Solutions for Sage 50 Cannot Create New Company

Sage 50 has many different features, and one of them is creating a new company, but sometimes you face uncertain errors that are unable to create the new company. Sage 50 cannot create a new company when the user is trying to create a new company file in a network drive that does not consist of a connection manager. Keep reading this article to know more about Sage 50 accounting is unable to create the new company database including causes and steps to fix it.

The exact error is shown…

 “Sage 50 Accounting is unable to create the new company database”

Causes for Sage 50 Not Being Able to Create a New Company

With the Sage 50 software, the user can create a new company file if the old company file has been corrupted.

• The New Company is being Saved in a Folder Where the user rights are restricted
• The Encryption of the Location of the File has been turned On
• The Dot Net Framework 3.5 sp1 is corrupted
• The Company File is in a Cloud Storage, and the User is trying to Create it in a network drive that does not contain a Connection Manager
• The Creation of the New Company File is being blocked by an Antivirus.

Similar Topic: Fix Sage 50 Cannot Open The Company Database

Solutions to Fix the ‘Sage 50 Cannot Create a New Company Database’ Issue”

Sage 50 cannot create a new company database can be solved in many ways, one of them is to create a new folder under the C-Drive.

Solution 1: If the Company File is Located in the Network Attached Storage, or Cloud or the External Hard Drive

• The User Has to Change the Location of the File to a local drive because Sage 50 Accounting will not work on these Devices.
• The Server Should Have the Connection Manager Installed.

Solution 2: If the Data is Stored on a Server

• Store the Data on a Shared Folder Set by the Administrator if the Data is Stored on a Server

Solution 3: The File is being Created Locally or in a Shared Folder on the Server

• Add the Chart of Account after Saving the Company in the Local Hard Drive
• Initially Create a New Company again without the chart of Account 

Solution 4: IPv6 Settings

•  Open the Control Panel, Administrative Tools, Event Viewer
• On the left side of the screen, select Applications, under Windows Logs, In the event viewer
• Open up the Warning and then look for a red Warning about MySQL

Solution 5: Antivirus and Firewall Settings

• Disable the Antivirus / Firewall Auto Protect

Similar Topic: Sage 50 Company File Check and Repair Tool

Solution 6: Run Software as Administrator

• Select Run as Administrator by Right Clicking Sage 50 Software

Solution 7: The file location is encrypted

• Select Decrypt, by Right-clicking the file location 
• The file should be created in a non-encrypted location

Solution 8: Create a New Folder Directly under the C Drive

• Go to the C drive and select New Folder, In Windows Explorer
• The Folder Should be Given a Name
• The User has to Start the new company wizard when ready to name the company file
• Enter the name of the company file from the newly created folder.

Solution 9: Change the Region/Language Setting in Windows.

• Change the settings to Canada/English, reboot the PC, then try creating the company again, If the Region/Language settings in Windows are in a foreign language
• Windows Start, Control Panel. Select Region and Language.