Tag: closing the books

How to Close the Books in QuickBooks

In traditional accounting (and traditional accounting software) you ‘close the books’ at the end of a year. How do you do that in QuickBooks? Short answer: You don’t.
Right or wrong, QuickBooks keeps your accounting data around more or less permanently. You can run the QuickBooks archive/condense/clean up command (the naming of it differs across versions) [...]

7 Comments by Shannon Tucker on January 10, 2012
filed in quickbooks
tagged , , , ,

All contents copyright (c) by AccountingUsers, Inc. QuickBooks and Intuit are registered trademarks of Intuit Inc. or one of its subsidiaries. All other brands are trademarks of their respective companies.