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:
How can I open the .QBM file without QuickBooks?
It is not possible to open the .QBM file without QuickBooks, you need to have suitable software to open this file.
Can you let me know the difference between QuickBooks Portable Company File and Back up File?
QuickBooks portable company data file is a compact version of company data, it is used for transferring the QuickBooks data from one computer to another whereas QuickBooks back up file is the full copy of the respective accounts, it is generally created with .qbb extension.
How can I open a .qbb file from a Storage Device like a flash drive?
First of all, insert the flash drive in the appropriate slot in your computer. Now go to QuickBooks, file > click open or restore the company to open the restore wizard, now click a restore a backup copy (file with the extension. qbb) and click on Next.
How can I Convert Accountant Copy (.QBX) to Company File (.QBW file) in QuickBooks?
First of all, open your accountant copy (.QBX) and create a backup. After that, go to the file menu > Send company file > Accountant’s copy > now select convert Accountant’s copy to company file / QBW and select OK to confirm the process.
What is the Process of Creating a Portable Company File (.QBM)?
Click on File > create copy > then choose ‘Portable file option’ and click on Next. After that, click on ‘save in’ with the help of drop-down arrow. Now you need to choose desktop in location and click on save and OK.