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Year End in QuickBooks software

With the end of 2010 coming to an end, I thought it would be appropriate to say a few words about how to wrap up your QuickBooks for Year End. Did you know that in the QB help menu there is a link to the QB Year End Guide. This guide will give you a checklist of tasks that need to be done as well as links to the help menu to help you accomplish these tasks. Some common year end tasks are:

-Reconciling all bank and credit card accounts

-Physical Inventory

-Printing Financial reports

-Archive and backup your data

-Print 1099′s and W-2′s

Be sure to go to Help> Year-End Guide in your QuickBooks software for more information. As always, don’t hesitate to contact us if you need any assistance.

Happy New Year!!

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