Sage 50 Error Loading Current Company File

Sage 50 accounting software is that helps bookkeepers and accountants in recording and a firm’s financial exchanges. It is one of the invaluable resources for modern and developed businesses. Sage 50 is very effective in reducing the costs of accounting and helps you to make the best financial decision. But sometimes every user gets an error using any accounting software and gets frustrated from it. 

Similarly, while utilizing the Sage bookkeeping software, many customers may face a series of errors one of which is ‘Error loading current company file’ on their computer screen. The specific error shows that Sage 50 has stopped working. This could likewise imply that your computer system can’t open the company files and company files could be lost after a server update. Before fixing the Sage 50 error loading the current company file it is significant to know the reasons, causes, and consequences of the error.  

Related Article: Sage 50 Not Working

Why is Sage Showing Errors While Opening the Company File?

Reasons That are Responsible for Company File not Loading and Opening in Sage 50 Software

  • It mainly happens when the service released is not installed timely in all the systems 
  • Due to automatically company opening which is not appropriate and hence causes the error in Sage 50 software 
  • Due to distinctive build and release that back-up in your computer
  • When you use your workstation before or during the update

Causes that are Responsible for Company File not Loading and Opening in Sage 50 Software 

  • This error mainly arises when you attempt to open irrelevant and inappropriate company files automatically 
  • When you start your system or start using other applications before completing the installation process
  • Build and release both are different from each other on all computer systems on a network 
  • Another cause is that the services releases are still not installed in all the computer systems 
  • The release and backup is not matched which is saved on your computer system 

How does Sage 50 Error Loading Current Company File Resolve?

Sage 50 error loading current company file can be resolved easily by following the solutions that are mentioned below: 

Solution 1: Go to Splash Screen Sage 

  • In the very first step, you need to search the Sage software icon that you will find on the system desktop
  • Then, you have to right-click on the icon to open the options box where you have to select the Properties
  • When the Properties window open on your screen, then you have to copy the targeted line and close the window 
  • Now, you need to hold the Windows + R keys to launch the Run window 
  • After this, you have to paste the copied targeted line and enter the space after the line ends 
  • In this step, you have to type the ABC in the end space of the line and hit the Enter button 
  • After performing the above steps, the Splash Screen Sage 50 is visible on your computer screen
  • Then, you need to go to the current company file under the splash screen Sage 
  • After performing this, if an error still exists then go to the appropriate settings where you can check all the pending updates if it is.

Solution 2: Restore the backup 

  • When you have to start the process, you need to take backup of your all necessary files 
  • In the next step, you need to save the same backup again that you have just created 
  • After this, you should use a different backup for the task you are working on in your Sage account. 

Solution 3: Install the latest Updates

  • In the first step, you have to shut the Sage 50 software 
  • In the second step, you need to search for the updates folder 
  • In the next step, you have to pick the latest program updates option 
  • Then, you have to follow the mentioned step to install the pending updates 
  • After installing, you have to reboot your system 
  • When the system starts again, you have to go to Sage 50 software 
  • In the end, you need to choose the help option to get more details about Sage 50 accounting updates and installation.

Also Read: Sage 50 Installation

Solution 4: Remove the Junk from the Data file

  • Initially, you have to click on a File 
  • Secondly, you need to go to your Company and type the company file location 
  • Then, you have to remove all running programs 
  • After removing, you need to press the Windows + E keys 
  • After performing the above step, it will take you to track the directory 
  • Now, you have to delete all unwanted files from your computer system 
  • .DDF (All files)
  • .LCK (All files) 
  • .PTR (All files)
  • .RPT (All files)
  • .PTL (All files)
  • DAT (If available)
  • .MKD (All files)
  • dat (If available) 
  • .DAT (All ptl files)
  • .DAT (All temporary files)
  • In the end, you have to visit the company file and then confirm whether an error exists or not in your Sage 50 software. 

Solution 5: Make a new Data Folder 

  • In this, you have to make a new cleaned data folder and flexible file cleanup apart from damaged files 
  • Then, you need to go to your company file to verify the existence of errors in Sage 50 software.

This article provides all the necessary details that you need to know to solve the Sage 50 error loading the current company file. Mostly it occurs due to corrupted or damaged company files and pending updates. You can fix these issues easily by performing the above steps. If you are unsuccessful in solving the error then you can make it successful by contacting Sage 50 experts or you can visit the 99Accounting.com website for more details. You can read the other blogs as well to solve different kinds of errors when it occurs in Sage 50 software. 

FAQ’s

How Can I Search for the Sage 50 Latest Updates?

You can search for the latest updates when you download the latest service release and new tax updates and save them in your updates data folder. For this, go to the Check for updates option and install all the latest releases and services.

How can I Remove the Damaged Data to fix the Sage 50 Error Loading the Current Company file?

Go to the File and open the Company. Then add the location of the file and close all the running programs and now press Windows + E keys. Track the directory and delete all the unwanted files such as PTR (All files) .RPT (All files), .PTL (All files), DAT (If available), .MKD (All files), etc.

How Does the Workstation Cause Error Loading Current Company files in Sage 50 Software?

When you open the workstation during running or before starting the update then, generally Sage 50 shows an error in opening current company files and causes various problems while operating the software.