Fix 'This Company File Needs to Be Updated' Error in QuickBooks
- Joan Martin
- 1 day ago
- 2 min read
Are you encountering the error, 'This company file needs to be updated'? This error typically appears when you try to open a company file in a newer version of QuickBooks. Several factors can trigger this issue, and we’ve outlined some of the common causes below. Additionally, we’ve provided effective solutions to help you resolve this error on your desktop. Continue reading this guide to learn the reasons behind the error and how to fix it.
For any help regarding 'This company file needs to be updated', call our experts directly at 1.855.738.2784. They can help you fix this error immediately.
What factors instigate the 'The Company File Needs to Be Updated' error?
Logging into QuickBooks and Windows without administrative rights can trigger this error.
A damaged or corrupted company file may cause the error to appear.
Using an incorrect version of QuickBooks to access the company file can lead to this issue.
An improper company file name or extension can also trigger this error.
Understanding these causes can help prevent errors in the future. Now that you know the reasons, proceed to the solutions to troubleshoot it effectively.
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Solutions to fix the 'QuickBooks company file needs to be updated' error
Follow these solutions to effectively resolve the 'QuickBooks company file needs to be updated' error.
Solution 1: Access the company file in the updated version
Launch QuickBooks and go to the File menu. Select Open or Restore Company.
Choose the option to Open a company file and click Next to proceed.
Locate and select your company file, then click Open. Make sure to check any box that appears on your screen.
When a confirmation pop-up appears asking to open the company file in the updated version, click Update Now, and then select Yes.
Read More: How to Fix QuickBooks Won't Open?
Solution 2: Attempt a Repair for Your QuickBooks Desktop
Click the Start button and open the Control Panel.
In the Control Panel, select Programs & Features, locate QuickBooks, and click Uninstall/Change.
Choose the Repair option and click Finish. Wait for the repair process to complete, then restart your computer.
Open QuickBooks and try accessing your company file again to see if the error is resolved.
If the error persists, consider moving your company file to a different location.
Winding the blog!
With the fixes provided here, we hope you can quickly resolve the 'This company file needs to be updated' error. Call our experts at 1.855.738.2784 for assistance in fixing this issue. Our professionals are experienced in handling such errors and can help answer all your questions and concerns.
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