Setting Up a New Company File 

What is Company file?

A company file is where you store your company’s economic records in QuickBooks, therefore it’s the primary issue wish to figure on within the program. you'll be able to produce a corporation file from scratch or convert records that you just antecedency constant during a completely different small-business accounting program, Quicken, or perhaps another edition of QuickBooks like QuickBooks for mac. QuickBooks technical support team is here with an article providing complete details regarding setting up a new company file.

How to create a new file?

Start Account Right. The Welcome window appears.

Click Create a company file. The New Company File Assistant appears.

Select the Account Right product you want to create a company file for. That Make sure you select the product you're licensed to use, unless you want to evaluate another Account Right product.

Select whether your business operates in Locations.

Enter your business contact and registration details also enter your Account Right serial number. 

You have to select the financial year for which you want to start recording transactions in your company file.

Select your conversion month.

Select the default accounts list you want to start with (you can modify your list after creating your file).

Select the industry that best matches your own business. 

A suitable accounts list for the industry you selected appears. Later you can tailor the list to meet the needs of your business.

Select where you want to store your company file.

How to Set Up A New Company File

When you first register for a QuickBooks online (QBO) account, grasp logs you in to QBO and, by default, displays the established wizard. the primary screen of the wizard asks for basic company data.

As you provide address info,

QuickBooks has auto prepares associate invoice form that contains the information; you’ll use this way (or a variant of it) to organize the invoices you send to customers.

When you end providing address info, click the Save and Next button within the lower right corner of the screen.

On the established QuickBooks screen, you give additional info regarding your company so grasp will customize QBO to adjust your needs: offer your business and company type; answer questions on importation information from a desktop version of QuickBooks; and judge however you would like to handle payroll and the way you would like your customers to pay you.

When you click Save and Next, QuickBooks searches on-line for businesses similar to yours and establishes appropriate options and settings; once QuickBooks finishes the search, you see a screen just like the one shown.


If you are still trouble to create QuickBooks new company file and these steps above haven't proven successful for other versions, Not To worry just contact our QuickBooks Online Customer Helpline Number +1844-551-9757 to contact them. We provide best technical help to manage Support for QuickBooks Error. We Sort out all your confusion or doubt regarding your QuickBooks versions.