For Update this Google Analytics Universal Most impotent is that you will only see this Google Analytics Universal Upgrade if you have a Classic Account. New / existing UA accounts will not see this option.
If you just add your property ID to your Magento settings, you will continue to track using the ga.js library. You can upgrade to UA and do this, but you won’t get access to all the new UA features.
Step To Google Analytics Move Property to Universal Analytics Upgrade
You will find this option From the Admin panel of Analytics.
Sign into Google Analytics. then go to Admin page,after that set the proper account you want to transfer to Universal account
Now select the property you need to update also.
In the property segment, click Universal Analytics Upgrade.
In the area click Transfer to Universal Analytics, and then click Transfer button to transfer Google Analytics Universal .
Read the data in the pop-up. Now, Confirm that you’re primed to exchange your property to Universal Analytics, and now click to Transfer. In case If you not want to transfer that to Universal Analytics Upgrade, click Cancel.
Now it will take 24 – 48 hours for the exchange to complete. At the point when it says Property move complete shows up in your record, the exchange to Universal Analytics is Complete now.
After move to Google Analytics Universal
Google Analytics Move Property : If you want to transfer your properties to Google Analytics Universal , from the Google Analytics Admin page you can do it. Here you can also change campaign timeout periods and also session.Only clients with Edit authorizations may launch the property exchange from the Google Analytics Admin page.The exchange takes minutes to launch, however you ought to permit 24 – 48 hours for it to finish.When the exchange is finished, the property is prepared to get information from Google Analytics Universal code.