Update/Convert older to newer version of QuickBooks Company File Steps Overview

QuickBooks keeps updating its software to meet the requirements of the advancing business and keep pace with the competitors with advanced features. Updating to the newer version of QuickBooks is a smart move as it enhances the security and offers some new features. It is easy to Update/ Convert older to newer version of QuickBooks company file following the steps below:

1. Before starting with the upgradation, it is necessary to check for the System Requirements of the newer version of QuickBooks that you intend to install. System Requirements comprises of two parts: Hardware and the Software. If the minimum criteria are not fulfilled, the newer version will not run smoothly.

1. Hardware Requirements will include the minimum disk requirements, RAM requirements, processor requirement and more.
2. Software Requirements are related to the operating system required to support the newer version of QuickBooks. However, the newer versions are developed to be compatible with most of the older versions of operating versions but still it is better to check from the list of the Operating System supported.

1. After the installation is complete, the next step is to update the files from the older version to the new version. To update the files, you have to open the files in the newly installed/upgraded version where you will be asked to upgrade or convert the data file. User can choose any one of the options according to his requirements. One has to be careful before upgrading the files as in most of the cases, the rollover to the older versions for files and folders in not allowed. Thus if user plans to revert to older version, it is highly recommended to create a complete backup of all the files and folders in a USB drive. However the QuickBooks Accountant version allows taking files to the older version if required.

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