks are two distinct software programs with unique and overlapping features. QuickBooks accounting solutions comprise of various products designed to address the needs of accountants working in all types of businesses, while FreshBooks can suit small businesses and solopreneurs. The growing business and associated accounting complexities may push you to switch from FreshBooks to QuickBooks. While switching can meet your latest accounting requirements, it can also offer a host of benefits to manage your books, receipts, and inventory better. This article aims at helping you migrate from FreshBooks to QuickBooks effortlessly.

Why Migrate from FreshBooks to QuickBooks?

There are multiple advantages of shifting your existing records from your FreshBooks software to QuickBooks. Let’s have a look at the most promising ones.

1. Scalability

   QuickBooks works best for businesses that sell anything, be it products or services, and need a full-fledged accounting solution. FreshBooks, on the other hand, can provide simple accounting and reporting tools for small businesses, freelancers, and solopreneurs. By moving to QuickBooks, you can address the increasing accounting needs of your business.

2. Accounting

   QuickBooks Desktop software enables you to keep track of your accounts easily. Features such as double-entry accounting maintain your sheets and help you track cash flow. With automated accounting features, it is less time-consuming and tedious to balance both sides of your sheets.

3. Intuitive Interface

   FreshBooks has a simple interface with limited features, while QuickBooks is a complete package with tons of features for accounting, bookkeeping, time tracking, payroll, receipt management, and inventory tracking. To help you navigate through the features easily, QuickBooks offers an intuitive interface.

4. Reporting

   QuickBooks offers a vast range of reporting and analytics tools, most of which are necessary for accurate analysis and decision-making. With sub-reports included under every group of reports, you get the details you will need to understand financial data, sales processes, and inventory status.

5. Integrations

   FreshBooks integrations are designed while targeting freelancers and small businesses. In contrast, QuickBooks features more than 400 integrations in the software categories related to payroll, CRMs, e-commerce, banking, and others, giving you optimum visibility and control on your accounting data and processes.

6. Inventory Tracking

   QuickBooks has included a lot of new and improved features in recent years, so if you have looked at the software previously and passed, you may want to check it again. With the warehouse management app for Android, QuickBooks allows you to scan your receipts and store the receipt data in the software. The Android app also allows you to track the current status of your orders, thereby helping you manage inventory efficiently.

7. Mobility and Online Access

   FreshBooks is a cloud-based accounting service designed for self-employed people and small-sized businesses. QuickBooks editions, such as QuickBooks Desktop Pro and Premier, target contractors, manufacturers, wholesalers, retailers, and more. While the prior service is cloud-based, the latter can be leveraged on stand-alone PCs as well as online with the help of cloud hosting.

How to Transfer Your Data from FreshBooks to QuickBooks?

If you have made your decision to switch from your FreshBooks software to QuickBooks, taking a backup of your data and importing a copy into QuickBooks are counted among the best practices. As these software programs do not communicate directly, you can export your data and list entries from FreshBooks to an Excel, CSV, or IIF file and import the file into QuickBooks. To move your transactions, you can download them in a QBO file from your bank and import the content into your QuickBooks software. Alternatively, you can also take help from a third-party application.

Host QuickBooks on a Virtual Desktop and Enjoy Anytime, Anywhere Access

QuickBooks can offer much more than it promises when you host it on a virtual machine and access it online. You can run your accounting operations from multiple locations using various desktop and mobile devices. Apps4Rent is an Intuit Authorized QuickBooks Host and can provide attractive QuickBooks hosting plans to fit your business requirements. Our QuickBooks hosting specialists are equipped with the necessary skills and expertise to help you smoothly migrate from your existing accounting software to QuickBooks. We are available 24/7 via phone, chat, email to help you assist in every way possible. Contact us today.