QuickBooks Update Company File! All You Need to Know About it

 Every newer version comes up with new features to improve the productivity of the software. Just like we update the QuickBooks desktop application, users sometimes also get messages, “This company file needs to be updated.” For every updated QuickBooks version, you need to upgrade the company file. Once opening the company file in the new version of QuickBooks, the file will not open in the old version afterward. To know the complete procedure of updating the company file, read the blog carefully till the end.

 

If you are getting QuickBooks update company file and need help, then contact the certified QuickBooks experts by dialing our toll-free number (800)-417-5147.

Step-wise Instructions to Update QuickBooks Company File to the Current Version

Here are the steps to upgrade older company file to work in the latest version of the QuickBooks desktop.

• Log in to Windows as an administrator.
• Get the latest version of the QuickBooks desktop.
• Follow the prompt steps to complete the installation.
• Next, prepare the company file:

1. Open QuickBooks.
2. Then, open the company file you want to update.
3. Open the Product Information window by pressing the F2 key.
4. Note down the location of the company file.
5. Now, run the Rebuild tool. It will prepare the company file for update.

• Update the company file:

1. Log out from the company file.
2. Open the latest QuickBooks version.
3. Choose Open or Restore Company if the company file doesn’t open.
4. Click Open a company file option and then Next.
5. Search for the company file and select Open.
6. Log in to the company file as an administrator.
7. QuickBooks automatically creates a backup of the company file before updating, you can change the location to save the file to a particular folder.
8. To start the upgrade, click Update Now.
9. At last, click Done.
   

• Update QuickBooks desktop:

1. First, close your company files and QuickBooks.
2. Click on the Windows Start menu.
3. Look for QuickBooks Desktop. Right-click the icon and choose Run as administrator.
4. When the No Company Open screen appears, move to the Help menu.
5. Then, click Update QuickBooks Desktop.
6. Navigate to the Options tab.
7. Click Mark All and then select Save.
8. Select the Update Now tab and select the Reset Update checkbox.
9. To start the download, select Get Updates.
10. Once the update finishes, reopen QuickBooks.
    

Hopefully, the steps mentioned above help you upgrade the QuickBooks company file. If you are still facing any problem, talk to certified QuickBooks professionals by calling us on our helpline number (800)-417-5147.