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File Maintenance<strong>Drake</strong> <strong>Software</strong> User’s ManualImportingQuickBooksDataTo import data from a QuickBooks import file into <strong>Drake</strong> <strong>Software</strong>:1. From the Home window, select Tools > File Maintenance > QuickBooksImport.2. Click Next.3. In step 1, enter the name of the import file created from QuickBooks or click thebutton the right of the text box and browse to the QuickBooks file. The file extensionis .txt. <strong>Drake</strong> searches the local hard drive for the import file.4. In step 2, enter a Client ID Number (SSN or EIN).Figure 11-10: Step 2. Enter SSN or EIN5. The program searches for a <strong>Drake</strong> file with the same EIN/SSN.• If no <strong>Drake</strong> file is found with that EIN/SSN, you are prompted to choose aBusiness Type. Make your selection from the Business Type drop list(Figure 11-11), then click Next.Figure 11-11: Step 3: Choose one of the business types listed• If a <strong>Drake</strong> file already exists, you’re asked to confirm the business type. ClickYes to proceed.6. Click Finish to import the QuickBooks file into the <strong>Drake</strong> file.After importing the QuickBooks files, enter Inventory amounts and details for OtherDeductions and items requiring details on the return._NOTEIf the QuickBooks file type does not match, you are prompted toconvert the QuickBooks file while importing (for example, if there isa QuickBooks S corporation file to import into a <strong>Drake</strong> C corp file).256 Tax Year 2008

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