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

1
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.

2
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.

3

• 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 doesnt 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.

4

• 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.

5

• Conclusion

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 (855)-526-5749.