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Usually this will happen during the installation process and will require you make a backup first.

Because of this, the data file must be updated. When you are upgrading QuickBooks from one version to the next, sometimes the earlier version’s data file can’t be read by the newer version. Note: This article is also available as a PDF download.

These tips may help you solve those issues before you lose your hair or your money. I do a lot of work on QuickBooks and have gathered some of the common issues I deal with almost daily. This complexity means that QuickBooks is prone to having problems. But QuickBooks is also a fairly complex application. It helps organizations manage their money, pay their employees, and pay their bills. QuickBooks is a crucial tool for businesses.

Luckily, many common problems are easy to fix - once you know about them. When something goes wrong with QuickBooks, the consequences can be pretty dire. 10 QuickBooks issues and how to resolve them