In order to ensure your Restore is successful using Rewind for QuickBooks Online, we've put together a checklist for you to complete before starting a Restore.
1. Run reports
It is a best practice to run all of the following reports for both the desired restore date as well as year-to-date:
- Profit & Loss
- Trial Balance
- General Ledger
- Journal
- Balance Sheet
- Account Payable
- Accounts Receivable
- Reconciliation
- Payroll
- Recurring Templates
- Chart of Accounts
2. Obtain client approval (if necessary)
3. Open books
- Open closed period books. Note that if a Restore date includes a part of a File that is closed, Rewind will be unable to restore the File to that date.
4. Clear matched transactions
(repeat this Step for all connected accounts)
- Turn off all automated Rules
- Manually unmatch any matched transactions in the bank feeds
- Note that Rewind cannot update or delete items that are matched from the bank feeds
5. Run Advanced Restore in Rewind for QuickBooks Online
- You will receive an e-mail summary from Rewind when the Restore is complete.
6. Close books
- Close books to the previously closed period (before the Restore).
7. Verify data
- Review e-mail summary from Rewind including "Success/Failure" items
- Compare Profit & Loss to original report
- Compare Accounts Receivable to original report
- Compare Accounts Payable to original report
- Compare Balance Sheet to original report
- Verify the following lists match original file:
- Chart of Accounts
- Customers
- Vendors
- Products and Services
8. Correct any mis-matched information in the restored file
- Check for any errors that not have been included in the summary e-mail
9. Verify bank feeds
- Re-automate Bank Rules
- Verify bank feed connections
- Check for opening balance equity amounts added by a bank feed connection
- Check for duplicated transactions