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Deadwood Al
October 10, 2024
Solved

Monthly close

  • October 10, 2024
  • 1 reply
  • 0 views

I have searched for Close, Period Close, Monthly Closing, etc. and I only find something about the year-end close. Is there any documentation / articles or whatever from QB regarding closing a period other than annual? I guess I just don't know what terms QB uses to allow searching for information from them.?????

 

Any help is appreciated. Especially on what terms YOU used to find something!!!!!

Best answer by Rainflurry

@Deadwood Al 

 

No workaround needed, the functionality is built in.  Just go to Edit > Preferences > Accounting > Company Preferences > Closing Date > Set Date/Password.  You can lock it as of any date.  

1 reply

Candice C
Candice C
October 10, 2024

Good afternoon, @Deadwood Al. 

 

It's great to see you back in the Community! 

 

I can see how beneficial this could be for you and your business. However, there isn't an option to close your books every month only annually. 

 

Check out this guide for additional details about closing your books within QuickBooks Desktop. 

 

Moreover, I'll make sure to submit your feedback to our Product Developers so they can consider adding this as a feature in the near future. 

 

I hope this helps answer your questions. I'm only a post away if you need me. Take care! 

D
Deadwood AlAuthor
October 10, 2024

Can't say that I'm totally surprised by this, but it IS a major failing from Intuit / QB. Every software system I've worked with has the ability to lock a fiscal period (month) to prevent unauthorized people from inadvertently (or intentionally!) making entries into a prior period.  I did send a scathing feedback to QB. I guess not surprising since all (or nearly all) of the design crew must never have worked in the real world where closing a period was common and an expected function of the system in use.

 

So users ... not "team members" who have never worked in the real world ... does anyone have any workarounds that they use to attempt to prevent unauthorized prior impacts?

Rainflurry
RainflurryAnswer
October 10, 2024

@Deadwood Al 

 

No workaround needed, the functionality is built in.  Just go to Edit > Preferences > Accounting > Company Preferences > Closing Date > Set Date/Password.  You can lock it as of any date.  

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