QuickBooks is a top-notch software used by small andmedium-sized businesses to carry out their varied accounting tasks. By
streamlining accounting, this software makes business more efficient.
A feature that is highly appreciated by QuickBooks users isthe one that allows you to merge QuickBooks files. A QB user can combine
financial reports from different company files.
There are different ways available to use
QuickBooks mergecompany files feature. If as a QB user, you want to combine financialreports, you can use any of these three methods – through QB itself, through a
third-party application, or through Microsoft Excel.
Before you go ahead with the merge QuickBooks files procedurefor combining reports, take into consideration the following points. If you
want that your combined reports are easily readable, you should make as nearly
identical as you can the chart of accounts in the different QuickBooks company
files. Also, consider that if in case the accounts have the same name and type,
and if they are, in each report, at the same hierarchical level, then they will
be combined. Names of the accounts are case insensitive.
Take into your consideration that accounts that will not becombined if in case accounts are not at the same level, if there are differences
in spellings, account numbers are different, and if one has an account number
and one is lacking it.?