Ways to Upgrade QuickBooks Company File

Anna Martin
3 min readJun 26, 2024

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upgrade QuickBooks company file

QuickBooks stands out as sophisticated accounting software, earning accolades worldwide. Its developers continually enhance its capabilities. As a user, you can anticipate regular updates and upgrades, which are crucial for optimal performance. However, to upgrade QuickBooks company file you must keep caution and understanding. Subsequently, we offer this article, sketching out the basic steps for a consistent overhaul or change.

Each year, QuickBooks discharges modern adaptations of its bookkeeping program with overhauled highlights and functionalities. These overhauls are outlined to address any bugs in past adaptations and move forward general execution. Upgrading to the latest release is free and ensures your company remains productive.

Continue reading this blog to enhance or transform the company file to a different version of QuickBooks Desktop. Alternatively, you can reach out to our skilled technical through our Toll-Free Number 1.855.856.0042. Our support team is available for assistance with any technical issues. Our proficient professionals are available to provide immediate support services.

Perks Of Upgrading QuickBooks Desktop Version

Upgrading QuickBooks Desktop version accounting software and the company file to the most recent version introduces a range of new features and capabilities. There are numerous benefits and advantages to upgrading the company file to the latest version. Let’s delve into them:

  • Updating the QuickBooks software offers several advantages. Firstly, it enhances data security, providing users with better protection for their valuable information.
  • Secondly, by updating, users can benefit from the elimination of bugs and error codes like this company file needs to be updated, resulting in a smoother and more reliable experience while using the software.
  • Additionally, updating the software enables users to enjoy real-time invoice status tracking, allowing them to monitor the progress of invoices promptly and accurately

Common Methods to Upgrade Your Company File in QuickBooks

Here are two common ways to upgrade your company file in QuickBooks.

Method 1: Install The Most Recent Edition Of QuickBooks Desktop Software

First, you would like to introduce the foremost later edition of the QuickBooks Desktop program. A while later, you’ll continue to overhaul or change your company record.

  • Access your upgraded QuickBooks Desktop software.
  • In the ‘File’ menu, ‘Open or Restore Company.’
  • Opt for opening a company file.
  • Proceed by clicking Next.
  • Choose your data file and then click Open.

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Method 2: Upgrade From Local Backup

Creating a backup file of your current version is crucial before updating your QuickBooks Desktop company file. This ensures your data’s safety in case of any technical issues.

  • Launch the latest program on your Desktop.
  • If no file is open, go to the ‘File’ menu, then select ‘Open or Restore Company.’
  • Choose Open a company file, then click ‘Next’.
  • If you have a backup file (QBB), select ‘Restore a backup copy.’
  • Opt for the ‘Local backup’ option.
  • Browse your computer for the company file and open it.
  • Sign in as the Admin user and choose the ‘Update Now’ option.
  • You’ll see a progress bar as the upgrade proceeds.
  • Once done, a window will appear indicating successful completion.
  • Click ‘Done’ to finish the upgrade.

We trust this article will guide you to upgrade QuickBooks company file to a newer version of QuickBook Desktop. In case you experience any issues or have any QuickBooks-related questions, feel free to reach out to our round-the-clock QuickBooks helpline at our Toll-Free Number 1.855.856.0042. Our QuickBooks team is continuously here, 24/7, to help you in the most compelling way conceivable.

Recommended to Read: What Should I do When My QuickBooks Desktop Won’t Open?

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