Wave to QuickBooks (Data) Conversion Services

QuickBooks is undoubtedly more powerful and comprehensive accounting software than Wave. It offers exclusive features to all its users such as the ability to create custom invoice forms, detailed financial reports, and track inventory levels. Also, it is designed to work with other software programs including Microsoft Excel, so you can easily create or track complex financial reports.

We at eBetterBooks help you to simplify, streamline and automate your financial tasks with full data protection. Below is a list of what you can convert:

• Customer Details
• Supplier Details
• Chart of Accounts
• Products and Services
• Invoices and Credit Notes Detailed
• Credit Notes  
• Sales Receipts  
• Bills and Bill credit Detailed
• Opening Account Balances
• Aged Receivables
• Aged Payables
• Bank Transactions (Includes Invoice payments, Bill payments, and other Bank Transactions)
• All Manual Journals

You can use two simple ways to move your Wave data into QuickBooks; export your data to an excel spreadsheet or a CSV file and import it from your QuickBooks accounting software. For this, navigate to the File menu and hover over Utilities then select Import. After this, click on Excel files and if you get a new screen prompting you to Add/Edit Multiple List Entries, press No. Later. Follow the on-screen instructions and hit the Finish tab once done.

Below are the minimum system requirements to switch from Wave to QuickBooks:

There are two types of migrations: basic or standard. Basic migration can only convert charts of accounts, customers details, suppliers details and opening balances whereas standard migration can migrate all transactional data from one historical year and current year to date.

The cost of Wave to QuickBooks transition services may vary depending on the complexity of your data and how much data you have to migrate. We at eBetterBooks, try to understand your business needs or requirements and charge a fair amount of our services.

Yes, we have a list of data that cannot be converted using the QuickBooks conversion tool which includes:

• Budgets
• Track Inventory
• Description
• Classes
• Items
• QTY and sales price
• Fixed Asset
• Expense Claims
• Memorized Transactions
• Payment Terms
• Custom VAT Rates
• Invoice Templates
• Time Sheets
• Repeating Invoices after the “Convert To” date
• Deleted/Void Transactions
• Allocation of Invoices or Bills against credit notes
• Transaction lines with Nil Values
• Attachments
• Unreconciled Entry

We, at eBetterBooks, firstly ask you to identify the type of migration you want to do according to your business needs and later provide user access to your wave account to QuickBooks. After this, our dedicated experts will help you to import your Wave data into a QuickBooks Online trial account. It will take a few minutes to process and once done, you get the QuickBooks Online file with all of your transactions. Then, you can check that the file is imported with no errors, discrepancies or corruptions.

Wave and QuickBooks accounting software both are completely different from each other. Here’s how: 

• Wave is only used for mid or large sized businesses but QuickBooks is better for small, mid and large-sized businesses.
• Wave doesn’t involve any integrated time tracker for hour-based pricing which QuickBooks offers. 
• QuickBooks provides multiple budgeting tools and excellent reporting capabilities but Wave is not a right fit for the users. 
• With the help of QuickBooks, users can track inventory, manage finances and scan receipts more effectively than Wave.

Yes, ofcourse, you can export all of your transactions, bills, customers and vendors lists as a zip file in a CSV or an excel format with the bulk data export option.