We understand that accounting work can be overwhelming.
Frequently Asked Questions (FAQs):
How do I add GL codes/Tax codes/Vendors to Float?
Do QBO Customers & Projects sync to Float?
Can more than one of my businesses in Float be connected to the same QBO account?
Do "Tags" get imported into Float?
Do transactions get exported automatically?
Is there a way to re-export transactions?
What happens if I disconnect/reconnect my QBO to Float?
If QBO Classes, Customers, or Projects are marked inactive in QBO, will they still sync to Float?
What's an accounting period?
An accounting period is a specific timeframe used by businesses to record and report their financial activity. It's a period of time, such as week, month, quarter or year, during which transactions are grouped together for analysis and financial statement preparation.
How do I add GL codes/Tax codes/Vendors to Float?
Once you connect your QBO account to Float, all of your Vendors, Tax codes and GL Codes that are in your QBO will automatically sync to Float.
For more information on how to set up your Float QBO integration, please see:
Do QBO Customers & Projects sync to Float?
QBO Customers & Projects are synced to Float as "Custom Fields" and are only available on the professional plan. Please reach out to support@floatfinancial.com to upgrade!
Can more than one of my businesses in Float be connected to the same QBO account?
Yes! You can connect the same QBO account to multiple business entities in Float.
Do "Tags" get imported into Float?
Tags in QBO are not imported into Float. QBO Classes are imported from QBO to Float as Custom Fields.
Do transactions get exported automatically?
No, they do not! Once transactions become compliant, you'll have to select and export them manually. For details on how, see: Transaction Export Overview
Is there a way to re-export the transaction?
Yes! You can re-export transactions that have already been exported. To do so:
- Go to the Transaction Export page > Go to Exported > Find and select the previously exported transaction
- Make your changes > Select the "Re-Export" button
What happens if I disconnect/reconnect my QBO to Float?
When you disconnect QuickBooks Online (QBO), your Float account returns to the state it was in before QBO was connected.
Any manually created tax codes, GL codes, or vendors will remain in Float.
Any data that was imported from QBO (tax codes, GL codes, vendors, custom fields, etc.) will be removed when the connection is disconnected.
If you reconnect Float to the same QBO account again, the imported accounting data will be re-synced and repopulated in Float during the next sync. You will not lose any historical categorizations.
If QBO Classes, Customers, or Projects are marked inactive in QBO, will they still sync to Float?
Only active Customers, Classes, and Projects in QBO will sync to Float. If they’re marked inactive in QBO, they won’t be synced.
For more information, see: How to Create, Edit and Delete Custom Fields