How to upgrade company profile in QuickBooks Desktop 2023?

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This article will share information about QuickBooks desktop 2023, pricing, features, system requirements, etc. To know more read ahead

Intuit has released the latest version of QuickBooks Desktop, and the new version brings many benefits to make accounting activities easier. QuickBooks Desktop 2023 combines unprecedented advanced features to improve business productivity and efficiency. This new version comes with security features that provide strong protection against previous technical errors. While we keep you updated about the new features of QuickBooks Desktop 2023, if you have any doubts or want to resolve any type of technical issue in QuickBooks Desktop, you can call us at +1-844-405-0907.

Upgrading company profile in QuickBooks Desktop 2023:

If you are updating QuickBooks from an older software version to the latest version, you will also need to upgrade their company files. Failure to do so mean the files may not work in the latest version of QuickBooks due to possible compatibility issues. When done manually, upgrading corporate files is simple. Here's how you can upgrade their company files:

  • First, you must ensure that no one else has access to the corporate file they are upgrading.
  • You should now open the latest version of QuickBooks Desktop.
  • From the menu, you must select the option File.
  • In the File menu, you need to tap on the option Open or Restore Enterprise.
  • Now see all the company files stored on the workstation. You must click on the company file you are trying to upgrade.
  • After opening the file, you can press the Next button.
  • If there are any company files with .qbb extension, you should open them or prepare a duplicate company file for security reasons.
  • Then you need to start the process of creating a local backup.
  • You will need to locate the company file again and open it.
  • After opening the file, you must log in to the file with administrator rights.
  • The QuickBooks creates a backup of the current file before automatically starting the upgrade.
  • You can choose where you want to save the file that QuickBooks will create for them.
  • Now you can start the update process by clicking Update now.
  • Once the update is completed, tap Done. The company file will also be updated successfully.

Conclusion:

We've provided you with helpful information about how to upgrade company file in QuickBooks Desktop 2023 edition for your business. As a small business, you first need to think about your budget. In small businesses, reconciliation may not be a special task, so you can decide which version you need. If you need any further information about QuickBooks Desktop 2023 releases, you can contact us at our dedicated support number i.e. +1-844-405-0907. Our customer support team will help you.

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