In most cases, a successful copy or restore will recreate a matching general ledger. 

During a copy, some rare QuickBooks objects are recreated or reversed as journal entries to correctly restore the general ledger.

Possible causes of general ledger variances:

  • Having changed an item's expense account without automatically updating existing transactions
  • Using account-based lines marked as billable on bills or expenses for sales forms (invoices, sales receipts, etc.)
  • Using item-based lines marked as billable and using markup on bills or expenses for sales forms (invoices, sales receipts, etc.)
  • Imported transactions from QuickBooks Desktop that used a non-standard AR or AP account
  • Rare transactions migrated from QuickBooks Desktop
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