How do I “Close the books” for a given month so no further transactions can be posted in new QuickBooks Online?

Accounting Close Date Setup
Accounting Close Date Setup

From the Home page screen

  • Click the Company gear in the upper right of your Home screen
  • Choose Company Settings from the dropdown
  • Click Advanced on the left
  • Click in the Accounting section (it’s at the top of the page)
  • Check the box for Close the books
  • Enter a Closing date
  • They offer 2 selections from the dropdown selector

a) Allow changes after viewing a warning
b) Allow changes after viewing a warning and entering password

  • Select One based on your accounting security need. Selection with password will protect more since password is assigned here by the admin.
  • Click Save
  • Click Done
Accounting Close Date Warning
Accounting Close Date Warning
Accounting Close Date Warning with Password
Accounting Close Date Warning with Password

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