Thank you for your response, but that is not the questions I asked.  I have already set up the backups as described.  The backups did not work.  My questions were as follows:

1) Is there a limit to the number of company files that cab be set up for the Automatic Backup?

2) Can i schedule multiple backups for the same time?

3) Do I have to have QB running for the backups to kick in?