How to Convert Intacct Accounting To QuickBooks?

Get the Services to Convert the Intacct Data in the QuickBooks Data file

Intacct is the solution for account management in the business but the QuickBooks provides more features to the users than Intacct. Many users want to shift to QuickBooks. Before shifting your Intacct data to QuickBooks, you have to clean up all the unrelated files from QuickBooks software.

If you are also an Intacct user and want to make QuickBooks your new account management system, you will get many benefits. You do not have to worry about the data and information you are using in the Intacct. All the information stored in the data file can be converted into a new data file that can be used in QuickBooks.

The data conversion is a very good process by which you can use your current Intacct data in the new QuickBooks tools. QuickBooks is available in many versions like pro, premier, online, and enterprise. You can convert the files of Intacct into any version you want.

This Read: Why is Journal Entry Not Showing in Sales in QuickBooks?

So it is a very good option for people who want to choose QuickBooks instead of Intacct. You can also use the conversion services if you want to share the file on the QuickBooks system.

Sage Intacct vs QuickBooks: Which is the Best Accounting Software?

Sage Intacct and QuickBooks Online are both cloud-based accounting software designed to meet the diverse needs of various industries. They offer extensive features and support numerous integrations, optimizing your business operations. The decision to opt for either Sage Intacct or QuickBooks Online hinges on factors such as the complexity of your financial requirements, your business size, budget, and familiarity with accounting software. It's crucial to conduct a comprehensive assessment of your unique needs to ascertain which solution better aligns with your business objectives.

• Sage Intacct: Multi-entity mid-sized or large businesses.
• QuickBooks Online: A comprehensive bookkeeping solution that is affordable for small businesses.

Easily Convert Any File and Get the Complete Data:

You can use the conversion services to convert any data file of the Intacct into QuickBooks. You will get the complete data and information in the new file. they convert the data of the lists and transactions.

1. Lists:

The lists are used to store all the information of the business like clients, customers, vendors, products, and employees. You will need the lists in the QuickBooks software so you will get the complete information of the lists in the newly converted file. You do not need to make new lists.

2. Transactions:

The transactions are used in every business and if you want to shift from Intacct to QuickBooks, you will get the complete information of the transactions in a new file. The transaction data contains the information on the invoices, sales receipts, bills, purchase receipts, and other account details. If you need any professional service for data Migration in QuickBooks we can help you.

Sage Intacct to QuickBooks Conversion Requirements

Examine the converting tool's system requirements before you begin.

Note: This tool is not compatible with Peachtree, Sage 50 (2014 or older), Sage 100, Sage 300, or Sage Industry Specific. Excel still allows you to transfer your data.

Choose Help and then About Sage to find out which version of Sage you are running.

Verify that your computer satisfies the system requirements for QuickBooks Desktop if you haven't already.

Why Choose SMB Accountants?

• Make sure that your most important business history is converted. You can be sure that all of your historical data will be correctly transferred to the new system.
• Reduce the amount of time it takes to convert to Quickbooks. Reduce the time spent switching between two systems and get rid of duplicate entries.
• Make that your bank accounts are linked appropriately and that all of the tables and databases in your system are working.
• Get specialized training for your entire staff, including the leadership.
• Maximize the benefits of using QuickBooks. We can help you in using the more than 150 pre-made reports and custom-created reports that are unique to your business.
• Build on top of your QuickBooks. Our skilled developers can use the QuickBooks API to create modules and add-ons that will help your business achieve its objectives.
• You have to maintain an ongoing support team to troubleshoot the issues and make sure QuickBooks is growing with your business.

Prepare for the Conversion

Make sure to save your file locally to prevent conversion tool errors.

• Install QuickBooks Desktop on the same computer as Sage 50 if you haven't previously.
• Verify that the data in Sage 50 and QuickBooks Desktop is stored locally on your hard disk. Before you begin, move it to your local hard drive if it isn't. If you host a file on a server or across a network, the conversion tool will encounter an error.

Note: You must convert your data file to the server computer if it is stored there.
Before you start, make a backup of your Sage 50 data.

Sage Intacct to QuickBooks Data Conversion Service

Sage Intacct, a widely used accounting software, is favored by many e-commerce businesses. It is often chosen to cater to the diverse needs of small to mid-sized accounting businesses. This cloud-based software solution enables the automation of complex financial operations while providing valuable financial and operational insights that enhance productivity. The process of transferring Sage Intacct data to QuickBooks Online is straightforward to follow. By following the instructions outlined in this article, you can seamlessly migrate your Sage Intacct data to QuickBooks without any errors.

Add-on Software Applications to Assist SMEs

• Accounts Payable
• Cash Management
• Contract and Subscription Billing
• Accounts Receivable,
• Contract Revenue Management
• Collaborate
• Fixed Assets
• Project Accounting
• Inventory Management
• Multi-entity and Global Consolidations
• Order Management
• Spend Management
• Sales and Use Tax
• Time and Expense Management
• Purchasing, Reporting, and Dashboards
• Vendor Payment Services

Sage Intacct’s Multifaceted Approach

• Time was saved through process automation.
• Accounts receivable facilitated faster payment clearance.
• Cash management was enhanced, leading to improved cash flow.
• The intelligent general ledger enabled the adoption of new strategies and processes.
• Order management accelerated the cash cycles for quotes.
• Purchases were efficiently recorded and maintained with greater accuracy and speed.
• Data was transformed into insights for small and mid-size business owners, allowing them to assess the profitability of their ventures.
• Intacct's automated system streamlined the management of revenue complexities and billing processes. Its efficiency as an accounting platform was unparalleled, thanks to built-in features such as contract subscription and project billing, which facilitated revenue allocation and improved cash flow.

Advanced Functionality in Sage Intacct

• Financial management with AI-powered timesheets
• Inventory management: Save time by checking the status and availability of products.
• Consolidate Numerous Multiple Currency and Global Entities: Allowing businesses to serve clients around the world and increase productivity.
• The Project Accounting Feature: Assisting businesses in adhering to their budgets while remaining profitable
• Sales and Tax Use Software: Keep compliance rules in mind while maintaining speed and accuracy.
• Spend Management Software: Corporate budgets were met through the compliance of company expenditures
• Time and Expense Management Software: Improved processes and revenue recognition to reduce revenue leakages.
• Vendor payment services: Powered by American Express ensures payments are made fast and remain secured.

Its applications in a wide range of industries have allowed Intact to remain a forerunner as a business accounting software for almost two decades.

Tools Offered by Sage Intacct

• Users have the flexibility to customize pages by inserting HTML, JavaScript, and Query components that include API calls.
• Efficiently import data into various data maps by utilizing HTML, XML, and email templates, providing flexibility based on the source data. This allows for quick and accurate data importation.
• With the relationships tool, users can create relationships between custom items or custom objects.
• Trigger: Data sets can be transformed into applications through automated behavior.
• Organize standard application objects according to the needs of each organization using custom fields and custom tabs.
• Smart Events: Communicate email-based changes or initiate calls based on API.
• Sharing and updating objects on external sites is made easier with the portal tool.
• Custom Reports can be generated using data from both standard and custom objects, providing valuable insights tailored to the specific business interests of the user.
• Smart Rules: Validate data to ensure compliance with company policies and data integrity.
• Workflows: Using platform services solutions, Handy configures actions, statuses, and work paths based on user specifications.
• Smart Events: Use an API to start calls or send updates via email.
• When updating assets on external websites, a portal tool is useful.
• Both standard and custom object data can be used to build bespoke reports that can be tailored to a user’s particular business needs.

Intacct held a dominant position in the business accounting software market for two decades until it was eventually surpassed by QuickBooks.

Despite being around since 1983, QuickBooks' presence was felt only after a stable release in 2019.

Why Now is the Perfect Time to Convert to QuickBooks?

• A combination of on-premise applications and cloud-based applications for small and medium-sized businesses such as wholesalers, manufacturers, contractors, retailers, etc.
• The system has been enhanced to provide more functions, such as a double accounting function as well as the capability to perform a full audit trail
• With regular updates and improved versions, you can take advantage of never-before-seen features like
  • Batch transaction
  • Bill tracking
  • Continuous feed label printer support
  • Deleting a batch and void transactions
  • Reports can be automated and filtered
  • Barcode scanning
  • Support for multiple monitors
  • Track the history of invoices issued to the customers
  • Payroll adjustment feature
  • Add customer PO in the subject line
  • Automated payment reminders, batch invoices, etc. will help you pay on time.
  • It became easier to categorize transactions, send statements automatically, and reach out to customers by creating groups
• It incorporated location services from Google Maps and email facilities from Outlook in collaboration with Google and Microsoft.

Switch From Intacct to QuickBooks With Us

It can be difficult to convert your accounting system to Intacct. If you have been in business for a while, you may have several gigabytes of data, and Intacct may not be a perfect match for QuickBooks. Fourlane will assign you a dedicated conversion specialist who will assess your unique situation, determine your QuickBooks products, and work with you to develop a phased conversion strategy. Additionally, we have full-time programmers who can export, clean, and import your historical data on your behalf. Your team will be fully trained on the new system after the conversion, and we will assist you in setting up efficient processes to make the most of it.

Phase 1. Determine Products Needed

Our QuickBooks Conversion Experts spend time getting to know your business, along with your current accounting system. We'll determine which QuickBooks products you will need and what your team needs from an accounting system. This may include QuickBooks Enterprise, Payroll, Point-of-Sale System, or Field Service Management.

Phase 2. Go Live & Train Your Team

The importance of training your team to use the new software cannot be overstated. We’ll conduct training to make sure your team understands how to use the new system. To ensure all QuickBooks users succeed, even if they aren’t our clients, we offer more than 200 training videos on our website.

Phase 3. Close and Review The Books

To run your business, we need to determine if you need any additional data or monthly reports. The best way to make sure we've imported everything you need is to do a thorough double-check since we don't always realize which information is important until we no longer have access. We'll pull over any additional files from your old system to QuickBooks if there are any that need to be moved.

Phase 4. Template File Setup

Our goal is to create workflows that make QuickBooks fit your business like a glove and enable us to integrate all of your current accounting system's data seamlessly. You may need to do double entry in both your old and new QuickBooks files during this short period. In addition to pulling data, you also convert any data that needs to be converted into QuickBooks, including Accounts Receivable, Accounts Payable, P&L, and balance sheets.

Phase 5: Follow-Up & Maintenance

Let's check in after a few months to see how things are going. If you're having problems, we'll try to nip them in the bud. If there are any features or data left behind in your legacy system, we'll retrieve them. Our goal is to ensure you are getting the most out of your accounting software, so we also recommend monthly and quarterly closing services to help you stay on track.

All this data is converted into a new file which will be used in QuickBooks. The inactive user information and damaged data are removed from the file so you will get the fresh file for QuickBooks. It will also increase the speed and performance of the file. You can get the conversion services online. You will just upload the Intacct file and they will give you a link to download the QuickBooks file after conversion.

Need Professional Help?

If you get stuck anywhere in the process, feel free to get in touch with the SMB QuickBooks Technical Support Team, Which is available 24/7 on smbaccountants.com.

Frequently Asked Questions

What Benefits Do I Get After Converting Intact Accounting to QuickBooks?