QuickBooks is designed to work for your accounting solutions. It helps you to manage your business efficiently. QB application is easy to use and it has a simple interface which is extremely user friendly. It offers numerous features to evaluate your financial data. QuickBooks desktop accounting software is undoubtedly one of the most secure accounting software in the world. If you are looking for more information on creating a new QuickBooks Company File from an existing one, you are on the right page. Please follow the given instructions to create a new QB Company File from an existing one.
Before you follow the instructions, you need to Condense Data Utility to erase all of the previous transactions and the relevant data from QB. This copy will include information about your customers, vendors, and product data. Templates and preferences are also included in this copy.
If you are looking for an instant resolution, you can choose to contact the renowned and experienced QuickBooks ProAdvisors +1800-366-1468 of ProAccountingAdvisors.
Important Note: Users of the direct deposit, E-file or E-pay needs to have an active subscription on just one Company File.
How To Create A New QB Company File From An Existing One?
Follow the given instructions:
- To ensure the data safety, create a backup of your existing QB Company File.
- Save the backup by restoring the backup of the QB Company file. Save this in the same folder where you’ll save the new QB Company file.
- Change the name of this file. (This will create a new copy of your QB Company File.)
- Test this new QB Company File to ensure its working.
How To Erase All Transactions From The QB Company File You Just Created?
When you Condense data while using QB Desktop payroll, there are some limitations. The major limitation here is you cannot erase the payroll data. You have to get in touch with one of the QB ProAdvisors to get the payroll data removed.
You have an option to delete the transactions manually. Else, you can also create a new copy of the QB Company file. Export the list from the original QB Company File when you create a new Company File. Import this list to the newly created Company File. You also have the option to import and export the form templates. The QB allows a single form to import or export at a time.
- Run QuickBooks and open the Files options.
- Click on Utility, tap on Condense Data from the drop-down.
- Click Yes if you get the following warning: “your budget data will get removed”
- Tap on Next.
- You will be instructed automatically to move ahead. Follow the instructions given on the screen.
How To Contact The QuickBooks Technical Experts?
The above-given steps will help you create a new QB Company File from an Existing One. However, sometimes you can face the errors if the steps are wrongly followed. This will lead to the occurrence of a few errors from the 6000 Error Code series.
You can experience a few other problems while creating a new QB Company File. It is recommended to contact QuickBooks ProAdvisors and get immediate technical assistance. Go to the Contact page which is on the upper-right corner of this page. Now, click on each of the text fields and enter appropriate information. Click on the Submit button and we will get back to you.