This procedure will create a version of your financial data that you can view on a Desktop copy of QuickBooks. Here’s what you CAN do! Periodically, in QBO go to the Gear > Tools > Export Data. But with QuickBooks Online, you don’t have that option, because it doesn’t make local backups. If I were using QuickBooks Desktop, I could always go into a backup file from a few days ago and restore it. So I’m not really concerned about someone breaking into my file, but what I AM concerned about is that there is no way to go back in time, if something unexpected happens with my transactions (read: I make a big fat mistake…but I’m a ProAdvisor so that never happens to me…). They insist that it’s stored in multiple locations, with backups, and that all are encrypted. ![]() One consideration if you’re using QuickBooks Online is that you are storing your company’s mission-critical data on Intuit’s server.
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