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How To Upgrade QuickBooks 2016 to QuickBooks 2021?

As everybody is well-acquainted with QuickBooks, such a robust accounting software mechanism that commences multiple accounting & financial management tasks quite efficiently within a few clicks. From-time-to-time, Intuit launches newer versions of QuickBooks with advanced features & functionalities to enhance the performance of the software and in today’s article, we are going to discuss How To Upgrade Quickbooks 2016 to Quickbooks 2021 in a detailed manner.

How To Upgrade QB Release 2016 To QB Release 2021?

As soon as you purchase the QB version 2021, all you need to accomplish is to download, install, and update the QB 2021 program on your PC with new license & product information:

Steps On How To Install QuickBooks Release 2021:

Step 1: Try To Prepare For The Installation

  1. Firstly, ensure that your PC matches with system requirements.
  2. Then, download the 2021 version of QuickBooks Desktop and save the file in the folder where you can easily locate it.
  3. Now, be prepared along with your product and license number handy.

Step 2: Start Installing QuickBooks Desktop 2021

  1. At first, open the file you just downloaded (QuickBooks.exe).
  2. Then, adhere to the instructions as mentioned on the screen and consent to the software license agreement and then choose the Next option.
  3. Later, punch your Product and License numbers. Then, again choose, Next option.

Step 3: Now, Opt  For Install type 

You will be having two options for installing QuickBooks version 2021: express, or custom & network:

Steps To Install express 

  1. First, choose Express and then select Next option.
  2. Now, choose the Install option.
  3. As soon as the process completes, select the Open QuickBooks option to initiate it.

Steps To Install Custom Or network:

  1. Firstly, choose Custom and Network options and then click on the Next button.
  2. Now, choose an option that mentions how you’ll use QuickBooks.
  3. As soon as you are on the next screen, choose Change the install location option.
  4. Then, select the Browse to decide your QuickBooks folder location. 
  5. Later, select the Next button to begin the install process.
  6. Once it finishes the installation, then select Open QuickBooks to begin it
  1. Step 4: Enable QuickBooks Desktop 2021

    As soon as installation finishes, QuickBooks 2021 program will prompt you to activate and update it .

Steps On How To Update QuickBooks Release 2021:

Step 1: Make Your Company File Prepared

  1. First, open the  original version of QuickBooks, then access the company file you need to upgrade.
  2. Then, enter the F2 key to access the Product Information window.
  3. Now, view the File Information tab. Also, check where your company file is stored on your system.
  4. Then, Run the Rebuild Tool for your company file and then prepare it for the upgrade process.

Step 2: Complete The Upgrade Process Of Your Company File

Note that as soon as you open your company file in a newer version, it asks you to upgrade it.

  1. First, ensure that all users are logged out of the company file.
  2. Now, open the 2021 version of QuickBooks Desktop.
  3. Then, choose Open or Restore Company if you don’t have a company file open. 
  4. Then, choose the options of Open a company file and then Next. If you have a backup company file in the place of a company file, then choose Restore a backup copy option and then Local backup option.
  5. Now, Browse your system for the company file. Then, choose it and select the Open option.
  6. After this, try to sign in to your company file as an admin user.
  7. Then, choose the Update Now option to initiate the upgrade process.
  8. Once QuickBooks is finished, choose the Done option.
  9. Now, you will be able to open your existing company file in your new version of QuickBooks Desktop.

Step 3: Update The QuickBooks 2021

Once you upgrade and access your company file and update QuickBooks, now you would have the 2021 software release.

Hopefully, with the above-mentioned steps, you might have learned how to upgrade QB release 2016 to QB release 2021. If you ever scuffle with QuickBooks Enterprise software while working on it, you can simply contact our QuickBooks Enterprise Support Phone Number +1-855-533-6333, and gain reliable & prompt assistance from our QB experts. They are available by 24*7, round-the-clock to aid you.