Uploaded on Jul 10, 2023
When you encounter the message "This Company File Needs To Be Updated. Please Ask Your QuickBooks Administrator To Update The File," indicates that the company file you are attempting to access is in an earlier version. To update the file and ensure compatibility and access to QuickBooks' most recent features and enhancements, get in touch with QuickBooks Support Team at -855-856-0042 .
Why this Company File Needs To Be Updated. Please Ask Your QuickBooks Administrator To Update The File
This Company File Needs To Be
Updated. Please Ask Your
QuickBooks Administrator To
Update the File: Detailed Guide
QuickBooks Desktop is usually upgraded to a new version on a regular basis by users on the computer.
Once the required QB Desktop updates have been installed, users proceed ahead to open their company
file through the updated QB application.
At that point, users run into an error message described as follows: ‘This Company File Needs To Be
Updated. Please Ask Your QuickBooks Administrator To Update The File’. The main reason behind this
error message is that the company file is also required to be updated in order to ensure that it works in
the new QB version.
Here’s the blog that will elucidate the proper procedure to successfully update your relevant QB
Company file in order to use it in the updated QB application.
If you are distressed due to ‘This Company File needs to be updated. Please request file updates from
your QuickBooks administrator.’ error message, you can dial 1-855-856-0042 to connect with our QB
Professionals Team for help.
Important Points to Note Before Attempting to ‘Update QB Desktop
Company File’
Here’re the essential points that need to be carefully noted before you attempt to ‘Update QB
Desktop Company File’ on the computer:
• It is essential to utilize the QB Desktop application with complete admin rights before proceeding
forward to update the relevant QB Company file.
• You must not try to update the company file when it is stored on another system connected to
your network.
• While the update process of the QB Company file is in progress, you should not interrupt it & you
must allow sufficient time so that it can finish properly.
• Since the company file cannot be accessed through the older version of QB after the update
process is completed, it is essential to create & save its backup copy on the computer before
initiating the update process.
Accurate Procedure to Successfully ‘Update Company File in
QuickBooks Desktop’
The correct step-wise procedure to easily ‘Update Company File in QuickBooks Desktop’ is
explained as follows:
Step 1: Note the Correct Location of the QB Company File through the Older
Version of QuickBooks
• Here, you have to just access the previous version of QB Desktop & then you must launch the
company file, after which you need to simply tap the ‘F2’ key.
• Thereafter, jump to the ‘Product Information’ window & then easily note the present location
of the company file via the ‘File Information’ section on the screen.
Step 2: Access the Updated QuickBooks Desktop & then Successfully Update the
Company File
• In this step, just access your updated QB Desktop in admin mode & then proceed to the ‘File’
menu to strike the ‘Open or Restore Company’ tab, after which you can use the ‘Open a
Company File’ option to reach the company file’s location.
• Thereafter, hit the ‘Open’ option as soon as you select the company file & then you can attempt
to access the company file via the admin credentials.
• Next, begin the update process by tapping the ‘Update Now’ button & once the update process
gets finished, you can tap the ‘Done’ button, following which you can access the QB Company file
via the updated QB Desktop application.
Through these steps, you can fully tackle ‘
This Company File Needs To Be Updated. Please Ask Your QuickBooks Administrator To Update Th
e File
’ error message. For more technical guidance, dial 1-855-856-0042 to connect with our QB
Specialists Team.
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