The Book-keepers Forum (BKF)

Post Info TOPIC: Year End on Quickbooks Pro 2008 and Premier 2008


Expert

Status: Offline
Posts: 1991
Date:
Year End on Quickbooks Pro 2008 and Premier 2008


Hi Everybody,

I was wondering if someone could help me.  I use Quickbooks Pro 2008 and also Premier 2008 for someone else, I need to do year end and wanted to know if like SAGE instants when you press the year end button it automatically does the year end and then starts with the new financial date ie say for instants 1st April.

I know when you do a VAT return it automatically sets a Closing date although this does not effect any of the balances in say either the Creditor or the Debtors list.
All it does is pop up when you enter a transaction before this date and says this could effect previously Filed VAT return!

I use SAGE instants V12 and V10 and when you press the Yr end button it automatically adjusts all the balances and send them to the P & L of the Bal sheet.

With Quick books I am showing a whole list of say Creditors with outstanding balances relating the yr end just gone.

Hope that all makes sense!!

Any help would be much appreciated.

Kind regards
M x

__________________

Amanda



Senior Member

Status: Offline
Posts: 200
Date:

When you do a year end you should have your Debtors and Creditors as outstanding. This is correct.

__________________
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.

Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About