Is It Possible to Drop a Company

It brings up the new company interview. I was wondering if it would allow you to drop the original company.

Delete the file.

Each company is just a file ending in .qbw.

You can have unlimited numbers of companies. You can delete the file containing the current company but it may be safer to move the file to a temporary folder, out of your way, until you are positive you are ready to delete it.

If you move the current file to another folder, you can name the new company the very same file name if you like.

I like to keep my company files on a different drive than where my software is installed. I install all software to my C drive and keep all data on my D drive. That way, I can very easily back up all my data files to back up media from the D drive.

I've created a folder on my D drive called QB Data. I have then created sub-folders named 2001, 2002, etc. I do this because there are clients still using old software who want their books adjusted and able to be returned to them in the same version format. So, I like to remember which version each client is using. I have all the software versions installed on my C drive in C:/programs/intuit/2001 or 2002 or etc.

I hope this helps you to understand that multiple versions of QB and multiple companies can reside on your computer.

Thanx. This is very helpful. I take it, then, that if I want to move (and continue to use) an existing file, I can simply move it to another drive and start QB? On the first startup, would it then prompt me for the file location and take it from there?

You can click "File" on your top tool bar. The drop down list will enable you to choose a file from anywhere on your computer.

Another way to open a set of books is to find the file on your computer and double click it. It will automatically open QB to read the file you have double clicked.

You can put a shortcut on your desktop to the .qbw file and double click the shortcut to open the file with QB. This works well when you use QB for multiple companies but more for one specific one. I have lots of client .qbw files on my computer but access my own more than any other. So I put a shortcut on my desktop to my company.

Thanx again, Joanne.

Will do. We've found that both our accountant and ourselves have entered stuff improperly. While we might have the right numbers, they went in the wrong way. Now that we sort of know what we're doing, we're in a better position to start. We can look at the old file to get better opening balances. Our accountant journaled everything and that threw us off. Then, I started entering tax liabilities as expenses and...