Each year, QuickBooks rolls out upgraded and new functionalities as a latest version of its accounting software. These updates help to fix bugs present in the older versions, and optimize the QuickBooks software performance. They come at no extra cost to you, and when you upgrade your QuickBooks software to the latest release, you will ensure your company’s productivity.
If you want to learn how to upgrade to QuickBooks 2022 latest version so you can have the latest features such as customized payment receipts and access all the product improvements like dispatch of payment statements, then you should read on.
In this guide, we will talk about three major things:
There are four immediate benefits your company will get when you upgrade to QuickBooks 2022.
Here they are:
Before performing any upgrade, however, it is essential that you check whether your software is updated to the latest QuickBooks version or not.
Here are a few detailed steps you can take to do that:
Image source: Intuit
If Please follow the same steps for upgrading all the QuickBooks versions i.e. QuickBooks Pro, Premier and Enterprise applications to the latest release 2022.
There are many ways you can upgrade your QuickBooks Desktop to the latest release. No matter the version of your software, follow the procedure listed below.
It is very important that you prepare a backup file of the current version you are using before you update your QuickBooks Desktop company file. This way, you can ensure the safety of your data in case there is a technical issue.
Note: A backup is stored online and locally on the PC.
For reference, look at the below image:
Now, follow the next part to begin Upgrading the QuickBooks company file from 2021 to 2022.
Upgrading QuickBooks Accounting Company File from 2021 to 2022
When you open your company in the newer version of QuickBooks, i.e. 2022, for the first time, you receive a prompt to upgrade the file to the latest version.
Please note that your company file will not be operational with the original version of the application after it gets upgraded to the 2022 version. Before you move to upgrade your application, make sure that all users log out of the company that you wish to upgrade to the 2022 version.
To upgrade, take the steps listed below:
|Unable to find your company file through the application. Follow the steps:
If you still can’t find your company file, make sure that it is not hidden.
|To enable the view of hidden files:
If Host Multi-User Access QuickBooks creates a backup of your existing company file automatically. In case you would like to change the default location of the backup you can do so by selecting the option to Change this default location.
Upgrading QuickBooks Desktop to the latest release (2022) will unlock your access to all the new functionalities such as customized payment receipts, automatic dispatch of payment statements, and much more. You can consider hosting QuickBooks Desktop for accelerating your business growth by effectively streamlining your accounting activities. You are sure to get quick, easy, and global access to the world’s most trusted accounting tool.
It’s best to install the upgrade in a new location rather than overwriting the current version of QuickBooks. To upgrade your current QuickBooks version, users must clean their system before updating their respective software. The cleaning process involves clearing or removing unwanted files and caches, which helps eliminate data corruption.
Yes, upgrading QuickBooks is free. The minute the update arrives, users are sent a notification justifying the same. When you open QuickBooks, you must click on “Update” and follow the prompts to install the upgrades.
It only takes a few minutes for a QuickBooks upgrade to take place. In simple words, it can take 25-30 minutes for the upgrade to occur, only if the update takes place without any errors or malfunction.
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Last Updated on August 16, 2022 by admin