how to close the year in quickbooks

At the end of the year, it is important to close out your QuickBooks account in order to ensure that all of your financial records are accurate and up-to-date. Closing the year in QuickBooks will help you to accurately track your income and expenses, as well as prepare for filing taxes. Additionally, closing the year in QuickBooks will help you to create a financial snapshot of your business, which can be used to make informed decisions about the future of your business.