![]() ![]() Voiding checks without affecting a prior period To enter a closing date, select the Edit menu, choose Preferences, then Accounting, select the Accounting Preferences tab, then choose Set Date/Password and enter the closing date and password in the respective spaces. This is done so that you are notified and prompted prior to the change being posted into QuickBooks. Once this closing date has been set, any changes made to periods prior to the closing date will require a password. This should be done at the close of each year-end, after all adjustments have been made. Because of this, there are two tips I often give clients who use QuickBooks. Because it is so easy to use, transactions can be changed easily, most times without thought to how these changes may affect prior periods. However, the very thing you love about the software can also be a source of trouble for you when it comes to certain activities. ![]() ![]() ![]() It’s hard to deny how easy QuickBooks accounting software is to use. Two helpful QuickBooks tips to protect prior period data ![]()
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March 2023
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