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
Understand what will be removed. Transactions created after your restore date and time will be deleted. Customers, vendors, accounts, products and other list items created after it will be made inactive. Your summary email shows how many items were deleted for each type.
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