Update QuickBooks Company File| A Quick and Easy Guide

When a user updates to a newer version of QuickBooks Desktop such as QuickBooks Desktop 2022, they need to update their company files as well. Updating your company files allows it to work in newer versions of QuickBooks. However, one does not need to update their company files when switching to a different edition of QuickBooks. An example of a different edition of QuickBooks is QuickBooks Pro. This article contains an easy guide on how to update your QuickBooks Desktop company files.

If you need professional assistance with updating your company files, you can contact our team of certified experts at +1 855-948-3646.

How to update your QuickBooks Company File

This section contains a step-by-step guide on how to update your company file.

  • You should begin by Installing QuickBooks using the following steps-
  1. First sign in to Windows as an admin user.
  2. Download the latest version of QuickBooks Desktop that you wish to use.
  3. Have the product and license number at your disposal.
  4. Now, open the file  that is named QuickBooks.exe
  5. After following the on-screen instructions, you should agree to the terms and conditions displayed on your screen. After this, you should click on Next.
  6. Now, enter your product and license number and choose Next.
  7. Choose the type of install you want and install QuickBooks Desktop.
  8. Activate QuickBooks Desktop.

Also Read:- How To Fix QuickBooks Error 12031

  • You should now prep your company file using the following steps-
  1. First, open the original version of your QuickBooks Desktop, followed by the file you wish to update.
  2. Open the production information window by pressing F2.
  3. Now use the File Information Section and note where you save the file on your computer.
  4. Then, run the Rebuild Tool for your company file as that preps it for the update.
  • Update your company file by using the following steps-
  1. Begin by ensuring that all users have logged out of the company file.
  2. Now, open the new version of your QuickBooks Desktop.
  3. You should now go to the File tab on the left side of the screen and select Open or Restore Company from the menu.
  4. Now, select Open a Company File and then click on Next.
  5. Browse your computer for your company file, which you will then Select and Open.
  6. You will now sign in to your company file as an admin user.
  7. Before a file is updated, QuickBooks automatically creates a backup. You can save it in a specific folder that is easy to access by choosing Change this default location.
  8. Click on Update Now to Start the Update.
  9. Select done after QuickBooks has finished updating your company file.
  • Finish by updating your QuickBooks Desktop.

Hopefully this blog has answered all your queries related to the process to Update QuickBooks Company File. If you need professional assistance with an error or to update QuickBooks company file, you can reach out to our team of certified experts for support at +1 855-948-3646.

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