To finish the restoration process, for the Administrator account, enter the password into the Password field in the QuickBooks Login dialog box and click on the OK You can then execute Step #18 (Note: This should be done if you had created a password for the Administrator user account earlier).

Click File from the Menu bar and select Open or Restore Company.

Then, you should re-enter all transaction records that occurred from the day you created the backup copy to the current day and make your Company file up to date. Restoring the Company file from the local backup is overwriting the damaged Company data with the Company data from the local backup copy. The QuickBooks Company File Backup Restoration Process If you do not have, you need to create one.

Note – To restore the Company file from the local backup, you need to have a password for the Administrator account as a part of the restore process. The information may include credit card numbers, ATM pin number, social security numbers, FEIN information, etc. Plus, QuickBooks Desktop Pro version will require you to enter or create a password for the ‘Administrator’ user before you can restore the Company file from the local backup containing all crucial and confidential data. Nonetheless, to do so, you have to be in a single-user mode. With this, you may repair a damaged Company file in your system. Well, you will be able to restore a QuickBooks Company file from a local backup. However, this is possible only if you created a backup earlier. To handle this situation, you can employ a manual method of restoring the QuickBooks Company File from the local backup.

Such a situation is unacceptable, especially, because the most important ‘Company File’ becomes inaccessible. When the corruption occurs to the QBW file, all the stored data becomes inaccessible leading the concerned enterprise to a standstill with all its accounting information at stake. Irrespective of all these, the QBW file of the software that stores all these data is neither immune to nor prone to corruption issues. QuickBooks is a highly useful accounting software used to manage accounts in small, medium, as well as in enterprises of large size.

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