12: Setting A Closing Date In QuickBooks Desktop And QuickBooks Online Prevents Accidental Bookkeeping Entries In A Prior Period

When you are a small business owner or bookkeeper recording transactions in QuickBooks Desktop or QuickBooks Online, it can be very easy to accidentally enter the wrong date…especially if you are recording a lot of transactions from the past or catching up on your bookkeeping.  To make sure you don’t record any entries in a period that has already been closed, be sure to follow these steps to maintain the accuracy of your previously prepared financial statements.  This is a tip I tell my clients about and many of them didn’t know this was available.  They absolutely love it and it prevents them from entering incorrect dates.  You don’t want to be entering a date in an incorrect period…especially if the tax return for that entity has already been filed for that time frame.  Grab a notebook and listen in, I’m giving you all the details on setting a closing date in QuickBooks Desktop and QuickBooks Online… Sign up for a FREE Discovery Call to go over your unique business start-up: www.FinancialAdventure.com/Discovery Your FREE Online Virtual Bookkeeping Business Starter Guide is waiting for you: www.FinancialAdventure.com/StarterGuide Grab Your FREE guide:  5 Essential Strategies For Stress-Free Bookkeeping: www.FinancialAdventure.com/5Essentials Join Our Facebook Community:  www.facebook.com/groups/WomenBusinessOwnersUltimateDIYBookkeepingBoutique Show Notes:  www.FinancialAdventure.com This podcast is sponsored by Financial Adventure, LLC ~ visit www.FinancialAdventure.com for additional information and free resources