If you're seeing the "Hole Wizard and Advance Hole Database is not the expected version" warning after upgrading SOLIDWORKS to a new version, this issue typically stems from an outdated Toolbox database.
Quick Fix Steps:
Backup: Create a copy of your entire SOLIDWORKS Data folder (C:\SOLIDWORKS Data)
Database Update: Run UpdateBrowserDatabase.exe as administrator from C:\Program Files\SOLIDWORKS Corp\SOLIDWORKS\Toolbox\data utilities folder
Toolbox Content Update: Run sldtoolboxupdater.exe as administrator to update engineering standards
Verification: Check that the file path is correct in SOLIDWORKS via Tools > Options > System Options > Hole Wizard/Toolbox
By following these steps, you can resolve Toolbox compatibility issues. For a detailed guide, check out the main article.