Hi there, SMBakerBooks.
Thank you for visiting the QuickBooks Community. I'll be sharing steps to make sure you can start a new company file.
To start with, create a copy of an existing company file and condense the file to remove all the transactions. This gives you a basic framework to use for your new company file.
Here's how:
- Go to the File menu and select New Company from Existing Company File.
- Select Browse and find the company file you want to copy.
- Select the file and then Open.
- Give the copy company file a name.
- When you're ready, select Create Company.
QuickBooks copies your preferences, sales tax items, memorized report, and chart of accounts to the new company file. However, please know that it doesn't bring over bank or credit card accounts. It also doesn't copy sensitive info, like Employer Identification Number (EIN) or payroll.
Once done, you can now delete entries from the copied company file. The backup you restored creates a new company file with the same accounts, lists, templates, and preferences. To start fresh, remove the transactions QuickBooks also copied over. You can open this article to see further details and how to complete the process so you can begin a new company file using data from a current file: Create new company files from existing ones in QuickBooks Desktop.
After that, install and configure QuickBooks Desktop on a server so that computers on your network can access your company files. This is known as enabling multi-user mode and it ensures that your employees can work with the new company file.
Lastly, you may refer to this article to view different solutions on how you can fix general problems when your company file won't open: Can't open your company file in QuickBooks Desktop.
Don't hesitate to leave a comment below if you still have concerns about QuickBooks or additional questions about setting up a new company file. I'll get back to help you the best that I can, SMBakerBooks. Have a great day!
