The QuickBooks company file is the most important, primary data file that the QuickBooks software accesses and uses to carry out its functions every day. Your QuickBooks company file is created on the date you install QuickBooks into your host system and log in all the essential details. In all the activities QuickBooks performs for your company, the company file plays a major role, in providing settings and records, maintaining logs and records, to name a few. Therefore, while using your QuickBooks software to carry on with the regular bookkeeping facets of your company, you certainly wouldn’t want to run into a QuickBooks Error 1603.
QuickBooks Error 1603 basically indicates that your QuickBooks application is not being able to access your QuickBooks company file or use it as required. This problem can usually manifest in a different number of ways, with the most common ones being that your software just doesn’t start, to when it performs any function in the wrong or incomplete way. With your software not being able to access your company’s data file, QuickBooks will not be able to provide its full range of features, nor carry out important calculations, logging and record keeping.
The most basic and root cause of QuickBooks Error 1603 is normally that your Company File’s been deleted or moved to a different location. In this case, it is important to restore it to its original location or else specify a new file – path for QuickBooks to access your company file. Another reason this error shows up is that your company file in QuickBooks might have become corrupted or ruined. This might have happened due to incorrect use, or some external, malicious source. You can tackle this by using a tool like QuickBooks file doctor to restore or repair your QuickBooks company file.