Hello there, @etasura.
Currently, there's no option to archive your data in QuickBooks Desktop. You can condense your data file and the close transactions will be converted to journal entries.
However, you can create a company file from your existing company file, start your fiscal year so that you won't have do it again.
From there, the Chart of Accounts lists will be saved. The balance and old transactions will not included. Let me show you the steps on how you can do it.
For your future reference, you can read this article: What's new in QuickBooks Desktop for Windows 2019.
If there's anything else I can help you with, feel free to comment or post again here in the Community!