How to Close Books in QuickBooks Desktop and Online?
Many businesses struggle to complete their tax-filing and accounting process at the end of every fiscal year. Working with tax preparers can take additional time to get the work done. Small companies might not understand the reason for closing books. Locked down closing can create confusion and frustration. QuickBooks is a practical accounting application and it has a closing date password feature. Using the password, you can change the prior year’s data easily. It prevents you from entering data into the wrong year.
There are a few simple and easy steps you can use to close the prior year’s books and send them to your accountant. In this article, we help you learn how to close books in QuickBooks. For any help dial 1.855.738.2784Read More »How to Close Books in QuickBooks Desktop and Online?
Edward Martin is a Technical Content Writer for our leading Accounting firm. He has over 10 years of experience in QuickBooks and Xero. He has also worked with Sage, FreshBooks, and many other software platforms. Edward’s passion for clarity, accuracy, and innovation is evident in his writing. He is well versed in how to simplify complex technical concepts and turn them into easy-to-understand content for our readers.