Review a company after import

Completing a QuickBooks financials import is the beginning of the migration review, not the end of it. LedgerHQ can recreate the accounting history from clean files, but a firm user should still confirm that the imported books make sense before relying on the company for ongoing work.

The review should be practical. You are not trying to audit every line item. You are trying to answer a smaller set of questions: Did the chart come over in a usable shape? Did the journal history cover the expected dates? Do the main financial reports look recognizable? Are bank and credit card accounts present where the team expects to reconcile them?

Start With The Chart Of Accounts

Open Chart of Accounts and scan the major sections: Assets, Liabilities, Equity, Income, and Expenses. Look for obvious duplicate names, missing bank or credit card accounts, and accounts that landed in a surprising category.

Some imported accounts may not have account numbers. That is usually fine. Account numbers are useful for sorting and consistency, but the import can still support reports and journal lines when account names and classifications are clear. If an account is truly wrong, decide whether it is better to clean it inside QuickBooks and re-import, or adjust the account in LedgerHQ after the migration.

Review Journal History

Open Journal Entries and use the source filter to view imported history. The default working view may hide bulk imported history so day-to-day screens stay readable. For migration review, explicitly include imported entries.

Spot-check a few familiar months or large transactions. The goal is to confirm that imported entries are posted, dated correctly, and using recognizable accounts. If you see missing periods or a date range that does not match the QuickBooks export, go back to the import job and the source files before adding new work on top.

Run The Core Reports

Run the Income Statement and Balance Sheet for the imported period. If the company has a known year-end or month-end report from QuickBooks, compare the high-level totals first. Focus on revenue, net income, cash, credit cards, loans, and equity. Exact presentation may differ, but the main balances should be explainable.

Then run the Trial Balance. The Trial Balance is the fastest way to see whether the imported ledger is internally coherent. If the Trial Balance is not useful or does not match expectations, do not proceed directly to bank feeds. Resolve the import issue first.

Check Bank And Credit Card Readiness

If the QuickBooks chart included Bank or Credit Card accounts, confirm that those accounts have corresponding register structure in LedgerHQ. This matters because Bank Feeds and Bank Recs work from bank and card registers, not only from generic chart accounts.

Open Bank Recs and confirm that the bank and credit card accounts you expect to reconcile are available. If an account is missing, check whether the QuickBooks account type was exported correctly and whether the account was active in the Chart of Accounts file.

If the import created a final statement-period reconciliation setup, inspect that period before starting live bank-feed posting. The setup should match the statement period the firm still needs to reconcile in LedgerHQ. If the wrong period is open, fix that before adding new activity on top.

Decide Whether The Company Is Ready For Live Work

After the chart, journals, reports, and registers look reasonable, the company is ready for the next workflow. That might be connecting Plaid bank feeds, coding current transactions, or starting a first reconciliation.

If anything feels off, stop before adding live activity. It is much easier to redo or repair an import before users have posted new bank feed rows, created manual entries, or completed reconciliations.