Company Information Fields (QuickBooks Conversion)

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The following table outlines which QuickBooks data items are converted to Sage 50 and which are not.

In QuickBooks

In Sage 50

Comments

Legal Company Name

Company Name (only the first 39 characters)

If QuickBooks legal company name is entirely numeric or blank Sage 50 will use the value listed in the Company name field. If this field is also entirely numeric or blank the company name will be converted as "No Name" in Sage 50.

Company Address, City, State, and Zip Code

Company Address, City, State, and Zip Code

QuickBooks allows multiple company addresses. Sage 50 will only convert the first address. For more information, see Converting address fields from QuickBooks.

Country

Country

Sage 50 will convert only one of the following from QuickBooks: US, Canada, Other.

Federal ID

Federal Employer ID

State Employer ID

State Employer ID

Sage 50 will only convert the first state employer ID.

State Unemployment ID

State Unemployment ID

Income Tax Form Used

Form of Business

Form 1020, 990, 990-PF, 990-T, and Other are converted to "Corporation"

Form 1020S is converted to "S-Corporation"

Form 1065 is converted to "Partnership"

Form 1040 is converted to "Sole Proprietor"

N/A

Company Telephone Number

Company Fax Number

Company E-Mail

Company Web Site

These fields are not available in QuickBooks or cannot be converted and must be updated in Sage 50.

N/A

Posting Method

Sage 50 will set all companies converted to QuickBooks to use real-time posting method. You can change the posting method at any time.

N/A

Accounting Method

You are prompted to select your company's accounting method during the conversion to Sage 50.