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Looking for QuickBooks Alternative
paradisusvic:
Now for their retired now, home checkbook stuff going forward, I will recommend GnuCash. But the business data is safer/cheaper to just let sit, and hope the dust doesn't need to be disturbed.
-Stoic Joker (October 18, 2024, 03:16 PM)
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Agreed. Transferring the business data to a secure, long-term storage solution seems like the most prudent approach. This will ensure that the data remains accessible and protected for any -hopefully unneeded- future reference.
hornet:
I wonder if the QB files can be saved as QIF?
If so, you could always get an old copy of Quicken and load them up there.
I am long retired, but still use my old version of Quicken to keep track of things.
I use the 1998 version - it still works well...... and no subscription!
40hz:
If it’s a matter of records retention I’d suggest printing out hardcopy of every report and storing the hardcopy plus multiple backups of the data files plus any ither relevant files somewhere safe. A safe deposit box or your attorney’s safe are good bets. That should satisfy any legal requirements. But I’d consult with a tax attorney just to be sure
Carol Haynes:
Not used the subscription version of QuickBooks but the old version used to allow everything to be exported in CSV format. Is that no longer possible?
Alternatively just keep the Quick Book Files - an accountant should be able to read them if it becomes necessary or resubscribe and import them when necessary. Chances are no one will ever want to look at them.
wraith808:
I don't know if it will help, but power BI has a Quickbooks connector that you can use to import the data and manipulate/report on it- you might be able to get something that will allow you to use for reporting for audit.
Also, can you export quickbooks to a format that would let you back it up, then if you do get audited, get a sub at the time and re-import it?
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