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Sage 50 Error Loading Current Company File

Sage 50 Error Loading Current Company File

Sage 50 error loading the current company file may freeze your window or unable to do any work. The user has to fix this error by creating a new file or to restore the company backup file.

The Sage 50 error loading current company files shows the error message “Error loading current company file”. If your Sage 50 account stopped working, the company not opening, or more then you need to take the action against it to prevent data loss or application failure. Sage 50 Error Loading Current Company File occurs when the invalid company files are automatically opened. This Sage 50 Error can be solved by Removing the data files from the folder that are corrupted or damaged.

Continue Reading to Know More:

What is Sage 50 Error Loading Current Company File?

You can easily find this error on your computer. Any of these error appears on your screen

Error currently loading company file; or cannot open company

Or

The Sage 50 program has stopped working.

The program is unable to access you or is unable to open the Sage 50 Company file. Many times it happens that after updating the server the company disappears. The splash screen opens forcibly, and some data disappears after updating.

Why is Sage 50 Not Launching Company File?

Reasons that cause of company file not loading

  • If you opened the workstation in between or before the update
  • The build and the release are not the same as the backup in your system
  • The service released is not installed in all the systems
  • The company opening automatically is not correct
Developer:Sage Group
Software:Sage 50
Applies to:Windows
Error Code
Error Loading Current Company File
Error Description

Loading the Current Company file when trying to launch the program or open a company

Cause
Sage 50 Error Loading Current Company File is due to Backup being restored on the computer that does not have the same release.
Symptom Also, build and release are not the same on all  PCs on a network.
Possible SolutionRemove the data files from the folder that are corrupted or damaged

Exact Error Shown While User Facing Sage 50 Error Loading Current Company File

Loading Current Company file when trying to launch the program or open a company

Causes of Sage 50 Error loading current company file

The cause of Sage 50 Error Loading Current Company File is due to Backup being restored on the computer that does not have the same release.

To know more read below:

  • Errors occur when you try to open invalid company files automatically.
  • Other reasons are service releases are not installed on all PCs.
  • Mismatching the release and backup restore on the system.
  • Also build and release are not the same on all  PCs on a network.
  • Starting the system before completing the installation.

How To Fix Sage Company File Failed To Launch

To fix Sage 50 Error Loading Current Company File Update installed on Server but not workstation or company updated on a different computer.

To Know More Read Below:

The solution to fix the Sage 50 error loading the current company file

There are various methods to resolve the Sage error that is encountered in your Sage 50 account. So, you just need to choose the method according to the reason of the cause and get it done accordingly. The methods are as follows:-

1. Method One: Viewing and Managing the Updates on the server

Below are the steps to view and manage updates on the server:

  • Firstly close the sage 50 software.
  • Now browse the updates folder.
  • Then click the latest program updates.
  • Follow the given step to install the updates.
  • Now restart your system.
  • Open the sage 50 application in your system.
  • In the last step, select the help option and know more about sage 50 accounting updates and installation.

2. Method Two: – For opening the Splash screen

Below are the steps to open the splash screen:

  • Firstly, you have to find the Sage software icon on your system’s desktop
  • Do right-click on the icon
  • Then click on the options named Properties
  • The Properties window opens up
  • Do copy the targeted line and close this Properties window
  • Press and hold the Windows+R keys
  • It opens up the RUN window
  • Then paste the targeted line that you copied above and add the space after the line
  • Then write the ABC at the end after the space and press the Enter key from the keyboard
  • Now you can see using the splash Screen Sage 50 opens up
  • Open the current company file in the splash screen Sage
  • If still, you get the error then do check the updates

3. Method Three: Remove the data files from the folder that are corrupted or damaged

Steps to remove data files from damaged or corrupted folders:

  • In QuickBooks, go to the File menu
  • Then click on the open Company File and also remember the location
  • After this, close the application
  • Now press the Windows+E keys from the keyboard
  • Then go to the path that you remember in step 2
  • Now you need to delete the files that are- .DATtemp, STATUS.DAT, .DATptl, .LCK, .PTR, .MKD, Option.dat, .PTL, RPTDATAI.DAT, .DDF, and .RPT.

4. Method Four: You need to restore the backup

Steps to restore the file backup:

  • In this process, you have to create a backup of your file
  • After that, restore the same backup that you just created
  • Then use a different backup for the work you are doing in your Sage 50 account.

Support Troubleshooting Company File Not Loading Sage Peachtree Accounting

Sage 50 Unable to Open Company File

Solution 1. You Need to Restore the Backup

  • In this process, you have to create a backup of your file
  • After that, restore the same backup that you just created
  • Then use a different backup for the work you are doing in your Sage 50 account.

Solution 2. Check if the Database Server Is Operational or Not

  • Type ‘cmd’ and press enter to bring up the command box
  • Type “ping databaservername” at the C: prompt and Enter
  • If the message “The ping request could not locate host sql2016, please check and try again”. There could be a problem with the server, restart the database server.
  • Try Ponging by IP Address if not able to ping by name

FAQs


  1. How to create a new company in Sage 50 Accounting?

    Open your Sage account,  and select “Create a new company” from the welcome screen. Then, click on the “Name and Address” option, and the user has to write or choose the information about your company.

    Moving forward with the NEXT click. From the Date field, you have to enter your fiscal start and the fiscal data and click on the Next button.  Ensure about all related details and click on the FINISH button.

  2. How would I be able to locate the data path and program path?

    To locate the program path, enter right-click on the Sage shortcut icon.  Then, choose the  Properties option from the drop-down menu. After that, you find the blue highlighted path above the target line, minus  Peachw.exe is considered to be the program path.

    Note: If you prefer to open the File Location, then the program path will automatically open.

  3. Where are my Sage data files stored?

    Sage data files can be held in any folder or location. You find it usually on the local folder or the organization. In case, if it is local to one machine, it’s far-fetched that any other user will have the option to get to it. If you work on the network, anybody with authorization will have the option to get to it.


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