Kerry M. Kerstetter, CPA (referred to as The Tax Guru by other CPAs around the country) helps capitalists, investors & small business owners win the tax game. See www.TaxGuru.org for much more detailed info.
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Tax Guru-Ker$tetter Letter
Friday, March 30, 2007
QB File Migration Is One Way
Q:
Subject: Quicken versus Quick BooksKMK: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QB data files have always been the same as Quicken's. You can roll them forward to a newer version of the program, but can't roll them backwards to an older version.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
Labels: QB
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 3/30/2007 10:55:00 PM Send this post:
