Summary: In this episode I walk through the process of backing up and restoring your QuickBooks data. I also take a look at the Portable Company File which is similar to a backup. You should take great care in developing a good backup strategy for your QuickBooks file. The built-in backup and restore functions are pretty good and well thought out, but it tends to scare people because there is a lot of information and instruction included along the way. It's important to understand this process fully because it's one way that you will be transferring information back and forth with clients or accountants and you really don't want to mess up and lose all of your data! Hopefully by watching this I can help those people that are unsure of how to make a backup because it is so important to have a backup so that you don't lose all of your data to a computer catastrophe. I mention the Intuit QuickBooks Online Backup Service too, but I have never used it. If you have any experience with it, please let me know in the comments section on the website.
