now that I have completed the tax return for 2005 is there any way to stop any further transaction using a 2005 date which would then screw-up my ending 2005 and beginning 2006 numbers? Thanks...jcs
Prohibiting prior years transactions
Feb 21, 2006
2 Replies
You can set a password, but anyone with the password can "screw-up" your balances.
Log in using the Administrator ID. Go to Edit, Preferences, and select the Accounting icon on the left of the dialog box. Then select the Company Preferences tab. In the bottom, towards the left there is a box to select a date. Choose the date you want the books closed from, eg. December 31, 2004. I'd leave 2005, for example, open for closing entries for the year. Enter a password. Write it down somewhere safe and/or give it to someone to keep safe. TA DAA. Nobody will be able to post entries prior to Jan 1, 2005.
Stephanie
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