How To Resolve QuickBooks Desktop Need To Update Your Company File Issue
                     Countermeasures For 
QuickBooks Desktop Need 
To update Your Company 
File Issue
Intuit has released many versions of QuickBooks; which users can choose from according 
to their business types. They can also constantly update the software using the new 
updates released by the developer team. 
QuickBooks Desktop Need To Update Your Company File message indicates that you 
need to update the data file to use it on the new QB version. If you also receive this error 
message, read this entire blog to find out why it appears and the procedure to fix it.
Approach our QB support team at 1-855-856-0042 for troubleshooting assistance to 
rectify the error.

Reasons
You’ll encounter this error message when you upgrade or switch your QB version and try 
opening the company files. You’ll run into this error if you recently updated your QuickBooks 
Desktop Pro, premiere, or Enterprise, but try opening the old company files. You must keep 
the following things in mind before proceeding-
1.QuickBooks company files must not be damaged as they can cause issues during the 
update.
2.The company file size shouldn’t be larger than 3GB, and their name must not have invalid 
characters like , |, etc.
3.You must sign in with your Windows account to help QB bypass the Windows Firewall 
restrictions and access the system files without problems
Procedure
Whenever you upgrade your QB application, the company files you use on it must also be 
updated. You don’t need to worry as you have to update them only once when you upgrade 
the software. Follow this procedure to update the data file and prevent error messages from 
developing when you access the file-
Step 1- Check your company file location
You can use the steps mentioned below to find out the company file location and ensure that it 
isn’t saved on a different computer-
• Launch QuickBooks and open the company file you want to update.
• Press F2 in QuickBooks to open the Product Information Window.
• Go to the File Information section and note down where the data file is stored.
Step 2- Begin updating your data file
After you find out the location of the company file on your computer, you can proceed to 
update it as shown in the following steps-
• Sign out from all the user accounts in your QuickBooks and launch the new QB version.
• Access the File menu and select the Open or Restore company option.
• Click the Open a company file option and tap Next (If it’s a backup file, click the Restore a 
backup copy option).
• Specify the location of your company file and click Open.
• Enter your admin password to sign in to the company file as an admin user.
• Click the Update Now option and let the software update the file. Make sure to don’t 
interrupt the file update to prevent corruption or permanent data loss.
After the file is completely updated, you can now open it easily on the new version of 
QuickBooks on your computer.
Conclusion
This blog explains why you encounter QuickBooks desktop need to update your company 
file message when you upgrade the software. The correct procedure to update the data file is 
described in the blog, and we hope you use it on your PC to open the data file on the new QB 
version without problems.
Speak to our QB support team at 1-855-856-0042 if you run into problems while applying the 
procedure.