Upgrading to QuickBooks Premier
Question: How do I upgrade from QuickBooks Pro to Premier?
Answer: QuickBooks makes it easy to upgrade from Pro to Premier.
First, download Premier. Then, back up your QuickBooks company file. Print out your balance sheet and income statement on the accrual basis.
When you are ready to upgrade, go to File > Open or Restore Company. Select “Open Company File” if you are opening a .qbw file, or “Restore Backup” if you are opening a .qbb file.
Premier will then open your company file in Premier and guide you through the steps to activate the new and more robust features of Premier.
Lastly, run the balance sheet and income statement again with the same date and accrual basis as before to make sure that all the data transferred properly.
As with most QuickBooks software, once you upgrade to a higher-level software, returning to the lower-level software is difficult.
Please email accounting questions you would like considered for the column to email@example.com with the subject line of "Ask the Accountant."
Harriet Gatter, owner of Accounting Support LLC, was an ad specialty distributor for 23 years and an adjunct professor of accounting at Neumann University. She sold her ad specialty business in 2012, became certified as a QuickBooks ProAdvisor, and now works exclusively with ad specialty distributors nationwide on their QuickBooks, order management and accounting needs.