Learn How to Create A QuickBooks
Desktop Company File
QuickBooks company files store the company's financial records and data, such as
transactions, accounts, reports, and other important documents. It holds your company file
and account information and details, on which you can work later to understand and enhance
your business operations. To manage your business accounts and finances, you need to
create a company file. In this blog post, we will discuss how to create a QuickBooks
Desktop company file in easy steps. Read the next section of this guide to know the detailed
process.
Creating a new company file from scratch effectively on your own can be a complex
and tiresome task for you, and any wrong step can lead you to trouble, so it's better to
seek professional assistance from experts. Feel free to give us a call at 1.855.856.0042.
Steps For Creating A New Company File
You can follow the steps below to create a new company file in QuickBooks to manage your
business's finances efficiently.
• Launch QuickBooks Desktop software on your computer.
• In the "No Company Open" window, locate and click on the option to "Create a new
company.
• You have two setup options:
1.Express Start or Start Setup: Choose this option if you want to begin immediately. You only
need to provide basic business information, such as your company name, industry, and
business type. Then, select "Create Company File" to proceed. You can input additional details
later.
2.Detailed Start: Go for this option if you want a complete and comprehensive setup, ensuring
all necessary information is included from the beginning.
• Depending on your chosen setup option, follow the instructions displayed on the screen.
• Note: If you already have an existing company file in QuickBooks, ensure to give your new
file a unique name to prevent accidental overwriting of data
• Once you've completed the setup process, select "Start Working".
• You're now ready to work with QuickBooks Desktop for your newly created company file.
Get Started in QuickBooks Desktop
After creating your company file, you can follow the below steps to personalize QuickBooks
for your business:
• Add details about your company.
• Create Products and Services.
• Add Customers and Vendors
• Enter Employee Info
• Create Accounts on the Chart of Accounts
• Set Up Apps or Subscriptions
• Enter Historical Data
Important Tips to Avoid Errors in Creating Company
Files
• Ensure the accuracy of the information entered during setup to avoid any issues later.
•
Make sure to store your company file in a safe location to avoid company file errors
like QuickBooks Error Code -6000-832.
• Get familiar with QuickBooks' latest features and functionalities to maximize efficiency in
managing your business finances.
• Regularly backup your company file to safeguard against data loss.
By following these steps, you can successfully create a QuickBooks Desktop company
file and start working with it immediately to manage your finances and keep your data
records. If you find any step challenging or are not able to create a new company file, do not
hesitate to give us a call at 1.855.856.0042.