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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
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. |
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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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