How to Create New Company File in QuickBooks Desktop?
QuickBooks stands out as a user-friendly accounting software widely recognized for its efficiency. It offers the option to create a fresh company file annually, erasing the need for re-entering initial data. Importantly, setting up a new company file in QuickBooks doesn't require closing or deleting the previous one.As the year draws to a close, businesses often face data accumulation that impacts performance. Notably, you gain an added layer of security guarding against unintended data loss. With QuickBooks, optimizing your financial processes is within easy reach. For more information you can contact our customer support team at +1-844-405-0907.
Read Also: QuickBooks cannot run payroll error 15106
Creating a New QuickBooks Company File
Now, let's walk through the steps to set up a new company file.
Option 1: Express Start
- Open QuickBooks Desktop.
- In the No Company Open window, select Create a New Company.
- Choose Express Start.
- Fill in necessary details in QuickBooks setup. Remember, you can click Help me choose to understand each business type and its associated chart of accounts.
- Click Create Company.
- Start building the chart of accounts, customers, and services. You can do this immediately or later by selecting Start Working.
Option 2: Detailed Start
- Open QuickBooks Desktop.
- In No Company Open window click onCreate a New Company.
- Opt for Detailed Start.
- Complete the easy-step interview screen and click Next.
- Choose your industry type and click Next.
- Identify your business entity type and click Next again.
- Set the fiscal year for the company file and click Next.
- Establish the QuickBooks admin password and click Next.
- Select where to save the company file and click Save.
- Customize QuickBooks by clicking Next or postpone this step by choosing Leave.
Outline:
Discover a wealth of knowledge on the intricacies of setting up a new company file in QuickBooks, as well as mastering creating a QuickBooks desktop company file. Don't hesitate to reach out to our dedicated QuickBooks support team by dialing our toll-free number, +1-844-405-0907. Connect with an Intuit Certified ProAdvisor who stands ready to provide comprehensive assistance and guidance, empowering you to navigate the QuickBooks landscape with confidence and expertise. Whether you're delving into the world of QuickBooks setup or seeking to maximize your desktop company file creation, our team is here to support you every step of the way.