A:AnswerNot that I know of. I work for a CPA and we use multiple versions of QB and QB Online for the clients that we do bookkeeping for and while some versions will track 1099 information etc., I normally print balance sheet and profit and loss information for the accountants when they are doing tax planning.
A:AnswerIt should. Almost always will Intuit products, like Quicken or Quickbooks data convert into the newer format. If you have a problem with it, contact Intuit and they will help you.