Microsoft Office Accounting 2008 gives you the option of migrating all of your QuickBooks data or only the master records. Select All data or Master records only, and then type the location of the QuickBooks file where your data is located in the Select file field, or click Browse.
All data includes all master records and transactions, including invoices, vendor bills, purchase orders, and sales orders.
If you select All data and click Next, the Access and migrate your data page opens. You will be asked to allow Office Accounting 2008 access to your data in QuickBooks. Because QuickBooks is a separate program, you will receive its security messages when Accounting 2008 begins accessing your data. You must accept the QuickBooks security messages to continue with the data migration.
Master records only
Master records only includes the Chart of Accounts, account closing balances, and such records as customers, vendors, employees, and jobs. Select this option if you do not want to use prior transaction data recorded in QuickBooks.
If you select Master records only, a list of master records will appear. Select the types of master records you want to import, and then click Next.
Chart of Accounts Lists all of the accounts created for your company and their total balances.
Items Includes services, physical goods kept in inventory, and physical goods not kept in inventory.
Note: Inventory items in QuickBooks must have a cost of goods sold account associated with them to be migrated to Accounting 2008.
Customers Individuals or businesses that purchase a product or service from your company.
Jobs Contracts or projects your company performs for its customers.
Vendors Companies, such as contractors or suppliers, from which your company purchases products or services.
Employees Individuals hired to perform work for your company.
Balances Accounting 2008 only migrates balance sheet account balances (cash accounts, bank accounts, other current asset accounts, inventory accounts, other asset accounts, fixed asset accounts, credit card accounts, current liability accounts, long-term liability accounts, and equity accounts) from QuickBooks. It does not migrate income and expense account balances (income accounts, other income accounts, expense accounts, other expense accounts, and cost of goods sold accounts).