I have data from this current financial year, is it possible to incorporate it into QuickBooks before the new financial year or should I start in the new financial year

Yes, Reuben. You can enter your data for the current financial year into QuickBooks before the start of the new financial year.

First off, may I ask if you're just getting started with QuickBooks Online? If so, it's best to incorporate your data into QuickBooks now instead of waiting for the new financial year to start. Doing this will help you maintain accurate records, manage your finances better, and make the transition into the new year smoother.

If you have your financial data downloaded as CSV file format, you can manually import this into QuickBooks Online:

1. Navigate to the Gear icon, then select Import Data under the TOOLS column.
2. Choose the data block to import, then drag or browse for the file.
3. Click Continue.
4. Map the data, then click Next to continue.
5. Hit Done.

Alternatively, you might want to connect your bank account to QuickBooks Online to have your bank transactions downloaded automatically. You can check out this article to learn which Banks and Financial Institutions you can connect with QuickBooks Online: The QuickBooks Online bank connection status page.

If you want to import your data from Excel to QuickBooks Online, please refer to these articles:

• Move your lists to QuickBooks Online
• Common questions about importing data to QuickBooks Online

We are always available to assist you if you need further assistance or have additional questions about incorporating your financial data into QBO.

@Reuben-Saxone 

You can also purchase a 3rd party service to convert your data from another program.