Tax Guru – Ker$tetter Letter

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QB File Migration Is One Way

Posted by taxguru on March 30, 2007

Q:

Subject: Quicken versus Quick Books
 
KMK:
 
I liked your comparison of Quicken vs QB on the webpage http://www.taxguru.org/qb/qbvsquicken.htm as I am considering that exact question now for a non-profit (daycare) company.  I have been doing books for a church on Quicken for a number of years and have found it satisfactory but I admit that I may not know what I’m missing.
 
I have a question about QB that maybe you can answer for me.  Can QB exchange files with an earlier edition of QB?  I know that the 2002 version of Quicken that I am available with will not do a “Save to an earlier version of Quicken.”
 
Thanks for your time,

 

A:

QB data files have always been the same as Quicken’s.  You can roll them forward to a newer version of the program, but can’t roll them backwards to an older version.  Thus, you need to be careful of upgrading data files, because you can’t go back after you’ve moved forward.

I hope this helps.

Good luck.

Kerry Kerstetter

 

The best book on QuickBooks Premier Editions

 

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