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  • Writer's picturekelly Cain

Here are the right ways to Update QuickBooks Company File

Updated: Oct 18, 2021

Intuit developed QuickBooks to help small to mid-sized businesses deal with their complex business accounting. QuickBooks has the most comprehensive and robust features using which the user is able to deal with the finance of their business in various forms. Though QB is great software but every now and then the user has reported various error and glitches. Some of the errors are timely dealt by updating QuickBooks Desktop and eventually you also have to Update QuickBooks Company File. User needs to Upgrade your company files so that the company file rightly works with the new version of QuickBooks.


To help you to Update QuickBooks Company File, we have brought you this post. We will list down how to prepare your company file for the upgrade and eventually move ahead with the upgrade. For any error, you need to move ahead and reach out to the QuickBooks support team on 1.800.579.9430.

What are the steps to fix QuickBooks Won't Open Company File error?

On the occurrence of QuickBooks Won’t open company file error, here are the steps that must be followed. It is important to note that this error could also be taking place when you do not rightly update QuickBooks Company File.

  1. Click on the File Explorer.

  2. Search for the folder with your company file.

  3. Right-click the company file, and choose the option of Copy.

  4. Paste the file on your Windows desktop and rename it.

  5. Open QuickBooks, go to the File menu, and choose Open or restore company.

  6. Choose and open the company file that you copied on the desktop.

How to avoid the error of QuickBooks Company File Is Not Updating?

Here I am listing the steps that are to be employed so as to avoid the occurrence of Error opening your company file later. Each step when followed carefully will help the user Update QuickBooks Company File.

  1. It is important to ensure that the users are logged out of the company file.

  2. Open the new version of QuickBooks Desktop that you have updated to.

  3. Hit on Open or Restore Company or go to the File menu.

  4. Click on the option of Open or Restore Company.

  5. Choose Open a company file, then Next. If you have a backup company file (QBB) instead of a company file (QBW), select Restore a backup copy and then Local backup.

  6. Look for the computer for the company file.

  7. Sign in to your company file as an admin user.

  8. Once you upgrade, QuickBooks automatically creates a backup of your existing company file. You can select Change this default location to save the backup in a specific folder.

  9. Hit on Update Now to start the upgrade.

  10. When QuickBooks is finished, select Done.

Finally, the blog has come to an end on the right way to update the QuickBooks company file. For any issue reach out to QuickBooks Expert team on 1.800.579.9430.


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