Importance of QuickBooks backups

A lot of readers found my blog series on QuickBooks backups reports to be helpful so I wanted to write a series of blog posts on backups.

Creating backups for your QuickBooks file on a regular schedule is extremely important!

Wait, what is a QuickBooks backups?

Backups are copies of your QuickBooks file just in case something happens to your data. It is a snapshot of what you entered until the backup date.

Why are backups important?

If you haven’t noticed, QuickBooks doesn’t have a save button. You enter data and transactions and the file saves when you log off or close the program. Accidents happen! What if your cat walks across your keyboard and restarts your computer or a pesky virus infects your computer?

What does a backup save?

A backup file saves your program settings, transactions, and names, as well as files related to the company file like templates, letters, logos, and images. It also backs up the Financial Statement Designer, Cash Flow Projector, Business Plan, and Loan Manager files. NOTE: Some Payroll files are restricted from being backed up.

When setting up your Company:

Gita Faust

About the Author

Gita Faust has over 30 years of accounting experience in the real estate and property management industry, Gita Faust is more than just a real estate investor; she is also popular for her work as an accountant, consultant, mentor, speaker, QuickBooks Top ProAdvisor, QuickBooks Solution Provider, member of Intuit’s Trainer/Writer Network, and, of course, author. Gita is well-known for her exemplary leadership and advisory skills. In fact, she even helped pioneer the adaptation of QuickBooks to suit the needs of professionals in real estate and property management. To share her knowledge she has written a series of courses titled Simplified Accounting Solution, which provides step-by-step guidance for those working with QuickBooks.

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