Tweet

QuickBooks 2010: Will I Lose My Data if I Upgrade?

Written by: Scott Gregory

Article Overview: Find out the answer to this very common question regarding the new version of QuickBooks.

QuickBooks 2010: Will I Lose My Data if I Upgrade?

Now that QuickBooks 2010 has been released, many businesses will be considering whether to upgrade or not. One of the key concerns that stops many businesses from taking advantage of a new version of QuickBooks is the fear that their existing QuickBooks data will not transfer into the new version.

There is a lot of worry that the business will have to spend hours or days rekeying critical data if they move into the new QuickBooks version.

Good news - The process of moving your data from an older version to a newer one is easy and seamless!

Here is a quick overview of how your data would be upgraded into QuickBooks 2010:

1. First and foremost, make a backup copy of your QuickBooks data using the File > Save Copy or Backup command.

2. You then install QuickBooks 2010 on all computers in the office. (Bonus tip: be sure to download and install ALL QuickBooks updates during this process too).

3. Then, open QuickBooks 2010 and then try to open your existing QuickBooks data file.

4. Once you put a check in the "I understand that my company..." box and click the Update Now button, another window appears asking you to make a backup copy of your data.

5. Click Ok in the window above, follow the windows to make another backup (I know, you just made one a few minutes ago, but you can never have too many backup copies!), and then another window appears.

6. As long as you were successful in making your backup copies earlier, simply click the "Yes" button and let QuickBooks get to work on upgrading your data. While that is happening, this window will appear. IMPORTANT NOTES:

* You will NOT be able to work in QuickBooks while this upgrade is happening

* The length of time it takes to complete this process depends on several variables, including the size of your QuickBooks data file, the processing horsepower of your computer, etc.

* In very rare cases, a problem within your data file will not allow it to upgrade to the newer version, and additional assistance will be required from QuickBooks support.

Naturally, if looking at the screens above makes you break out in hives, enlist the help of a QuickBooks specialist to take care of this process for you. Once they finish, you will have seamlessly and painlessly migrated to QuickBooks 2010.

Related Articles
  Understanding the Differences Between QuickBooks Upgrades and QuickBooks Updates
  5 QuickBooks Myths - The Real Story
  Can I Move from QuickBooks Pro to Premier or into QuickBooks Enterprise?
  Why It is Critical to Verify Your Data in QuickBooks
  5 Frequently Asked Questions About QuickBooks

Article Tags: free quickbooks tips, quickbooks 2010, upgrading from quickbooks pro, upgrading quickbooks, upgrading to quickbooks 2010



Related Forum Posts
Managing the Paperwork - Greetings All, As we all know, when an Entrepreneur starts his/her business, there is a ton of paperwork to deal with. Who wants that? All we want to do is do our work and make money while solving people's problems with our brilliance! The purpose of this thread is to find out what everyone has done to manage their paperwork/bills. I, for one, am horrible at managing such things. I still have quite a number of receipts that have to be inputted into QuickBooks Pro from last year! I'm a techie and can fix pretty much any PC issues or develop some awesome online marketing ideas for businesses....but please, dont' ask me to figure out how QBPro calculates taxes and why the GST has to be separated in the setup and inputting in the Enter Bills area. To me, this is confusing (and you too after re-reading that paragraph....) So, in the past I tried a high-school Co-Op student. This was a brilliant way to get someone who knows QuickBooks and did not cost me any money. The downside, rules stated that I could not leave him alone. So if I went out on a call, so did he. He brought paperwork to do stuff while we were out so it wasn't too bad. The other downside, he didn't truly want to be an accountant as he was late at _least_ once a week as well as absent at least one day a week (keeping in mind he was only with me 4 days a week). A pure example of someone being forced to follow a parent's footsteps. So, that little experiment went well. I did get some great work from him when he was there. I still used a regular accountant to do my taxes and they talked back and forth easily to make sure my stuff was inline. I would consider doing this again. Currently, I am looking at hiring someone for a couple of hours a week. My schedule is not at all static. I could be in Algonquin Park one day and Sarnia the next. So, having someone work once a week is a much better solution for my scenario. Has anyone done anything different? If so, what has and has not worked for you so far?
QuickBooks vs. Microsoft Money vs....? - I have always used Microsoft Money to run my business - accounting, invoicing, etc. It came with my computer when I got it and integrated well with my online banking system so everything is a breeze. It only takes 30-60 minutes every quarter to do the bookkeeping (keep in mind that I have a very simple business - no inventory, very little invoicing, I do all my payments by credit card, etc). Is QuickBooks or Money the best accounting tool for small business owners? Or is there something even better?
Willing to Fail Your Way to Success - Entrepreneurs in my opinion, must be willing to fail. (This is that risk-taking factor quoted in the other post). If you aren't willing to fail then you don't take risks and if you don't take risks you do I like to call (I am qouting an awesome book called Play to Win!) 'Playing Not to Lose' instead of 'Playing to Win'. When you Play to Win you must risks. Risks are how you build a business and innovate.
Re: Does Your Website Have a Robots.txt File? - HI Carol, Your robot file is correct; no lets work on your Page Titles & Meta Data. Do you have access to create different page titles for each page of your website? Do you have your FTP information...please do not post it here but just let me know if you have access. Jeff
Re: What I Enjoyed Reading This Week - June 11 - Hi Evan, Thank you for the reading material. I look forward to the general release later this month as outlined in the 'Google Analytics To Add Search Query Data From Webmaster Tools' article. Anything that helps us to understand maximise extra data from Google Analytics can only be of benefit. regards, Mal.


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Join Conversations Politely, Part 1

4 Steps To Hypnotize Your Business Prospects

Creating a Better Place to Work

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.