August 29, 2024
QuickBooks to Business Central
Businesses dealing in accounting can use both QuickBooks and Microsoft Dynamics 365 Business Central software solutions to solve mission-critical issues. Both the applications provide accounting functionality and can deliver the fundamental functionality required to manage basic accounting in a SMEs. However, the two solutions are distinguishing from each other and worlds apart.
For the most part, QuickBooks are considered to be more suitable for simple small businesses or micro-businesses. On the other hand, Microsoft Dynamics 365 Business Central assists businesses in solving more complex needs of growing small and mid-size businesses. Interestingly, there are many businesses, who start with QuickBooks and then move to Business Central as their business and its complexities grow.
Furthermore, as QuickBooks is going dysfunctional in India, businesses running on such application would need a better alternative. Hence, acknowledging challlenges with QuickBooks and planning for QuickBooks To Business Central Migration at this point would be a diligent business move.
Key Challenges with Quickbooks
One of the key challenges with QuickBooks is its maximum records limit.
It readily levies limits on the number of records the system can process and hold in its archive. These records can be number of employees or posted transactions. Once you reach the maximum record limit, your will have to start clearing the history from QuickBooks. Businesses using the application must have come across this challenge quite often.
With an insecure file structure, the QuickBooks data is exposed to direct editing within the data tables. One can do after the fact ‘editing’ of posted transactions and the changes made are not recorded. It enables for out-of-balance transactions creation.
Why Dynamics 365 Business Central?
Microsoft Dynamics 365 Business Central is a comprehensive, SaaS ERP solution. It comes with advanced capabilities to manage mission-complex business processes and offers secure workflows for improve compliance.
- There is a shared codebase between Dynamics 365 Business Central and Dynamics NAV. This helps ensure complete data consistency and easy transition for users between on-premise and cloud versions.
- Dynamics 365 Business Central can be deeply integrated with Office to enhance productivity and increase usability for users.
QuickBooks to Business Central Migration
You can avail of an extension to easily o migrate customers, vendors, items, and accounts from QuickBooks to Business Central. Accredited and experienced Dynamics 365 Business Central Solutions Provider like NavisionIndia can help you with such extensions and move to a better alternative flawlessly.
If you are running your business on QuickBooks today, we can help you export the relevant data and upload the data to Business Central with the least hassle.
You can migrate the following data from QuickBooks to Business Central
- Customers
- Vendors
- Products or Items
- Chart of Accounts
- Beginning Balance transactions in General Ledger
- Quantities for Inventory Items
- Open documents (invoices, credit memos, and payments)
As an experienced and acclaimed Business Central Solution Provider, we perform QuickBooks To Dynamics 365 Business Central Migration only for full amounts on sales and purchase documents. We abstain from updating partially paid amounts.
For example, if a customer has paid 300 of a total of 500 dollars on a sales invoice, we will perform data migration for the full 500 dollars. In case, you have received partial payments, you need to update these manually. This has to be done either before migrating the data or after QuickBooks to Business Central Migration. As experts, we recommend applying outstanding transactions before migration to simplify things afterwards.
Prerequisites to QuickBooks to Dynamics 365 Business Central Migration
One of the most important parts of QuickBooks to Business Central Migration process is to specify the accounts where transactions are migrating. It is preferred to plan this mapping before performing data migration.
For example, the accounts where transactions are posted
- The sale of products or services to customers
- The purchase of services or items from vendors
- Changes in the General Ledger
Dynamics 365 Business Central demands that General Ledger accounts have account numbers assigned to them. For this, you need to ensure that account numbers are assigned to your accounts in QuickBooks. For instance, if your transactions in QuickBooks have tax amounts, you need to set up a tax account for your tax transactions in Business Central before you post transactions.
Our Migration Services Offerings
- General Ledger Chart Of Accounts Transfer
- General Ledger Transaction Detail Transfer
- Accounts Receivable Customer Master Transfer
- Accounts Receivable Open Transactions Transfer
- Accounts Payable Vendor Master Transfer
- Accounts Payable Open Transactions Transfer
- IV Item Master Transfer
- IV Current Inventory On Hand Transfer
- Open Sales Orders Transfer
- Open Purchase Orders Transfer
- Business Process Consulting
- User Training
As we know that QuickBooks are going to be dysfunctional in India, you will have to migrate to a more comprehensive cloud-based ERP solution than QuickBooks. And, Dynamics 365 Business Central is one of the most preferred choices for SMEs. It renders greater scalability and more profitability than any other application.
Additionally, QuickBooks To Dynamics 365 Business Central Migration performed under the aegis of an accredited and renowned Business Central Solution Provider like NavisionIndia goes error-less and hassle-free. Here, you can connect to Business Central Consultants and make a judicious business move.
For more details on moving from QuickBooks to Business Central, write to us at info@navisionindia.in Or Schedule A Demo