Limitations – QuickBooks – Workarounds – Transaction types

Transaction types we can’t convert

There are certain transaction types that we’re currently unable to convert to QuickBooks Online eg. Bank transfers (fund transfers). We therefore use the Journal transaction or closest transaction type as a substitute.

Another example is Xero’s prepayment transaction type.

It’s not possible for us to represent Xero prepayments in the same way they are in Xero.

This is likely to cause differences between Xero and QuickBooks Online for the duration a prepayment remains unallocated. Allocating the prepayment does correct the balances from the date the allocation is made.