Update your company file from previous versions of QuickBooks

After installing a newer version of QuickBooks, you must update your company file so that it will work in the newer version.

How long will the update take?

To do this task

1. Back up your company file before you update it.

   Once you update a company file to a newer version of QuickBooks, you cannot open it in the previous version. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . A backup copy can be used if you need to do additional work in the previous version of QuickBooks.

2. If you use QuickBooks on a network and the company file is on a different computer, you must first move the backup to another location.

   Updating a company file cannot be done across a network. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . If you use QuickBooks on a network and the company file is on a different computer, move the backup copy of your company file to the computer or server where the new version of QuickBooks is installed.

   After the update, you can move the updated file back to its original location.

3. Open QuickBooks.

   If you receive the message, "Update File to New Version", QuickBooks has started the update process for you. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . Proceed to Step 4 and skip the first two tasks.

4. Update the backup of the company file.

   1. Go to the File menu and click Open or Restore Company.

   2. Click Restore a backup copy and click Next.

   3. If you are restoring from a disk or CD, put it in the drive now.

   4. Click Local backup or Online backup and then click Next.

   5. Browse and find your backup file and then click Open.

   6. If necessary, change the location to which the backup will be restored.

      You may want to restore the backup to the same location where you installed the new version of QuickBooks. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . This can prevent confusion about where your company file is located.

   7. Go to the new location and click Save.

      In the Restore Company Backup window, you should see:

   8. After reading the Update File to New Version message, type yes and click OK to continue with the update.

      You will receive another message about updating the file. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . You will be able to use the company file created by restoring this backup in the new version of QuickBooks only. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . The backup file itself is still usable in the earlier version of QuickBooks. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . You should store it in a safe location. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, .

   9. Click Yes to continue.

QuickBooks will restore and update your backup. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . It is important that you allow this process to complete. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . Depending on file size, this process may take time. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . Do not stop this process.

Once the update has completed, you will see the message, "Your data has been restored successfully." You now have both an updated company file and the original backup. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . You are now ready to begin working in your updated company file using your new version of QuickBooks. converting data from other programs, company file, updating from previous versions, data, updating from previous versions, QuickBooks company, updating from previous versions, updating, company file from previous versions, . If you moved the company file to perform the update, move the updated file back to the original location.