Thursday, 3 August 2017
How to Close the Books in QuickBooks Pro
QuickBooks Keeps your accounting data around more or less permanently. The QuickBooks Pro clean up command but that has limited results. Your transaction history sticks around pretty much better. QuickBooks pro is a good things for running historical report whenever you want. However comes through the ability to add, change, or delete, entries made in a prior year- After you have already filed your company’s taxes. The Set Closing Date and password command in QuickBooks, That will more or less lock down your prior year’s information so that it cannot be altered without your controlled permission.
1:- Select the Gear icon> Company Setting/Account and Setting.
2:- Select the Advanced.
3:- The Accounting section, Click on the Edit icon.
4:- Click to mark the Closing the Books checkbox.
5:- You Enter a closing date.
The End of the financial period ensure that your accounting record and tax liabilities are locked down for that fiscal period. Close there account at the end fiscal quarter or year but this date can every depending on the company size and preferences. Your account for a fiscal period by setting your preferred closing date and a closing date password that prevents a business partner or employee from making change to your account.
You understand what is close the book and how to use it. Otherwise you want more detail or expert support for this, you can dial our QuickBooks Customer support number +1-855-441-4417. Our expert give you full attention and make it every easy for you to understand it.
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