How to Fix 'This Company File Needs to be Updated' Error?

Thank you RonaldMorse589 and raji_n 

Hi, AlfredSeybert87 

You can check out the repair tutorial for QuickBooks:

Fix data damage on your QuickBooks Desktop company file (intuit.com)

Best Regards

Jianpeng Li

If this post helps, then please consider Accept it as the solution to help the other members find it more quickly.

https://techcommunity.microsoft.com/t5/windows-10/how-to-resolve-this-company-file-needs-to-be-updated-error-after/m-p/4162462

AlfredSeybert87  check this file

Hi AlfredSeybert87 

When QuickBooks says, "This Company File Needs to be Updated," it means your company file requires a format change to be compatible with your current QuickBooks version. This usually happens after a software upgrade. Back up your data first, then follow QuickBooks prompts to complete the update safely.