Do you want to create a Portable Company File in QuickBooks Desktop? Through this article, we shall provide you simple, yet invaluable procedure for creating and opening the Portable File in QuickBooks desktop.
A portable company file is a compressed form of a company file that may be sent through email or stored on a USB or hard drive. You may effortlessly generate QuickBooks portable files, transfer them to different devices, and open or recover them quickly.
Necessary prerequisites to be considered before creating the Company File
Before you embark on the process of creating your portable Company file in QuickBooks desktop, make sure that you meet the following requirements:
- QuickBooks should be updated to its latest version.
- Ensure that you always log in to QuickBooks as an ‘Admin.’
- If you provide another person a copy of the portable file, they will have full access to QuickBooks and be able to add/modify transactions and change the Administrator password.
- If you attempted to resolve the data issues, make sure that when restoring the portable copy, you do not overwrite the original file. Before restoring the portable company file, the ideal technique is to rename the original file.
- When you want to send the company file to an accountant, prefer to use the accountant’s copy.
Walkthrough for creating and opening a portable company file in QuickBooks
You can implement the methods below to create and open a portable company file.
Step 1: Update QuickBooks desktop
First and foremost, make sure that you update QuickBooks Desktop to the latest version. To do the same, follow the procedure mentioned below:
- Select the ‘help’ tab in the QuickBooks software.
- Select the option ‘update QuickBooks desktop.’
- The next step is to select the ‘update now’ option and then go to ‘reset updates’ to remove all prior updates.
- Then, choose ‘get updates’ and wait for QuickBooks to finish downloading and installing.
- Additionally, restart QuickBooks.
- You can also set QuickBooks to download the most recent software automatically.
- Again, repeat the process by selecting ‘Settings.’ Opt out of the automatic update and shared download by choosing the dots.
Methods 2: Creating a backup file
Implement the procedure below to create a backup file.
- Start QuickBooks.
- Then go to ‘files’ and switch to ‘single user.‘
- After that, you must click on files and generate a local backup.
- Afterwards, select ‘local backup.’
- Go to the ‘next’
- Browse and head to the location where you want to save the backup file.
- Finally, the system will check the files, and you must save them by clicking the ‘ok’
- Finally, press the ‘next’ button.
Step 3: Create a portable company file
Creating a portable company file in QB is quite easy. You just need to adhere to the steps given in the following lines.
- Log into QuickBooks as an administrator.
- Choose ‘make copy’ from the ‘file’
- Select the portable company file and press the ‘enter’
- Provide some name to the file.
- Choose a location to save the portable company file that is simple to find, such as the Windows
- Finally, select ‘save’ and click the ‘OK’
Steps to open a portable company file in QuickBooks
After you have successfully created the portable company file, you must be wondering how to access it. Following the creation of the file, follow the procedure below to open the company file:
- Open QuickBooks and log in as an ‘admin.’
- Head to the ‘file’ menu and select ‘open or restore company.’
- Select ‘restore a portable file.’
- Afterward, click on ‘next‘ tab.
- Choose the portable company file and select ‘open.’
- It is pertinent to note that you should not use the same name for the portable company file and regular company file. If you save them in the same folder, then the portable file will overwrite the regular one. Therefore, you should ‘rename’ the portable company file. Another walkway is to save it to a different folder.
- Click on ‘next‘ And choose ‘save‘ tab.
- When you open the file, QuickBooks will automatically re-index the data.
We are hopeful that you found the procedure enumerated in this article for creating and opening portable company files on the QuickBooks desktop useful. If you have any queries regarding the same, you can contact our 24/7 QuickBooks technical support at 1-800-761-1787. Our team of experts shall resolve all your QB-related questions through reliable and unmatched support services.