Oracle to QuickBooks Data Conversion/Migration

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Data Conversion

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Among all the present accounting softwares, QuickBooks is the most trusted accounting software which gives you an efficient business with a managed accounting software. It helps you in streamlining and managing the minute details of your business.

In order to increase business productivity, QuickBooks with its advanced features can help you in fine-tuning your business. It will help you bring in productivity in a well defined manner. It has better features as compared to Oracle and can help you in better ways.

Why do you need to convert from Oracle to QuickBooks Data Conversion?

Users looking to switch from Oracle to QuickBooks Data Conversion need to understand the requirements of their business. In case your current accounting software is not able to meet the needs of your business then it is advisable to choose QuickBooks.

As compared to Oracle, QuickBooks offers a unified accounting system where you can keep your payroll, bank information, tax payments, etc. QuickBooks is highly compatible with both Windows and Mac Desktops and other software.

A few reasons why it is important to convert from Oracle to QuickBooks Data Conversion:

With QuickBooks, you can support web based, iphone, and Android apps platform. However, Oracle only supports web based platforms.
QuickBooks is an all rounder accounting software suitable for all kinds of businesses including freelancing, small and mid sized businesses, and even large sized businesses. On the contrary, Oracle is best suited for mid and large sized businesses only.

What is the conversion process of Oracle to QuickBooks?

The steps involved in converting Oracle to QuickBooks are listed below:

There is a welcome panel to begin a conversion.
Allow you to begin the conversion tasks
Connect to the source database next.
Make the necessary table creations in the destination database before deciding which tables to convert.
Make a copy of the data in your new database.
Apply the foreign key limitations, please.
It now executes the personalized SQL scripts after conversion.
At last, the conversion process will begin.

What are the new features involved after the conversion process?

When you access QuickBooks after using Oracle, you’ll find it way more efficient. QuickBooks adds a new kick to your business and makes accounting easy and effective.

Full Access Of Your Business

If your business is full of accounting functions, it is best that you use QuickBooks. QuickBooks is best suitable for bookkeeping and accounting services. With QuickBooks’s efficient features you will get full access to see the company data anywhere at any time.

Introduction to new technologies

QuickBooks bring in advanced technologies to deal with. This makes business and life easier in the long run.

Automatic Backup and restoration

Keeping up with new upgrades is a tough job to do. However, with QuickBooks automated features of upgrades, backup and restoration, you can sit back without any hassle.

Strong Security

Data and transactions are one such important factor of your business. No matter what, it needs to be kept safe. By using QuickBooks hosting you can ensure yourself a high level of security that can help you keep your data safe. Moreover, the host will provide advanced level solutions in times of theft, loss or unauthorized access. To keep it double safe, you can set different codes depending upon your staff and employees.

Collaborations Possible

You can encourage yourself into more collaborations. Pro version will allow real-time data sharing and create a friendly environment to work. This will help in creating more collaboration.

Scalability for future growth

Growth is extremely important in a business. One must always find ways to upgrade their business. By hosting QuickBooks, you can easily scale up your resources according to your requirements. Depending upon the needs of your business, you can also integrate third party applications. This will help you streamline your work and enhance your business.

Cost Friendly

When running a business there are a lot of other expenses that require you to invest money. This is why it is important to save money from your QuickBooks cloud hosting account. The subscription is a monthly payment based on how you use it and what your requirements are. Moreover, you don’t need to worry about upgrading or even buying different licenses. All of this is the job of the hosting provider.

How do you Convert From Oracle to QuickBooks Conversion?

Step 1: You have to be sure about your product needs- It is very important for your QuickBooks Conversion expert to spend a good amount of time getting to know your company and current system. This will help them in understanding your company’s requirements. Your business’s centric growth and key values are extremely important in order to generate more profit. For this, you’ll need very specific QuickBooks Products like QuickBooks Enterprise, Payrolls, or Field Service Management.
Step 2: Arrange and Set the Template- Every business has its own set of requirements. It is important to check if QuickBooks fits your company properly and is able to gather all the data from your current accounting system. For this, you need to double click a part in both the new QuickBooks record and old system during this short period of time. Now you retrieve all your data including reports such as P&L, financial record etc. Not just this, you can include any other data that needs to be switched.
Step 3: Train the team for efficiency- The entire process of transitioning your data requires efficiency. So in order to ensure your data gets migrated in the best way possible, you need to ensure a training team. Training would be beneficial for smooth transitions of your programs. Ensuring your team’s efficiency will bring in growth into your business.
Step 4: Review your QuickBooks- This is the most crucial step as with this you will go through your QuickBooks to locate any issue. Many times, it gets very difficult to understand the depth to which your data is important. If once the data is lost, it gets difficult to retrieve it back. This makes it essential for users to double check the imported data. If you still require to move more data, do it from your old system to QuickBooks.

Step 5: The Follow up Process- Now that everything is ready you may run your QuickBooks software for a month to see if there are any problems. With the instruction manual, you can get any information that was not able to be retrieved in the process. Moreover, you can enable ongoing monthly or quarterly closing services which will help you stay on the target.