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What is Sage 50 Error loading company file & How to Fix It?
Sage 50 is an accounting software used by most of the middle and small industries globally. It is an user-friendly software that will was formerly known as Peachtree Accounting. This business management software is a subscription based merchandising solution which helps in cash flow management, bill payment, etc.
Sage 50 will help you managing your finances but there are occasions where your software may crash due to some technical error like “loading company file”.
There are other common errors to which you may encounter while working in Sage 50 accounting software like, Sage 50 Error 0057 REL 2013.2, Sage 50 Error 1603 or Sage 50 Error Connecting to Database. To resolve them follow the solutions recommended by Sage professionals
Causes of Error “Loading Company File”
You will encounter this Sage error when you are working on Sage 50 U.S. Edition. Your system may crash or your software will stop working. You cannot run any program or any file. You may also loose some data when your system crashes.
You will receive following error message which states:
Error: “Loading current company file” when trying to launch the program or open a company.
The causes for this errors are:
- Some invalid company is trying to automatically open your file.
- Computers installed in a network may not have the same build or release.
- You might have not installed the service release in all systems.
- You are trying to open workstation before installing updates.
- You may have stored the backup on a different system who does not have same release or build as the system that had created backup..
Solution of Sage 50 Error Loading Company File
To resolve sage 50 error loading company file, You need to follow the mentioned below steps:
Total Time: 10 minutes
Step One
Run Sage software on your system.
Step Two
Install the updates on your server as well as workstation.
Step Three
Force open your Splash Screen.
Step Four
Restore all your backup data on your system.
Step Five
Delete all your damaged data files which exist in your company data folder.
Step Six
Close Sage and restart your system.
Step Seven
Check whether all the update are installed correctly.
The solution mentioned above is recommended by Sage experts. If this error still persist while you are running your Sage 50 accounting software then you should seek help from Sage customer support.
Need Professional Help?
If you get stuck anywhere in the process, feel free to get in touch with SMBAccountants Team, Which is available 24/7.
Related Topics
Further Reading
- Sage 50 Accounts Essentials
- Sage 50 Data Conversion Error
- Sage 50 Error Code 1721
- Sage 50 Error loading company file
- Sage 50 Construction Accounting Customer Support Phone Number
- Sage 50 Installation Problems
- Sage 50 Manufacturing Accounting Customer Support Phone Number
- Sage 50 2018 Canada Version
- Sage 50 Error Messages
- Sage 50 there was a problem activating