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Our firm welcomes and supports all users of QuickBooks software.  As QuickBooks Certified Advisors, we are able to provide you with the highest level of support.  Our support includes:

On site assistance with set-up, training and maintenance
Back office use of the QuickBooks system for your business
Training for the business owner and staff
E-mail and phone support

This months QuickBooks topic from www.quickbooks.com

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Year End

Q: What are QuickBooks year-end procedures?

A: QuickBooks is one of the few accounting programs that does not require you to close your books.

QuickBooks makes some automatic adjustments to your books at year-end, and even though you don’t have to close your books you can still protect that data. In QuickBooks 99 and later, there is a new password/permissions system that is also used to protect last year's transactions.

Advantages to not closing your books:
Detail: You always have easy access to last year’s data, including the details of every transaction.
Reporting: You can create comparative reports between this year and last year.

Additional Notes:
For additional information on year-end tasks, check the index of the on-screen Help and the User’s Guide for periodic tasks.
For depreciation of fixed asset instructions, check the index of the on-screen Help and the User’s Guide for depreciation.
For adjustments that transfer money from one income or expense account to another, check the index of the on-screen Help and the User’s Guide for general journal, entries.
For transaction passwords, check the index of the on-screen Help and the User’s Guide for passwords, closing books or period, or passwords, transactions.
For yearly tax forms, check the Users Guide for tax forms

 

 

 

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Last modified: January 07, 2001