Skip to main content

Documentation Index

Fetch the complete documentation index at: https://docs.getasset.com/llms.txt

Use this file to discover all available pages before exploring further.

The QuickBooks import feature allows users to migrate their financial data from their QuickBooks account to Asset, starting from 2 full fiscal years before the Business’ entries start date.

​
How to use Asset’s QuickBooks Integration

Within Asset’s platform, click Add Account in the Business’ account page, and select Connect QuickBooks Online. You will be redirected to QuickBooks Online login page to authorize Asset to access your account. Follow the instructions on the wizard until the account is connected. Note that it may take up to 20 minutes to complete the import.

​
What gets imported

  • The QuickBooks chart of accounts are imported and matched to Asset’s standard ledgers.
  • Unmatched QuickBooks accounts are created as new Ledgers in Asset.
  • Unused QuickBooks accounts are not imported.
  • Accounts balances are also imported and consolidated at the end of the 2 full fiscal years.
  • All accounting entries from 2 full fiscal years to the business’ entries start date.

​
What happens after data is imported

Asset will ensure that bank accounts from QuickBooks are properly matched to connected accounts in Asset. You can also perform this action within Asset from the chart of accounts page, by selecting Move Line Entries for a Ledger, and following the instructions in the wizard.

​
How to delete a Business’ QuickBooks data

In case a user wants to remove their QuickBooks data, they can go to the Accounts page in the Asset platform and remove the connection. This will remove all of the imported data including accounting data, ledgers that are unused and the balances that where created during the import.
Questions? Reach out via our Contact form.