Upgrading your company file

Setup > Upgrading your company file

If you've used an MYOB product in the past, thank you for upgrading to MYOB AccountEdge! We're sure you'll enjoy AccountEdge's ease of use, coupled with the power and flexibility of network computing.

Note: A refresher course on company files

If you've been using MYOB products for some time now, you should be familiar with the concept of the AccountEdge company file. Just in case you need to refresh your memory, though, here's a short definition:

The AccountEdge company file is an element (file) inside a computer that stores all the information about your company that you've entered into AccountEdge, including basic company information, transactions, accounts, customer information and so on. If you plan to take advantage of AccountEdge's multiuser capabilities, you can store your company file anywhere on your company's network that can be accessed by all the workstations used to run AccountEdge.

For detailed information about working with your company file on a network, see Networking with MYOB AccountEdge.

Before you begin using AccountEdge with your existing company file, you need to perform a simple procedure on your company files called upgrading. Upgrading creates a new file using the information in your existing company file, which was created and maintained with your previous MYOB product, so it can be used with the most recent version of AccountEdge. The upgrade process usually takes only a few minutes; large company files, however, may take an hour or more.

When you upgrade your file to AccountEdgeVersion 3, your original company file remains in your system in its original location. The upgraded file -- which can be used with AccountEdge Version 3 -- will be in a location you specify during the upgrading process.

If you're using AccountEdge on a peer-to-peer network, your company file is in a location that can be accessed by all workstations. Since all users are accessing the same company file, you'll need to upgrade the company file (and any other company files you may have created) only once. We recommend that the Upgrade Assistant be run on the workstation where the company file is located.

Step by step
To prepare to upgrade your current company file for use on your peer to peer network
To upgrade your current company file for use with AccountEdge Version 3


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