QuickBooks is an accounting and bookkeeping software solution that enables accountants and small and medium enterprise owners to record financial transactions without any hassle. The software is developed and marketed by Intuit Inc. This software application mainly provides its services to the US, Canada, and UK citizens.
QuickBooks is widely used and popular accounting software. This makes small business owners record their operational transactions with much ease and an understandable form. Updating the application will enhance the working capacity of the software. In addition to that, various features are also added with the latest version of the QuickBooks Application.
Features of QuickBooks 2020 version
The following are the features of the latest version of QuickBooks:
Automatically Reminding of payments and outstanding amounts.
Ability to merge multiple emails at once.
Users can now reset the password easily and without much hassle.
This version adds a feature of searching company files.
Accessibility enhancement for the smooth functioning of all the users including visually challenged.
You can now collapse columns into well-organized reports.
Like any other software, QuickBooks also needs to upgrade once in a while for the smooth functioning of the software. QuickBooks generally provides an updated version on a monthly basis. The user needs to update it manually.
For the proper operations of the QuickBooks application, it is advisable to upgrade it on an annual basis as the monthly update consists of minor changes in the application software.
Can you Upgrade QuickBooks 2012 version to the 2020 version Directly?
The answer is Yes! You can directly upgrade the 2012 version of the QuickBooks application to the current or latest version. But you need to upgrade your company files as well to work smoothly in the latest version of QuickBooks.
Log-in as an Administrator.
Open the existing version of the QuickBooks application.
Choose the company file that you want to upgrade.
Press the key ‘F2’ from your keyboard.
This will open the ‘Product Information’ Window.
View the File Information and remember the location where you are saving your company file.
The Rebuild tool will prepare the company file for upgrading.
When you open the latest version, follow the below steps to upgrade your older version company files.
Make sure that all the users are logged out before starting.
Open the updated version of the QuickBooks application.
Choose the option ‘Open or Restore Company’.
Select the ‘Open the company file’ option.
Click ‘Next’.
Scan the computer and proceed to your company file.
When you find the company file, click ‘Open’.
Log-in to your company file as an ‘Administrator’.
The QuickBooks application automatically makes a backup of your current company files.
You can change the destination of the backup folder, just click ‘Change this default location’.
Click the ‘Update Now’ option.
Conclusion:
This article has covered approximately every piece of information regarding the QuickBooks Desktop Upgrade 2012 to 2020. If you still get any problems or want any professional help or guidance, you can freely reach out to this number: +1-877-349-3776.
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