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Join nowHi there, @KSH,
Thanks for joining the conversation and for giving us the chance to lend you a hand. I can share some information on how to get past the error you're getting when creating a back up copy.
Here are a few scenarios why this QuickBooks error appears while saving a back up file:
To get past the problem, let's run the QuickBooks File Doctor to resolve damages with your company file. Here's how:
Once completed, try opening your company file again and see if the issue is resolved. If not, I'd recommend following the remaining steps from this article: Message: You do not have sufficient permissions to the specified folder
That's it. Please update me on how it goes, @KSH. I'm only a post away if I can be of further assistance. Have a good one!