QuickBooks is famous accounting software that has proved its value in recent years. However, that does not mean that people have a great time working with it. Although it provides features that make accounting tasks more manageable, it does also encounters many technical glitches. A highly common one is QuickBooks error code 80004005. The error arises when your company file gets corrupt or damaged. It also arises when you attempt to condense the company file to archive data to make more space. QB users need to understand the various causes and fixes for this error message. In this article, you'll find reasons and solutions that you can implement whenever your software flashes this error code.

 

What Does QuickBooks Error Code 80004005 Mean?

Usually, QB company file size grows after some time. As a result, it begins to consume more space. It influences the performance of the software. When you try to minimize the company file size using QB Condense Data Utility, it results in errors to your PC. It usually happens when the user does not adhere to proper instructions. You will find this specific error code which you can resolve only after understanding the various troubleshooting techniques.

 

Also Read: Facing QuickBooks Error 3371 Status Code 11118? Know how to fix it!

 

Major Causes of QuickBooks Error Code 80004005 

Many reasons trigger QuickBooks error 80004005 to occur. One of the most common reasons is the corrupt company files. Other reasons for it include the following.

• You have saved your company file in another system in the network. 
• Inadequate storage in your PC.
• The QB company files have a negative quantity.
• The Condensed Data functionality is outdated.
• Damaged QuickBooks log files.

 

Ways to Troubleshoot QuickBooks Error Code 80004005 

There are various ways to resolve this error. You can either use the QuickBooks File Doctor Tool or verify and rebuild data in QB. Their detailed explanations are given below. 

 

1- Use the QuickBooks File Doctor tool to repair company files

The QB file doctor is an effective tool that quickly repairs damaged company files. Download the tool on your system and follow the steps below. 

• Launch the QuickBooks Tools Hub and tap the 'Company File' issues tab. It is present on the left side.
• Now, tap the option of 'Run QuickBooks File Doctor.' 
• After this, click the 'Browse' button. Choose the QB company file you have to repair.
• Make sure that you have selected the 'Check your file' button. Tap' Continue.'
• Login to your company file. Hit 'Continue.'
• You'll be able to access your company file without any issues.

 

2- Start windows again in Safe Mode

The Safe mode in your computer will allow you to work without encountering QuickBooks error 80004005. Follow these steps to restart your windows in Safe mode.

• On the login screen of the windows, hit the shift key. 
• Tap the 'Restart' option from the 'Shutdown' options.
• On the startup screen, you'll see the 'Advanced Boot Options.'
• Choose the option of 'Troubleshoot.'
• Tap the 'Advanced Options.' You will get some advanced options.
• Navigate to 'Startup Settings' and tap the 'Restart' option.
• When your computer restarts, you'll view the active boot options list. Now, you can hit the F4 key. The Safe mode will get enabled.

 

3- Verify then rebuild data

You can also run verify utilities and rebuild the utilities. It will also allow you to fix this error code. In the following parts, you'll find how to run verify utilities and then rebuild them.

Run verify utilities

• Launch QB Desktop and navigate to 'File.'
• Hit the 'Utilities' button.
• Next select 'Verify Data.'
• Now tap 'OK.'
• Click 'OK' if QB Desktop doesn't recognize any issue with the company data. But if it does, you must tap 'Rebuild.'

 

Run rebuild utilities

• Navigate to 'File' and click 'Utilities.'
• Now choose 'Rebuild Data.'
• Next, click 'OK.'
• To take a backup, hit 'Save.'
• After the process ends, select 'View Results.'

 

4- Update QuickBooks

You can easily resolve various bugs by updating QuickBooks to the current version. So, whenever you encounter QuickBooks error code 80004005, update the software. Here are the steps you should follow.

• First, close QuickBooks and hit the 'Control' key.
• Press this key till QuickBooks gets opened. 
• Next, click 'Help' and then the 'Update QuickBooks' option.
• Tap 'Update Now' and then click on 'Get Updates.'
• Choose 'OK' and close QuickBooks Desktop.
• Open QB Desktop again. 
• Tap 'Yes' if you are questioned about installing new updates.

 

5- Resolve the negative inventory in company files

You will face this error when your QB company files have negative inventories. To resolve it, you should correct the negative inventories. Go through these steps to do it. 

• Navigate to the QuickBooks installation folder. 
• Now, launch the QBWIN.LOG file. 
• Go down, and see the error and the type. When you are searching for the error, you'll see transactions and entries with a negative value. 
• When you identify the error, write the invoice number and search for the same in the company file. 
• Now, make the needed modifications to the negative value of transactions and entry. 
• Lastly, save your file.
• After that, try to condense the company file.

 

Also Read: How Do I Fix QuickBooks Error 1904 [Module Failed to Register]

 

6- Rename the QBWIN.LOG 

If you are still facing problems condensing the company file, you should try renaming the QBWIN.LOG file. You need to insert OLD in the file extension. After that, you can try to condense the file. Follow these steps to do it.

• Launch the QuickBooks folder present in the C drive.
• Now, right-tap on the QBWIN.LOG file. 
• Choose the option of 'Rename.'
• Put .old at the file name's end. 

After you rename the file, you can open the QuickBooks application and attempt to condense the company file. Hopefully, you'll be able to do it. 

 

Final Thoughts

It's easy to troubleshoot QuickBooks error code 80004005 once you understand the fixes. So, read them carefully and implement them one by one. If you encounter any difficulties in employing the fixes, get in touch with QuickBooks customer support services. The experts will guide you in fixing this error message so you can start using the software.