Open QBM File
The QBM format and extension file contains a compacted version of a single company's financial data.
These data are processed by QuickBooks, a program that allows companies to track their finances.
A brief overview of QuickBooks
QuickBooks products are primarily geared toward small and medium-sized businesses and offer on-premises accounting applications as well as cloud-based versions that accept business payments, manage and pay invoices, and payroll features.
QuickBooks was developed by the Intuit company.
QBM file function
The QBM file is used to temporarily move the financial data of the company, either through email or using an external storage device.
It is important to note that QBM files are not intended to be used as backups, as they only support the financial data of the company, and not the entire data.
However, given the portability of the QBM file, they can eventually be used to restore company data.