We understand that accounting work can be overwhelming. Here are some frequently asked questions about Floats QuickBooks Online(QBO) integration:
What is 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!
Is there a way to re-export the transaction?
Yes! You can re-export transactions that have already been exported
What happens if I disconnect/reconnect my QBO to Float?
Once you disconnect your QBO, your Float account will go back to it's state before a QBO connection was established.
Any Tax codes, GL codes and Vendors that were added manually before QBO connection was established will stay in your Float account.
Any data that was imported from QBO to your Float account will get deleted once disconnected.
With that being said, if you reconnect your Float account to the same QBO instance as before, any of the accounting data that you have will be repopulated on Float, when you reconnect.