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.
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:
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:
Now, let’s go ahead and learn the restoration process in detail. We have categorized it into two parts:
Below we have discussed the steps for both in detail.
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:
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.
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:
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.
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:
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:
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.
Follow the below-given steps to know how you can restore the backup company file in QuickBooks:
Note: If you don’t want to overwrite the existing company file, you must move the copy to a different folder.
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!