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QuickBooks from 2001 will probably have serious compatibility issues unless your operating system is from 2001 as well.
If you have a new operating system (Windows Vista onwards) you may be able to install and run QB in compatibility mode. I have it running on Vista Professional.
Right click on the executable and select Run in Compatibility Mode and then select Windows XP from the options.
If you do not have the option to run in Compatibility Mode, you will need to update QuickBooks, or your OS or best of all, both.
If you have no luck running in CM, uninstall the program, reboot and then install the program from the disc by using the same compatibility technique. You will need to disable autorun if the program tries to install itself when you put the disc in the drive
Quickbooks runs invoice numbers in sequence. If you overwrite an invoice number (for example, QB may number an invoice number 2, and you may change it to 3), then QB will not remember your selection, and its next number will be 3. Under edit preferences, select to warn of duplicate numbers, and then you can fix the problem before finalising the invoice.
To uninstall the QB 2008 program. Click start menu then click control panel. Go to program and features icon and search the quickbooks 2008 program. Highlight it and click uninstall on top. Wait until the program will be uninstalled to your system.
uninstall the software 100% reboot the machine so the information obtained in ram is not going to interfere with new installation. using your original cdrom that came with the kit, install your quick books 2007 software register it with the original code and product id sequence numbers. when it tries to run theirs 3 things happening now. the program in initializing it;s visual c run time libraries. and well as calling the dynamically loaded libraries from the windows directory and other locations. if a program was removed that used these files and it was uninstalled with the files then it is possible you will have to install qb from scratch and use the qbw or quick books workspace file to run your company files afterwords. backup the qbw files encase of problems. this is often tell take sings of viral or system melware. then scan with your virus software. and see if anything was crashing the program. other options involve system files missing that are used. good luck.