By adding a password it helps you to not enter data in a “closed time frame”.

In this video, you will learn how to set a closing date that will keep you from accidentally modifying data or entering in a previous period of time that you’ve already filed and don’t want to make accidental changes to.

Do you ever wonder when to set a closing date?

Once you’ve made any adjustments that your tax professional recommended and sent in your taxes, create a backup, then set a closing date to avoid any problems or headaches in the future.  

If you are a QBO User, click here for your version of this tutorial: https://canduskampfer.com/how-to-set-closing-date-in-quickbooks-online/

Timestamps:

0:00 -Intro

0:35 – Set closing date in QuickBooks

3:46 – Final Thoughts

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I’d love to hear if this inspired an “aha moment” for you and if you’re ready to set up your closing date.

Have a great week!