Easy way to terminate This Company File Needs to be Updated
                     This Company File Needs to be Updated: How to Resolve
In maintaining digital accounting, QuickBooks stands as a vital companion 
for businesses. It streamlines the financial management with its excellent 
features. However, just like any other software, QuickBooks users also face 
errors in the application. An error message: "Company file needs to be 
updated," appears in QuickBooks and prevents you from doing your 
financial and account-related tasks.
"This company file needs to be updated" error appears because of a 
damaged/corrupted company file, incomplete installation issues, 
insufficient user permission, or you might be accessing specific file types 
through different methods. It can be resolved by understanding its reasons 
and implementing suitable solutions. Let's discuss it in detail.
If you require further assistance in order to troubleshoot the 
error effectively, dial 1.855.738.2784 and, talk to our QuickBooks 
experts team, and get immediate assistance.

Why QB Asks to Update the Company File?
Here is a list of reasons that can trigger the error; read them thoroughly to 
fix the error.
1. When the QuickBooks software version does not align with the company 
file version, this message can appear.
2. If the company file is damaged or corrupted, QuickBooks may prompt 
for an update.
3. Issues during the installation process can lead to discrepancies between 
the software and company file versions.
4. Poor network connectivity or interruptions during file access can trigger 
this message.
5. Insufficient user permissions can hinder the updating process.
6. When a company file is already accessed over a network, this issue may 
appear.
Learn How to Fix the "Company File Needs to be 
Updated" Issue
You can follow the below-mentioned solution to remove the company file 
update error in QuickBooks Desktop.
Reinstall QuickBooks (in Selective Startup)
To fix the error, consider reinstalling QuickBooks to resolve any installation 
issues.
1. Firstly, close all the running programs on your system.
2. Now, press the Windows key + R simultaneously to open the Run dialog box.
3. After that, type "msconfig" and press enter. This action leads you to access 
the System Configuration utility.
4. Within the "General" tab, choose "Selective startup."
5. After that, uncheck the "Load startup items".
6. Go to the "Services" tab.
7. Check "Hide all Microsoft services.“
8. Disable all non-Microsoft services by clicking on "Disable all.“
9. Click on "Apply" and then press 'OK' to close the System Configuration utility.
10.Restart your system.
11.Now, you must download the QuickBooks installation file.
12.Visit the official Intuit website, download it, and save it in a convenient 
location.
13.Right-click the file you just downloaded and select "Run as 
administrator."
14.Follow the instructions carefully to install QuickBooks.
15.After installation, open QuickBooks to ensure proper functioning.
16.Re-enable startup items and services again.
17.Go to the System Configuration utility and select "Normal startup" in the 
"General" tab.
18.Choose "Apply" and then hit "OK."
19.Restart the device to complete the process.
Resolving the "This company file needs to be updated" error message 
is not an easy task, but with a clear understanding of the reasons behind it 
and by following the given troubleshooting steps, you can swiftly fix it. But 
if the error still appears, do not hesitate to contact the QuickBooks team for 
further assistance via 1.855.738.2784.