Big news for accountants using the QuickBooks Online Accountant program, from my favorite QB blogger, Charlie Russell:
Now you can access QuickBooks Self-Employed from QuickBooks Online Accountant. All your clients will be located in one centralized list.
However, an important warning — although you may have clients who signed up on their own for QuickBooks Self-Employed (in which case it’s obviously super-helpful to have them show up in your list of QBOA clients), QBSE is NOT a full-featured accounting program. Furthermore, unlike the rest of the world of QuickBooks products (desktop and online), QBSE cannot be converted into a QuickBooks full-featured version of any of their accounting software.
This means that as accountants, we have a duty to warn clients and potential clients against this program. The costs, time and trouble to “start over” with only summary info for prior years, or even higher costs, time and trouble to re-import transactional data into a version of QuickBooks that will work properly from an accounting perspective is not worth the cost-savings of starting with QBSE.
That said: for those clients who somehow already got themselves into this situation, at least now, we as accountants will be able to access their files with all of our other QBO client files.
More here, at the original article:
Access QuickBooks Self-Employed from QuickBooks Online Accountant – Accountex Report