Lost your business data and don’t know what to do? Or did your system crash? Do you want to undo the recent changes that you made in your QuickBooks company file?
Business Accounting data is of utmost importance, and a lot can go for a toss if it is at the stake of high risk. At this point, you might be thinking about what to do. If you have data backup, then, you don’t need to panic. As, you can restore company files in QuickBooks Desktop through the backup of your company data. This must have made you understand the importance of data backup. It proves helpful when there is no way left of data recovery. Before you learn how to restore a company file, you need to understand when it is required.
Under Which Conditions Can You Restore QuickBooks Backup File?
After getting aware of why data backup is necessary, you might be thinking about when to do it. Well, certain situations would ask you to restore your accounting data from a backup file. Below we have mentioned all such reasons:
- Whenever the QuickBooks Company file is deleted accidentally.
- You need to restore the company files in QuickBooks Desktop when data gets damaged due to a virus or malware breach.
- When it becomes difficult to repair the corrupt company file using any of the available tools.
Factors To Consider Before You Restore QuickBooks Data File
Before you go ahead and understand how to restore a backup company file, there are certain factors that you must take into account. Here, we have mentioned all such important points:
- You must use QuickBooks in single-user mode.
- Update your company file by re-entering all the transactions you have from the date you created the backup.
- Keep your financial data secure by logging in using the password for the Administrator user. It keeps your critical data such as credit card numbers, social security numbers, or FEIN information safe.
Now, let’s go ahead and learn the restoration process in detail. We have categorized it into two parts:
- Restore Company File in QuickBooks Desktop through Backup in Windows
- Restore QuickBooks Backup File in QuickBooks Desktop for Mac
Below we have discussed the steps for both in detail.
1: How To Restore QuickBooks Company File From Backup in Windows?
You no longer need to worry about lost data, as you can restore it through the backup of your company file. Complete the restoration process in QB desktop by following the below-given steps:
- Firstly, open QuickBooks.
- Navigate to the File menu and select Open or Restore Company, followed by Restore a backup copy. Then, click on Next.
- Now, select the Local Backup option and then Next.
- After that, browse for the company file backup on your hard drive. It will appear as [Your company name].qbb.
Tip: If in case, you are storing your data in an external device like a USB or a hosting service, then you must move it to your hard drive in the first place.
- Click on Next and select the folder in which you have saved the .qbb file.
- Click on Open followed by Next.
Important: If QuickBooks finds out that there is a company file with the same name in the specified folder, it asks whether you want to replace the existing file or not. If you click on Replace, QuickBooks deletes the existing file and replaces it with the restored file. Further, if you’re not sure about replacing the file, click on Cancel and give a different name to the file that you’re restoring. It converts it to a regular company file with a .qbw extension. The company file and all the associated files are stored in this particular location.
However, you may follow the below-given steps to overwrite the data:
- Go back to the Open or Restore Company dialog box. There, select the folder to save the Company File and click on Next.
- Now, go to the damaged company file via Save Company File as Window.
- Select the required company file and give permission for overwriting the data. And then, click on Yes.
- Further, give your confirmation by writing YES in the dialog box that pops up on your screen and select OK.
- Enter the administrator username and password in the QuickBooks Login page once the overwriting is done.
- Lastly, re-enter all the transactions that you have from the time of backup until the present time.
Note: It might be possible that you wouldn’t have created any Administrator password earlier. Hence, in that case, go to the QB signup page and follow the below-given steps.
- Firstly, enter a unique username in the given field.
- Then, enter Password in the Sensitive Data Protection Setup window and confirm it.
- Further, you will be asked to select a specific question and an answer for the same.
- After signing up, you can re-enter all your transactions.
2: How To Restore A Backup Company File In QuickBooks Desktop For Mac?
There are certain ways that can help you find and restore company files in QuickBooks Desktop for Mac. You can restore your accounting data even when you want to undo the recent changes made in the company file. The process becomes easier if you have data backup in QuickBooks for Mac application. Here are the detailed steps, following which you will be able to restore the QuickBooks Backup File in Mac:
Step 1: Browse to your backup company file
You need to browse your backup company files for restoring the recent backup in QuickBooks for Mac. However, your company file’s copy is stored in the DMG file that QB for Mac creates while creating the backup. If you still are unaware of the backup file location, then follow the below-given steps to find it:
- Open QuickBooks and go to Preferences.
- Then, select backup followed by the Reveal backup folder option.
- Double-click the folder in which you have saved the backup files and Select the Date modified option to check the most recent backup.
Note: The year of the QuickBooks version that you are using currently is also displayed in the name of the backup company file. For instance, say you are using QuickBooks for Mac 2020, then, the name of your company file will appear as: “Your business name.qb2020.”
Alternatively, you can also use the magnifying glass feature to search for your backup file. Click on the magnifying icon in the QB menu and search for .dmg in the search bar. Then, click on Show all in Finder.
Now that you have located the backup file, you must go ahead and try restoring the backup company file.
Step 2: Restore the backup company file
Follow the below-given steps to know how you can restore the backup company file in QuickBooks:
- At first, double-click the backup file. It will open a new window that displays the copy of your company file. Besides, you may also see the Attachments Library folder whenever your backup has attached documents.
- Move this file to the QuickBooks company file folder. You may also drag it to the same location as the Attachments Library.
Note: If you don’t want to overwrite the existing company file, you must move the copy to a different folder.
- Now, open the QuickBooks for Mac application.
- Click on Browse and go to the folder where you have saved a copy of the company file.
- Select and open the file.
- Click on Continue when a prompt window pops up.
- Enter the name of your company file and click on Save> OK.
Step 3: Restore the attached documents
- Open QuickBooks and select the Preferences option followed by Attachments.
- Now, select the Attached library dropdown menu> Select Existing.
- Choose the Attached library folder that you located before and then click on Open.
- At last, close the Preferences window.
We hope this blog has helped you get all the information you must know on how to restore company file in QuickBooks Desktop. This way, you will have a new company file that will allow you to work with updated information. However, if you are still stuck with any query and need an expert’s assistance, then we suggest you get in touch with our support team by placing a call on Asquare Cloud Hosting Helpline Number. Our dedicated team ensures to remain a call away even if you need us in the oddest hours of the day!