MYOB to QuickBooks Data Conversion

Switch from MYOB to QuickBooks to enjoy advanced automation features, seamless integration options and robust reporting tools with eBetterBooks fast, secure and hassle-free data conversion services.

QuickBooks data conversion

Migrate from MYOB to QuickBooks for Better
Inventory Management & Customization Options

QuickBooks is a widely-used accounting software suitable for small to large-sized businesses, offering a variety of benefits to its users such as bookkeeping, invoicing, financial reporting, payroll management etc. It comes up with multiple versions like Pro, Premier, Enterprise or Online from which you can choose any that suits your business needs. QuickBooks can be easily installed on both Windows and iOS with different system requirements. 

Due to its worldwide popularity, QuickBooks provides seamless integration add-ons, cost-effective solutions, automated accounting features, user-friendly interface, enhanced reporting and analytics tools while MYOB has limited user-access, steeper learning curve, complex reporting & inventory management options for startups and freelancing projects. 

The QB software also has a variety of customized & personalized features where you can get data privacy, on-demand access, invoice branding, payment reminders, regular data backups, financial reporting and bank synchronization to ensure the accuracy and consistency in your financial data. There are different in-built tools available for managing inventory, shipping, sales orders, pricing, tasks, invoicing, reporting, and identifying any error with QuickBooks, thus making it more reliable or convenient software for the users having less knowledge of accounting & bookkeeping. 

Contents

Convert from MYOB to QuickBooks and Get the Most Comprehensive Features & Tools

  • Enhanced Reporting Tools

    QuickBooks includes sophisticated reporting and analytics tools that help businesses to get better insights into their financial management, sales processes, and inventory status. You can apply filters, customize fields, generate reports, create dashboards and integrate third-party apps for accurate decision-making and analysis.

  • User-friendly Interface

    With QuickBooks, you can enjoy the most intuitive user-friendly interface designed to tailor specific business needs and streamline your workflows more efficiently with its straightforward navigations and features including accounting, bookkeeping, time tracking, payroll, receipt management, and inventory tracking.

  • Flexible Hosting Options

    QuickBooks can be easily hosted on a local server, allowing businesses to handle their transactions and manage data with flexibility and convenience. It also provides full control over the software setup, configuration or migration in a more suitable and customized hosting environment.

  • Advanced Inventory Management

    QuickBooks helps you to scan your receipts and save the receipt data in the software with the warehouse management app for android, allowing you to track the current status of your orders and manage inventory tracking more efficiently and conveniently.

  • Seamless Integration Capabilities

    QuickBooks allows you to integrate with more than 400 third-party apps categorized related to payroll, CRMs, e-commerce, banking and others for faster computing services, giving you best possible insight and control over the ongoing accounting processes and data.

  • Highly Customizable & Scalable

    QuickBooks offers different customization options and a range of plans that can be scaled up or down to accommodate the business growth as per your changing needs, making it a more flexible option for small to mid-sized business owners who want to customize their forms, templates and reports.

Which Info Can be Converted from MYOB To QuickBooks

Our dedicated experts try their best to provide you with more flexible, faster and cost-effective QuickBooks data conversion services in just a few clicks. Here’s what we can migrate for you: 

Icon Chart of Accounts 

Icon Customers List

Icon Vendors List

Icon Opening Balances & Invoices

Icon Aged Payables

Icon Aged Receivables

Icon Jobs

Icon Other Names

Icon Items List

Icon All Manual Journals

Icon Assembly Builds

Icon Inventory Quantities and Values

Icon Employees List

 

Icon Bank and Credit Cards balances

Icon Summary Trial Balance (no detail)

Icon Unapplied Credit Memos

Icon Unpaid Bills

Icon Unapplied Bill Credits

Icon Estimates

Icon Sales Orders

Icon Purchase Orders

Icon Multi-Currency data

Icon Single currency files

Which Info Cannot be Converted from MYOB To QuickBooks

At eBetterBooks, we ensure to migrate all your data seamlessly from one software to another without any disruption or accidental data loss. But there is some data that can not be moved directly to QuickBooks due to some compatibility differences, which include:

Icon Expense Claims

Icon Tracked Inventory

Icon Payment Terms

Icon Deleted/Void Transactions

Icon Transaction lines with Nil Values

Icon Individual Pay Runs for the conversion period

Icon Sales Rep

Icon Customer Jobs

Icon Attachments

Icon Unreconciled Transactions

Icon Invoices or Bills against credit notes

MYOB to QuickBooks - Advanced Inventory Management, Seamless Integration Options & Collaboration on the Go

At eBetterBooks, we ensure to migrate all your data seamlessly from one software to another without any disruption or accidental data loss. But there is some data that can not be moved directly to QuickBooks due to some compatibility differences, which include

At eBetterBooks, we deliver fast & hassle-free QuickBooks data conversion service for MYOB:

Icon Assessing your needs

Icon Preparing your data

Icon Mapping old MYOB data to new QuickBooks fields

Icon QuickBooks configuration, verification, and testing

Understanding Your Options: Sage 300 Construction to QuickBooks

Pros Cons

MYOB Pros:

  • User-Friendly Interface 
  • Highly Integrated with MS Office and other CRM systems
  • Data Security & Encryption 
  • Better Customization Options
  • Advanced Tax Compliance features for tax calculations, reporting and filing. 
  •   

QuickBooks Pros:

  • Various Industry-specific versions including retail, contractor or nonprofit organizations
  • Better Cloud-based Functionality
  • Robust Reporting Capabilities 
  • Exclusive Automation Features such as invoicing, expense tracking and bank reconciliation 
  • Seamless Third-party Integration Options 
  •  

Construction cons:

  • More Expensive for small-sized businesses and startups
  • Compatibility and Configuration issues
  • Limited Cloud-Access
  • Delays in Customer Feedback Implementation 
  • Steeper learning curve 
  • Complex Reporting & Inventory Management

 

QuickBooks Cons:

  • Limited Multi-currency Support 
  • Complex Inventory Management 
  • Less Customization Options
  • Platform Dependency

Confused! Which QuickBooks Version is Best for you? Ping our Experts to Get the Right Answer!

Select QuickBooks Pro for small businesses with basic accounting needs, QuickBooks Premier for industry-specific solutions or advanced inventory management features, QuickBooks Enterprise to handle large data sets and high transaction values with customizable templates and forecasting tools or QuickBooks Online for more than 400 integration options related to payroll, CRMs, e-commerce  and others. 

Our dedicated conversion experts at eBetterBooks will help you to make the right choice for switching from MYOB to QuickBooks and work round the clock to perform the most accurate,precise or smooth transition.

Schedule a Call

MYOB to QuickBooks: Test and Validate Data with
Post-Conversion Support

1

We conduct comprehensive training sessions to empower your team with all the capabilities required for the new software.

2

Get 24*7 assistance from our support channels for any conversion related queries or concerns.

3

Our dedicated experts promise you to provide speedy transition without any accidental data loss, disruption or inconsistencies.

4

We offer complete documentations and resources to help users in navigating the new software more effectively.

5

Our service providers prompt you to share post-conversion feedback and reviews to identify areas for better enhancement or frequent improvements.

Make your Move Easy with eBetterBooks QuickBooks
Data Conversion Services

Sit back and relax, our service providers will migrate your crucial data, keeping all your business requirements in mind. 

E

Expertise in MYOB to QuickBooks data conversion sets us apart. With our dedicated team members, we guarantee thoroughness, precision and reliability in every aspect of your data conversion process.

A

Accurate MYOB to QuickBooks data conversion is our speciality. We apply a comprehensive evaluation process to ensure every transaction is accurately mapped and transferred.

S

Seamless MYOB to QuickBooks data conversion is our expertise. From evaluation to implementation, every step is carefully followed so that your data can never be compromised and you can get the best data conversion experience ever.

Y

Year-round MYOB to QuickBooks data conversion is our commitment. We work tirelessly to provide uninterrupted service and ensure a smooth and convenient data transition service to our clients.

Checklist: MYOB to QuickBooks Data Conversion

Things you do for your business!

Icon Check QuickBooks Desktop Variant or Version You Want to Convert to.

Icon Identify the number of users and stakeholders

Icon Any specific features/ requirements you are looking for?

Icon Make a note of the accounting system (accrual or cash-based) in use.

Icon Using multi-currency invoices.

Icon Linking bank accounts, credit cards, and payment gateways.

Icon Need to control authorizations for accessing accounting data.

Icon Switch to Single-user or Multi-user environments.

Icon Go for any QuickBooks integrations.

  • Payroll
  • Time tracking

Icon Is there any need for inventory management?

Icon Make a note of minimum system requirements (in case of QuickBooks Desktop)

Icon Mark any historical data you want to move to QuickBooks desktop. 

Icon Check your data file/ Company file.

Icon Extract tax information and any previously generated audit reports.

Icon Expected timeframe for the conversion process.

Icon Create a backup of the existing accounting data.

14 Days Data Recovery Guarantee

At eBetterBooks, our team prioritizes the safety, security and integrity of your data as we understand how important it is for your business growth. In case of any unforeseen event if your data has been lost or missing during conversion, we ensure fast or smooth data recovery within 14 days and provide uninterrupted data access from your server or workstation. 

What you can Expect After MYOB to QuickBooks
Data Conversion

1

After the conversion, you will receive an email with the subject header “Your Conversion is Ready to Review.

2

You have only 72 hours to review and approve your conversion.

3

Match your data with the reports you exported earlier to our team. Once the transition is over, our dedicated experts will provide:

  • A QuickBooks backup file (.qbb) for easy restoration on your system. 
  • Verify all your transactions are marked up as reconciled. If any transaction is not supported in QuickBooks desktop/online, we’ll provide standard workarounds and post-conversion instructions. 
  • Get a detailed post-conversion checklist to make your transition faster or smoother. 
  • We ensure journal entries are linked to their respective invoices and bills so that your trial balance isn’t affected after the migration.
QuickBooks Conversion Expectations

MYOB to QuickBooks Data Conversion Process

Let our experts assist you with making your migration smooth from one software to another. 

Phase 1:

Know your Business needs

Our QuickBooks data conversion specialists evaluate your MYOB data that needs to be converted, data structure, technical specifications, and your needs. This may include financial data such as general ledger accounts, inventory data, accounts payable and receivable and much more. We solve your doubts, identify data to be transferred, communicate with our clients to check your systems compatibility and set up scope and timeline. You’ll be in command at every stage.

Phase 2:

Prepare data for Migration

According to your business needs you can move from MYOB to QuickBooks and we will help you to transfer information like Accounts Receivable and Accounts Payable reports, P&L, monthly balance sheets, and any other data that needs to be converted to QuickBooks without any discrepancies, errors, and duplicate entries. Your data will be cleaned and backed up as a security measure before the conversion begins.

Phase 3:

Informed Decision Making

During MYOB to QuickBooks data migration if you’ve any doubt, our dedicated data conversion experts will help you to determine what advanced or customized features you get based on your changing business needs, team size, and future plans, single-user or multi-user, PC or networked, Payroll or POS, etc. Our service providers will assist you make an informed or right decision.

Phase 4:

Mapping data to QuickBooks Fields

Mapping the data from MYOB to the corresponding fields in QuickBooks software. The data that is identified to be transferred (Balance Sheets, Income Statements, Payroll Database, Invoices, Accounts Receivables, Accounts Payables, expense reports, reconciliations, and any other data needed to be converted), will be sorted and experts will ensure that data categories align accurately to avoid discrepancies and redundancy.

Phase 5:

Conversion, Verification and Testing

Our in-house full-time programmers initiate and monitor the data conversion process and fix any issues or errors so that the system functions properly. We check the new system to ensure the integrity and accuracy of your financial transactions and reports. If any other data is required to be transferred or you want to add more, the process will be repeated for your satisfaction and scope.

Phase 6:

Team Trainings & Follow-ups

Our highly-skilled staff to shorten the learning curve for your team and make sure they know the functionalities, navigations, or features of your new system. For this, we conduct especial training sessions for them so they can help you to manage workflows, set up basic configurations, charts of accounts, integrations etc.and try to make your move complete and successful. We aim to make things work for you in an efficient manner.

Phase 7:

Post-Conversion Support & Optimization

Experts will review all your unresolved queries and optimize your workflow, system, software, etc. for improved efficiency. They’ll ensure that users are comfortable or happy with the new QuickBooks setup and they don’t have to encounter any problem meanwhile or after the migration process. We give our best to meet your expectations within the estimated turnaround time-frame.

MYOB to QuickBooks Data Conversion: Work Around

Switch from MYOB to QuickBooks for evaluating, implementing and optimizing the right QuickBooks solution for your business.

Icon Sub Accounts in MYOB become Independent Accounts in QuickBooks Desktop.

Icon Inactive Accounts in MYOB become Active in QB Enterprise during conversion.

Icon Open Receivable/Payable Invoices in QuickBooks Desktop show only unpaid balances.

Icon Custom Sales Tax Rates transform into standard rates with a separate “Tax Adjustment” entry in QuickBooks.

Icon Inter Bank Transfers convert via Clearing Account in QuickBooks Desktop.

Icon System Accounts like Retained Earnings, VAT Control Account are used in QuickBooks Desktop.

Icon Inventory Details import as “non-inventory” types in QuickBooks desktop; manually change to “Inventory” type post-migration.

Icon In multi-currency files, QuickBooks applies the same exchange rate for all accounts, potentially affecting trial balance.

Icon Rounding may differ between MYOB and QuickBooks desktop due to precision techniques.

Icon Dummy numbers (e.g., Bill1, Inv1) used for Blank Bill and Invoice reference numbers.

Icon In case of duplicate reference numbers, transaction numbers or unique characters are added.

Icon QuickBooks limits Reference numbers to 20 characters; longer numbers are trimmed.

Icon Total Accounts Receivable and Accounts Payable in QuickBooks will not exactly match the Total Accounts Receivable/ Accounts Payable in MYOB as the different exchange rates used in QuickBooks software.

Minimum System Requirements For Sage 300 Construction to QuickBooks Conversion

For MYOB to QuickBooks Data Conversion

Operating System Compatibility

You are recommended to run your system on Windows 8, Windows 10, or Windows 11 to support the conversion process.

Processor Requirement

Your system should have a minimum of 500 MHz Intel Pentium II processor to handle the conversion tasks efficiently.

Memory (RAM) Requirement

Maintain at least 512 MB of RAM to support the conversion process and prevent system slowdowns.

Microsoft .NET Framework

Check your system has Microsoft .NET Framework Version 2.0 installed, as it is a minimum requirement for compatibility.

MYOB Version

Make sure you are using MYOB version 2013 or higher to facilitate the conversion process without any compatibility issues.

Hard Drive Space

Allocate a minimum 2.5 GB of free up space on your hard drive to accommodate the conversion files and ensure smooth transition.

FAQs

Yes, the .MYE file type is compatible for exporting data from QuickBooks. This can be used to import transactional data for a single financial year, chart of accounts details and basic company information into MYOB Accountants Office (AO) and MYOB Accountants Enterprise (AE), supporting tax and other end-of-fiscal-year workflows.

MYOB uses Microsoft SQL as the underlying database, making it more unique, convenient and seamless for the implementing partners having direct access to the SQL database.

MYOB is a well-known software excels at inventory control, payroll, and cloud-based accessibility. However, it still requires desktop software updates. QuickBooks is the most integrated program, offering a range of products for different business sizes and their complexity.

MYOB provides both established companies and growing small businesses with a full-featured cloud-based ERP system. The software is designed to manage complexity with different scalable options and reporting tools by connecting projects, accounting, payroll, financial management, inventory and more — all on one platform.

Before submitting your request, there are a few steps you need to follow in your old file to prepare it for the migration and ensure no transactions are lost, missing or misplaced when converting from MYOB to QuickBooks : Make sure no data is entered to your old file before exporting to avoid additional costs. Reconcile all your bank and credit card accounts. Address unreconciled transactions and identify issues such as duplicate entries, disruptions and inconsistencies in your data. Resolve all outstanding bills or invoices that are not going to be paid. Check your contact list and employee leave records are accurate. Review your inventory and adjust any negative stock. Always create a backup file to prevent accidental data loss.