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Why should I create backups of my company file?

https://quickbookhelpdesk.com/blog/fix-corrupted-company-files-quickbooks-2/

Regular backups protect your financial information and allow you to restore your data if a company file becomes damaged or unusable. A corrupted QuickBooks company file can disrupt your accounting activities, but it does not always mean your data is permanently lost. In many cases, file corruption results from unexpected shutdowns, damaged storage devices, software conflicts, outdated systems, or interrupted updates.

How can I prevent QuickBooks data loss in the future?

https://quickbookhelpdesk.com/blog/restore-quickbooks-backup-file/

Create regular backups, keep QuickBooks updated, protect your computer, maintain healthy storage devices, and shut down your computer properly to reduce the risk of losing important financial data. Losing QuickBooks data can disrupt business operations, but in many cases, your financial records can be recovered successfully. Whether the issue is caused by accidental deletion, corrupted files, hardware problems, or software conflicts, several recovery methods are available to restore access to your company information.