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We hope youâ€™ll be ringing out a successful financial year at monthâ€™s end. In any case, hereâ€™s what you should know about preparing for 2013.
End of the year. QuickBooks has been hard at work for the past 11+ months, recording and tracking and storing all of that financial data that youâ€™ve entered so faithfully.
But when you turn the calendar page and make a new start January 1, your accounting software could use so me closure on the year thatâ€™s just passed. Here are some actions you can take to ring out the old and ring in the new. Thereâ€™s more you can do (we can help you with the advanced activities) but weâ€™ll just hit the highlights here.
Figure 1: You can make yourself crazy looking for a nickel when youâ€™re reconciling, but itâ€™s a critical function.
Figure 2: Itâ€™s good to match up your physical inventory count with QuickBooks occasionally, and the end of the year is as good a time as any.
Figure 3: Frequent backups are critical, but you should be sure to have a copy of your entire 2012 data file stored somewhere safe.
Again, these are suggestions. QuickBooks does not require you to do any of them. Thereâ€™s more you can do, and you will need assistance with some of these. So letâ€™s set up a December or early January meeting to get you started right in 2013.
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