First you need to verify if you have access as an admin to the directory while installation or updating, error may be caused by an issue with the CD-ROM or the CD.  It may also be caused by a damaged .NET component.

Troubleshoot this Error.

Please follow these instructions to copy the installation folders from the CD to the hard drive and install QuickBooks using the copied files:

Copy the installation files from the CD to the hard drive:

1. Insert the QuickBooks CD into the CD-ROM. If the installation starts automatically, click Quit in the lower right corner.
2. Right-click the Microsoft (R) Windows (R) Start button and select Explore.
3. Before copying the installation files, create a new folder in a convenient location (for example, on the desktop) on the hard drive to copy the files to:

1. Create a new folder on your desktop by selecting Desktop in the left pane of the open window.
2. With the location selected in the left pane, choose File then choose New and select Folder.
3. When the new folder appears in the right pane, type a name for that folder, such as "QuickBooks."

1. In the left pane, browse to and right-click the QuickBooks CD and select Explore.
2. In the right pane, locate the QBooks and Third Party folders, and thesetup.exe file.
3. Press and hold the Ctrl key and select both folders and the file.
4. Right-click either of the highlighted folders and select Copy.
5. Browse back to new folder you created in step 3.Right-click that folder and select Paste. (It may take a few minutes to copy these folders from your CD to your hard drive.)

If you receive an error while copying these files, there may be an issue with your CD-ROM or the CD itself.than you should contact Quickbooks Technical Support

Please follow these steps to install QuickBooks from the folders you copied to your hard drive:

1. Open the new folder you copied the files to in the steps above.
2. Double-click the setup.exe file (or setup if you do not view file extensions) to start the installation.

1. Follow the onscreen instructions to complete the installation

If you are still not able to resolve this error, call our Technical Support at 1-844-887-9236

First you need to verify if you have access as an admin to the directory while installation or updating, error may be caused by an issue with the CD-ROM or the CD.  It may also be caused by a damaged .NET component.

Troubleshoot this Error.

Please follow these instructions to copy the installation folders from the CD to the hard drive and install QuickBooks using the copied files:

Copy the installation files from the CD to the hard drive:

1. Insert the QuickBooks CD into the CD-ROM. If the installation starts automatically, click Quit in the lower right corner.
2. Right-click the Microsoft (R) Windows (R) Start button and select Explore.
3. Before copying the installation files, create a new folder in a convenient location (for example, on the desktop) on the hard drive to copy the files to:

1. Create a new folder on your desktop by selecting Desktop in the left pane of the open window.
2. With the location selected in the left pane, choose File then choose New and select Folder.
3. When the new folder appears in the right pane, type a name for that folder, such as "QuickBooks."

1. In the left pane, browse to and right-click the QuickBooks CD and select Explore.
2. In the right pane, locate the QBooks and Third Party folders, and thesetup.exe file.
3. Press and hold the Ctrl key and select both folders and the file.
4. Right-click either of the highlighted folders and select Copy.
5. Browse back to new folder you created in step 3.Right-click that folder and select Paste. (It may take a few minutes to copy these folders from your CD to your hard drive.)

If you receive an error while copying these files, there may be an issue with your CD-ROM or the CD itself.

Please follow these steps to install QuickBooks from the folders you copied to your hard drive:

1. Open the new folder you copied the files to in the steps above.
2. Double-click the setup.exe file (or setup if you do not view file extensions) to start the installation.

1. Follow the onscreen instructions to complete the installation

If you are still not able to resolve this error,Visit our Intuit Quickbooks Technical Support or call at 1-844-887-9236

Author Name is Ajay Kumar And i am member of Quickbook Technical Support.So i can say that Quickbooks Technical Support helps QuickBooks clients to spare time by requiring our administrations on an all day, every day premise, so that valuable business hours of our clients are not lost with programming issues and redesigns. QB Technical Support helps you resolve all your QuickBooks related issues to guarantee smooth business operations. Clients can benefit our administrations by calling our Toll Free numbers.