Company File Update doesn't work

Run the Verify/Rebuild Data utility. Did you encounter any error message?

As soon as I open the file, it tells me to update. Can I run that without updating the file?

As soon as I open the file it tells me to update. Can I run that without updating the company file?

I have the information you need to help you update your company file, jn29. I'll be pleased to share the details so you can proceed with your task.

Once you update your QuickBooks Desktop, you'll also need to update your company file to keep it working on the newer version of the program. QuickBooks needs at least 1GB of space to run the installation process and 2.5 GB to work at peak performance. You can proceed to the "Hardware and operating system requirements" section in this article for more information: System requirements for QuickBooks Desktop 2024.

The speed of the updating process will depend on the available space within your hard drive and your internet connection. It could be that your hard drive no longer has enough space, which you receive the error and makes the process even longer.

To get this resolved, you can refer to these steps to check the free space you have in your hard drive so we can make enough space for the update:

1. Head to the Window Start menu, then key in File Explorer from the search field and open it.
2. From the navigation bar, choose  My Computer or This PC.
3. Right-click the icon for your hard drive that is Windows (C:).
4. Pick Properties to review the remaining space you have.

After that, scroll down to Step 2 on this material for the detailed process of making some space on your hard drive: Fix there is not enough space on QuickBooks Desktop.

On the other hand, you can visit this page for further guidance if you encounter issues when updating your company file: Fix QuickBooks Desktop Update Errors.

Moreover, consider scanning these resources to troubleshoot your data whenever you have concerns when opening QBDT or your company file:

• QuickBooks Desktop won't open
• Can't open your company file in QuickBooks Desktop

Please let us know in the thread if you have other questions when updating and managing your company file in QuickBooks Desktop. We're always around to help.

We definitely have more than enough space. The Quickbooks software itself has updated successfully. The issue is with the company file update. When I try to open the company file, it's asking me to update the file. I click update then it doesn't show anything. It doesn't show the progress bar or anything. After a few hours it says there is not enough memory. I think 32 GB of memory should be more than enough. The company file is saved locally so the internet speed is not a factor.

I appreciate you for getting back to this thread, @jn29.  I'll provide some troubleshooting steps to get around this issue.

Since you've mentioned that your QuickBooks Desktop (QBDT) is successfully updated, let's use QuickBooks Tool Hub to fix this company problem. This way, it'll fix various issues in QBDT accounting software.

Follow these steps to proceed:

1. Close your QBDT account.
2. Download the most recent version of the QuickBooks Tool Hub and save the file somewhere you can easily find it.
3. Open the file you downloaded (QuickBooksToolHub.exe).
4. Follow the on-screen steps to install.
5. When the installation finishes, open the Tool Hub on your Windows desktop.
6. Select Program Problems and click Quick Fix my Program.
7. Run the QBDT program and try to open your company file.

To learn more about the process, refer to this article: Fix common problems and errors with the QuickBooks Desktop Tool Hub.

Additionally, visit this article to read subtopics that describe how a feature is used and how to accomplish tasks related to its functions: Help Articles in QuickBooks Desktop.

Feel free to click the Reply button below if you have any other questions or concerns about updating your company file in QBDT. I would be happy to assist you further.