Thanks very much Betty.
Since I haven't closed the books in my company in at least 20 years, every
transaction and every Vendor is still in my company file. Before updating
to Desktop 2019 for Mac, I had a couple of hundred vendors (many of which I
haven't used for 10 years) marked as *inactive*. After updating my company
file all vendors are active again. I thought why spend a lot of time
creating an inactive list when if I closed the books up to a date of 2012,
I could permanently delete the non used vendors. All these vendors were
paid many years ago so there would be no balances.
I may be wrong but I think if I close my books on 12/31/*2012*, non of my
current balances would change. Since all of the old vendors bills have
been paid, I thought I could then delete the vendors. Will that work? I
imagine many businesses close their books each year. I have a small
business so I stopped closing each year so I could go back a few years to
check something out if I ever needed to but 20 years is much more than I
Condensing is interesting but the size of my data file is not really a
problem and since the transactions are still saved, I thought I might not
be able to delete the inactive vendors.
Would closing the books create any problems.
Thanks so much.