Conversion Error From QBO TO QuickBooks Desktop – QuickBooks already has a company file open…

You have now reached a very critical stage in conversion to QuickBooks desktop process. Even if you’ve followed all the steps, you can’t pass this final stage in the desktop.

Please give this a try if you’re getting the following error:
The “Convert Now” button (it fails at step 4) stage and get the error from QuickBooks Pro Desktop: “QuickBooks already has a company file open…”

All these steps are probably not necessary, but it’s what worked in some test.

1. Open a Sample company, select a Services-based sample company

2. Close the company and go back to the No Company Open screen

3. Click the menu bar Help –> Activate QuickBooks Desktop (this may need to do this but did it anyway)

4. Click the Activate button

5. Close the “We just need to verify your identity to activate” browser window, return to the No Company Open screen

6. BIG HOPE!!! Start the conversion process again with QBO. Again, hopefully, it will work with no error message!

Good luck!

Error Code:80029c4a When Opening QuickBooks

Error Code:80029c4a Description:Error loading type library/DLL
QuickBooks Help
When you try to open QuickBooks Desktop, you see one of the following error messages:



Solution 1: Perform a clean install of QuickBooks Desktop
Reinstall using a clean install
Update to the latest release
From the File menu, click Close Company/Logoff.
NOTE: If you open multiple company files in QuickBooks Desktop, you have to do this step for every company that are open.

Click File > Exit.
Right click the QuickBooks Desktop icon on your desktop.
Click Run as administrator.
Make sure you are in the No Company Open screen.
From Help menu, choose Update QuickBooks.
Click Options.
Select the Mark All button then click Save.
Click Update Now.
Click Reset Update then click the Get Updates button.
When the Update Complete message appears, close QuickBooks Desktop.
Open QuickBooks Desktop. If you get the message to install update, click Yes.
When the installation is complete, restart your computer.


Direct Connect online banking for Capital One will be discontinued

Direct Connect online banking for Capital One will be discontinued
QuickBooks Help
Capital One Bank will discontinue Direct Connect service shortly, after some delay from the date initially communicated. You need to have the latest QuickBooks patch and updated Bank Feeds settings to ensure smooth transition of your data from Direct Connect to Express Web Connect. We will update this article, and send an alerting email, when this change becomes active.

Note: You do not need to perform any of these steps until this article is updated, after the Express Web Connect is made available.


Tracking inventory overview and set up – QuickBooks desktop Pro Premier Accountant Enterprise

Inventory feature in QuickBooks Desktop can track the current number in stock and the value of your inventory after every purchase and sell the items to your customers. With QuickBooks Desktop Premier or QuickBooks Enterprise versions, you can even keep track of products you assemble and resell (finished goods), adding assembled units to inventory and deducting component units from inventory when you build assembly items.

To start with, you may want to be familiar with these basic steps related to questions about Tracking Inventory in QuickBooks:

1) To turn on Inventory: Go to Edit menu at the top > select Preferences > choose Inventory & Items > Company Preferences > checkbox “Inventory & Purchase Orders are active” > click OK.

Turn Inventory On


2) Create Inventory Items: Go to Lists menu at the top > Items List > Select Item tab at the bottom > click Item (or drop-down arrow) and select New > Type = Inventory Part and create a new item.
These three fields are important to set up inventory items. See screenshot sample.
For COGS Account field = Cost of Goods Sold account type from the Chart of accounts
For Income Account field = Income account type from the Chart of Accounts
For Asset Account field = Inventory Asset account which is part of the Other Current Asset on the Chart of Accounts

You do not want to put in On Hand/Total Value info here.

Create Inventory Item


3) For adding purchased Inventory items: Use Enter Bills under Vendor menu at the top or Write Checks menu under Banking at the top. Always use ITEMS tab, never Expenses tab.
4) For selling Inventory items: Create Invoice (or Sales Receipt). Use ITEM Code in the sales form. This will also automatically post COGS to P&L by reducing inventory counts.

Enter Bill or Check Use Items tab

Create Sales

Inventory Stock Report


If you need more info, you can always click HELP menu at the top and select QuickBooks Desktop Help and type INVENTORY HELP in the search field. If interested, you can also watch my famous how to inventory video tutorials on YouTube.

QuickBooks Desktop Part 10: Inventory – All you need to know about QuickBooks Inventory

Set up multi-user or network for QuickBooks Desktop

Set up multi-user or network for QuickBooks Desktop
QuickBooks Help
The following articles can help you get started if this is your first time to install and use QuickBooks Desktop in a multi-user or network environment. Follow the steps in the order shown below.

Installation and setup
Install QuickBooks Desktop
Add Windows admin rights to allow configuration of multi user access
Map a network drive (optional)
Configure Firewall and Internet security settings for QuickBooks Desktop
Set up the QuickBooks Database Server Manager and scan your file
Open a company file that is located on a remote computer
Note: If you are a new QuickBooks user, after installing Create a QuickBooks Desktop company file first before doing step 2.


Also, see helpful article:
How to Install QuickBooks Desktop

Export limitations when moving from QuickBooks Online to QuickBooks Desktop

Export limitations when moving from QuickBooks Online to QuickBooks Desktop
If you’re considering exporting list and transaction data from QuickBooks Online to another version of QuickBooks, we’d like to provide you with some detailed information, just so you understand the capabilities and limitations of the process.

For export steps, use this article: Visual guide to export.

Important: Please take careful note of the limitations listed below for the various list names. Most export errors are due to list names that are too long. If you have any list names that are longer than the limits described here, you must edit the items and shorten the names before exporting.

Size Limitations: There isn’t a known limitation of File Size (MB) for any file generated through the export process. As long as your system has enough disk space, is setup to where it will not sleep, or turn-off while idle, you should be able to export all data. The only size limitations would be the limitations of the Desktop program that you are trying to convert to. For list and item limitations for Desktop products see INF12412.

Visual Guide to Export from QuickBooks Online to QuickBooks Desktop for Windows (Pro Premier)

Visual Guide to Export from QuickBooks Online to QuickBooks Desktop for Windows (Pro Premier)

If you’re looking to export your data from QuickBooks Online, here’s a quick visual guide for you to use.

If you’re having trouble installing the ActiveX control or getting error messages, or for more information on export, see article Exporting data with Internet Explorer 11.

Exporting is only supported from Windows computers running a 32-bit version of Internet Explorer 10 or higher.
Exporting data is only available for the US product at this time.
Mac Users: Exporting from QuickBooks Online to Quickbooks for Mac
You must be logged in as an admin user on both QuickBooks Online and Desktop for this process to work. Below is the image a non-Admin user will see when trying to export.