Decode the QuickBooks Desktop needs to update your company file
                     Update QuickBooks Company File: Detailed 
Technical Guide
QuickBooks users always want to utilize their company files in the new version of the 
QB Desktop application. However, after shifting to a new edition of the QB Desktop 
application, they discover that the QuickBooks Company File Won’t Open in it.
This situation arises because QB users are required to upgrade their company files 
after moving to an updated version of the QB Desktop application. Experts often utilize 
the term Update QuickBooks Company File to refer to this simple process.
Here’s an accurate blog that mentions a step-wise process to easily upgrade company 
files so that they can be accessed in the new QB Desktop version.
Do you want assistance regarding the Update QuickBooks Company 
File process? You can dial 1.855.738.2784 to immediately contact our 
QB Professionals Team.

Important Points to Follow before Updating 
Company Files in QuickBooks
There are some crucial conditions that must be fulfilled before updating the company 
file in QuickBooks & for that; you can follow the points expressed below:
• Firstly, the company file can only be upgraded when the QB Desktop application is 
operated with complete admin privileges. Hence, you must acquire valid QB 
Desktop admin credentials for the successful update of the selected company file.
• The company file should be stored on the same computer on which the update 
process is being carried out. If it is stored on a server or any other workstation, you 
have to move it back to your computer before initiating the update process.
• After the company file is upgraded to a new version, it will not open through any 
previous QB Desktop editions on the system. Therefore, it is recommended to 
create a separate backup copy of the company file before starting the update 
process.
• While the company file is being upgraded to a new version, it is crucial not to 
interfere with the update process, no matter how long it takes to complete. The 
duration of the update process depends on the size of the company file.
Accurate Step-Wise Procedure to Easily Upgrade QB 
Desktop Company File
The reliable steps to easily upgrade the QB Desktop Company File are elucidated 
below:
• Firstly, you must access the company file through the older version of the QB 
Desktop application on the computer, and then you have to press the ‘F2’ key on 
the keyboard to instantly obtain the ‘Product Information’ window on the screen.
• After that, shift to the ‘File Information’ section of the ‘Product Information’ window 
so that you can note the present location where the company file is stored on your 
system.
• Now, ensure that all other users are fully logged out of the company file, after 
which you shall immediately launch the new edition of QB Desktop to choose the 
‘File’ menu.
• Here, accurately select the ‘Open or Restore Company’ tab and then click on the 
‘Open a company file’ option so that you are able to easily choose the company file 
from its present location.
• At this step, provide the admin login credentials to easily access the data file, 
following which you can strike the ‘Update Now’ button to fully upgrade the 
selected data file.
• Once the chosen data file has been customized, just tap the ‘Done’ option to finish 
the entire process on the PC.
If you follow the strategy that has been mentioned above, you can easily Update 
QuickBooks Company File. For more help & assistance, just dial 1.855.738.2784 to 
connect to our QB Specialists Team.