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vshaffer1
Level 1

My CFO is wanting to close the books monthly. Do I do that the same way I would for the year? Just keep changing the date?

 
1 Comment 1
Erika_K
QuickBooks Team

My CFO is wanting to close the books monthly. Do I do that the same way I would for the year? Just keep changing the date?

Yes vshaffer. You can close the books monthly in QuickBooks Online (QBO) in a similar way to how you would for the year.

 

The process involves setting a closing date and a password to lock the completed transactions. By doing this each month, you can ensure that no one can modify the data for that period.

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Additionally, I've included these articles to guide you through changing your closing date and password, as well as closing your previous fiscal year and preparing for the new one:

 

 

For any follow-up questions about closing your books, drop a comment below. Our Community experts are readily prepared to offer support and guidance.

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