What are the steps to update Quickbooks company file?

QuickBooks is very advanced accounting software that is used by people across the globe. There are a lot of features and functions offered in this software. One of which can be unlocked when you “update QuickBooks company file.” But when you do that, there are a few things to keep in mind and there are steps to follow. 

Before updating your company file, ensure that you are logged in using the admin user. It is also recommended that you should do the upgrade over a network. 

How to Update QuickBooks Company File?

Before you update the company file make sure you don’t have to do it if you are switching to another edition. And then here is what you should do to get this done.

Learn the extraordinary article:- QuickBooks Error Code 6123

Step 1: First install Quickbooks in your desktop

For this you need to follow a few quick and easy to execute steps. Here they are.

• Sign in to your Windows as the admin user.
• Make sure you have the latest version of the software.
• Once it is downloaded, you will just have to follow the on-going steps of installation.

Step 2: Preparing your company file

Now, once you have done all the required things in the installation of Quickbooks. The next thing is to prepare your company file.

• Go to your original Quickbooks version and then open the company file there. The one that you wish to upgrade.
• Then press the “F2” button on your keyboard to open the “Product Information Window.”
• Next, you will have to go to the “File Information” section of the page and then just note down the location of your company file.
• After this, all you need to do is “run the rebuild tool” and this will prepare your company file for the upgrade.

A recommended to read article:-  QuickBooks Error Code 6069

Step 3: Upgrade the company file

After doing all the prep work, it is time to get going with the upgrading part. When you first open the company file, it will open to a newer version. And this is the time when you will be asked to do the upgrade.

• First log out of your company file from all the tabs.
• Then open the newer or updated version of Quickbooks Desktop and click on “Open or Restore Company.” If you don’t get this option, click on the “File” menu and then you will get this option.
• Then you need to choose “”open a company file” and then click on “Next.”
• Browse the company file once the process is completed and then open it. 
• Sign in to the company file as admin user and then right before you upgrade it, just click on “change this default location.” It will save the backup to another folder.
• Click on “update now” and then let the process finish.
• Lastly, just click on “Done.”

Conclusion

But if you are unable to get the Update QuickBooks Company File don’t worry at all. Our experts are equipped with all the expertise, knowledge, and experience that is required to complete this process. You can connect with them as per your interest and they will assist you throughout. You can also get in touch with them by sending in a query.