Before we move ahead and look into the process of importing QBM file to QuickBooks, it is better to understand what actually .QBM file is. So, .QBM file is nothing but a compressed version of company accounts and related data. It is the financial data created by QuickBooks. You should be aware that they do not represent the full back up; for full back up, you will have to export .QBB file instead.
Importing the .QBM file to QuickBooks
You will have to open your .QBM file in QuickBooks desktop and export your entire QBDT file to QuickBooks Online. You need to follow the below steps to export the .QBM file to QuickBooks Online from QuickBooks desktop:
Step 1. You need to click on the company menu on QuickBooks desktop and select Export Company file to QuickBooks Online.
Step 2. Now you need to log in to QuickBooks Online screen by entering your credentials.
Step 3. In this step, choose if you want to import your inventory data, select the company that you want to import the data for in the company drop-down or else create a new online company for importing the data.
Step 4. In this step, click on continue, then OK and ‘Got it’ button in continuous succession, and make sure you get an email that can confirm that the data transfer is completed.
Frequently Asked Questions
Now let us look into some frequently asked questions to give a further understanding on this topic: