Question

Moving to a new QB Desktop File

Forum|Forum|2 years ago
January 9, 2024
2 replies
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Our QB file has gotten very big. We are starting to have some issue with it from time to time. We have compressed the file and it is working at the moment.

Our EOY is coming up and I'm thinking it may be time to move to a new QB file, but I would like to be able to migrate Vendors, Bank Accounts etc over and just start with current balances, and maintain the old file for historical reasons and to pull any needed information from it when necessary.

I can't seem to find an easy way to do this. Is there an outline on how to do this, does it require a third party tool?

Thanks for your assistance.

QuickBooks Desktop

S

Shania_C

Welcome to the Community, @Okie7.

I want to ensure we're on the same page to achieve your goal for today, which is moving to a new QuickBooks Desktop File.

I'll give you three options to successfully move to a new QB Desktop File. You won't need a third-party application, but if you decide to do so, you are free to choose.

The first one is to condense data utility. This streamlines your company data file and improves its performance. The second is to create a company file from an existing QB Desktop and learn how to use an existing company file to create a basic framework for new ones.

You don't need to start company files from scratch. You can copy and use accounts, lists (customers, vendors, items, etc.), templates, and preferences from an existing company file to get started.

The last one is to create a new company file. Your company file saves all of your financial info and grows with you. In QuickBooks, you can save multiple company files for various businesses. Each business should have its company file.

If you're all good with this, feel free to check this article as your guide and your future reference:

Stay in touch if you run into roadblocks while performing any task or have questions about QuickBooks Desktop Company File. I'm only a few clicks away from help. Have a good one and stay safe!

4

4Gal

@Okie7

You can use the condense data utility to create a new company file with the beginning balance.