Simple and easy steps to Update QuickBooks Company file

Learn to update QuickBooks company file when switching to the new version of QuickBooks. Ensure you have a good internet connection while updating the company file. Company file in QuickBooks comprises the essential data vital for the users. If you update a new version of QuickBooks, you must also update the company files. You can quickly learn to update QuickBooks company file to the current version by following the easy steps in the blog.

Learn to convert the company file to a newer version

We have listed a few steps to convert the company file to a newer version. First, follow the steps and then improvise the same on your system.

Step 1: Install QuickBooks

1. Log in to your windows as admin.
2. If you have not downloaded QuickBooks, download it now.
3. Complete all the steps to install the new version of QuickBooks.

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Step 2: Prepare the company file

1. Open the QuickBooks version first.
2. Now open the company file you want to update.
3. To open the product information window, hold the F2 key.
4. Check out the file information section.
5. See the location where you will save the company file.
6. Utilize the rebuild tool and run it on your system.

Step 3: Update the company file

1. Ensure all the users log out from the company file.
2. Now open the new version of QuickBooks Desktop.
3. Tap on open and restore company if you do not have a file.
4. Or you can head to the file menu and choose open or restore company.
5. Now choose to open a company file and then tap on next.
6. Check if you have a QBB backup file instead of QBW, then choose “restore a backup copy and then local backup.”
7. Look for the company file, select it, and then click on open.
8. Log into the company file as admin.
9. Note that QB automatically backs the company file; you can choose “change this default location” to save the backup file in a folder.
10. Tap on update now to process the update.
11. As it ends, do not forget to click on Done.

Now you open the company file in the new version of QuickBooks and check whether it has been updated correctly. Also, update your QuickBooks once you have updated the company file to ensure you have the latest version. Don’t work on any company file in the middle of the update. First, let the update finish, and then work on the files.

Summary

In this blog, we have elaborated on updating the company file so that the users can learn to update QuickBooks company file. You can also call our QB experts at 1.855.738.2784 for all your queries. With their expertise in QuickBooks, they can clarify all your doubts and questions.

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