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A QuickBooks file that's set to read-only will open in QuickBooks but you won't be able to edit it. Often files appear as read-only because of the type of media they are stored on.
How to Transfer QuickBooks Company Files to QuickBooks Online. The desktop version of QuickBooks business accounts software stores all your company accounts records in a company file on your computer.
For QuickBooks Online, you just go to your bank feed, select “File Upload” from the “Update” drop-down menu and import the file directly into your bank view.
We show how to convert files from Microsoft Money to QuickBooks Pro. Post also explains the changes that will happen after conversion.