Looking for the steps to set up a company file in QuickBooks? Well, if yes, then check out this post till the end. Company file in QuickBooks is one of the core elements, as it includes crucial company information. The company includes all the necessary accounting information of the company and also carries some sensitive data. One can try performing a simple set of steps to set up a company file. To learn the steps involved, make sure to read this post till the end. In case you do not have the proper company file knowledge, then make sure to consult our technical support tram to avoid any data loss. For more details, give us a call at +1(844)405-0907.
Steps to Create a New Company File in QuickBooks Pro and Premier
The user can try performing the below set of steps to create a new company file in QuickBooks pro and QuickBooks premier. Let us have a look:
The very first step is to head to the file menu and then choose the utilities tab.
After that click on the company data.
And then, rebuild the outstanding balances in the accounts receivable either by re-creating individual invoices.
The user can also create balance forward invoices for a lump sum customer balance.
Now, from the vendors menu, recreate all the vendor balances along with the enter bills tab.
These bills will be directly charged to the Uncategorized Expense Account as opposed to individual expense accounts.
Note that, it is not available to payroll users due to critical payroll information in payroll files.
Also, not available in QuickBooks online banking users due to the security and time-related data from the financial institution.
The next step is to select the file and click on new company tab.
And then, perform the onscreen steps to create a new company file in QuickBooks.
Read Also: QuickBooks Error Code 80029c4a
Towards the end of this post, we believe that the information shared in above might be of some help in setting up a company file in QuickBooks. However, in case of any queries or if the user requires our assistance, then in that scenario, consulting our QuickBooks tech support team at +1(844)405-0907 is recommended. We are a team of certified QuickBooks professionals who work round the clock in providing immediate support and assistance.
While getting backup of company files in QuickBooks, it shows an error QuickBooks "Unable to back up company file".
This error can be triggered due to a lack of storage in the device.
To resolve this error simply click on the given link or call us on toll-free number (855)-526-5749 for instant help.
