Was this page helpful?
Thank you!

Comments or suggestions?



Enter Email Address (optional)
email

About converted Quicken account names in QuickBooks

For each account in the Quicken file, QuickBooks creates an account in QuickBooks. QuickBooks creates the accounts as follows:

This type of account in Quicken

Becomes this type of account in QuickBooks

Checking

Bank

Credit Card

Credit Card

Cash

Other Current Asset

Asset

Other Current Asset

Liability

Other Current Liability

Investment

Other Current Asset

QuickBooks and investments. QuickBooks copies a Quicken investment account to an Other Current Asset account because QuickBooks doesn't have a special feature to track investments. If you want to include the value of your investments in your QuickBooks balance sheet, use Quicken to track your investments. Then when you're ready to create a balance sheet, update the balance of your QuickBooks current asset account.

Deleting Quicken accounts before converting to QuickBooks. If you don't want your QuickBooks balance sheet to include your investments (or other Quicken accounts), make a copy of your Quicken data, then delete the Quicken accounts before you convert to QuickBooks. All transfers to/from the deleted accounts will be converted to your opening balance equity account in QuickBooks to ensure that your accounts balance. You can still use Quicken to track your investments and other accounts.

KB ID# H_SETUP_INFO_ONBOARDING_QK_ACCOUNT_NAMES_TO_QB
12/2/2016 4:19:23 PM
PPRDQSSWS407 9138 Pro 2017 e5ec2b