Hello jessebutler907,
I'd be pleased to help you out!
Here's how to close the books:
- Choose the Gear icon and select Company Settings.
- Choose Advanced.
- In the Accounting section, click on the Edit icon.
- Check the box labeled Close the books.
- Enter a closing date. Transactions dated on or before the closing date cannot be changed without warning.
- Decide what you want users to see if they try to save a transaction that is dated prior to the closing date:
- Choose Allow changes after viewing a warning to make a warning message appear.
- Choose Allow changes after viewing a warning and entering a password to require the user to enter a password as well. Then enter the password in the fields below.
7. Click Save, then Done.
If you have other questions, don't hesitate to reach out!
For more information on taxes, forms, filings, payroll and other Year End activities, make sure to check out our Year End Resources page.
