Manage Customers and Income

Welcome back, chasingmoore.

You can create a Journal Entry to close out your invoices from last year. Doing this prevents changes in your 2019 books.

To get the best option on what kind of entry you need to make, I recommend consulting with an accountant to be sure. They'd be able to give you the best accounting advice for your unique business.

Here's how to create a Journal Entry:

1. Go to the + New icon.
2. Select Journal entry.
   
3. Fill in the necessary information.
4. Select Save and new or Save and close.

Here's an article that can provide more information about Journal Entries in QBO.

In case you want to review the entries made, you can pull up or print a report for Journal Entries.

To do that:

1. Go to the Search icon then choose Advanced Search.
2. Filter your search to Journal Entries. Add additional filters such as Reference no., as necessary.
3. Select Search, then choose the desired Journal Entry.
4. Select More, then choose Transaction journal.
5. To print, select the Print icon in the upper right of the report.
   
   

If you have additional questions, please don't hesitate to ask. I value the success of your business. Have a good one.