Presumably, every business is looking forward to upgrading their accounting software so to quest for some new features & functionalities within the business. However, practices made after integrating new software not always streamlines to its best. Intuit tries hard to keep its brainchild, QuickBooks, top in the lists of stellar accounting software and thus affirmed QuickBooks in the cloud software options to users. The latest release of Intuit, QuickBooks 2018 can also be connected to cloud technology to enhance its uses.
There’s no doubt that with the latest releases, Intuit is trying to nurture the cloud-based software approaches & services ecosystem. A couple of months back, Intuit has launched QuickBooks 2018 for businesses who are looking for a portal which meets their accounting & bookkeeping needs. The newest released version of QuickBooks is a combination of advanced tools & features among which some features are truly beneficial for small businesses and purely concerned to claim the growth.
However, it is equally important for users to upgrade their company file(s) while planning to move company’s accounting system to all-new QuickBooks 2018 software. Where many users proverbing QuickBooks 2018 as a user-friendly platform, some are still not totally familiar with upgrading company files related facts. On contrary, there are several terms conveyed by experts over the query of upgrading the existing company file prior switching to QuickBooks 2018, discussed below:
Admin Is The Real Head: The key consideration to make while trying to convert your existing company file to QuickBooks 2018 is to keep in mind that only the admin can update the company file. The same wouldn’t matter much if the company is having only one user. But in the case of multi-users, a user needs to sign-in as an Admin to update the files to QuickBooks 2018.
Upgrading Company File Over Network Causes Severe Data Issues: A slight but important point to notice while upgrading company file to QuickBooks 2018 is that never upgrade the data while residing on any cloud network or mapped device. Doing this can cause data loss or damage alike conditions as over the cloud, data conversion being progressed vulnerable to threats. On contrary, in order to save your data & self from such disasters, admin should always upgrade the file locally stored on the system.
Accessing An Updated Company File On Older Versions Is A Real Headache: It’s recommended to complete all your hookups with older versions of the software as once the conversion process of company file takes place, there’s no chance to access the files on the older QuickBooks version. In order to still have the access of the same company files on the older version of the software, user needs to take backup of the data and save it separately in the company file itself.
Enterprise Company Files No Longer Accessed Via QuickBooks Premier or Pro: Businesses who have already took the wise decision of moving from QuickBooks pro or premier versions to QuickBooks 2018 should need to know that updated data will no longer open in earlier QuickBooks pro or premier versions. Enterprise update files will be opened and accessed via QuickBooks enterprise edition only.
The Bottom Line
Businesses searching for hassle-free company data migration to QuickBooks Desktop 2018 are advised to integrate their business with QuickBooks hosting services as well. It is vital to embrace the cloud power, offered in form of hosting, in the business to confront growth, success and business integrity. Third parties are there to offer comprehensive installation support, data backup guide, and any other related services.