How do you set the closing date?

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Study for the QuickBooks Certified User (QBCU) Exam. Prepare with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

Multiple Choice

How do you set the closing date?

Explanation:
Setting a closing date locks your books through the chosen date, preventing edits to transactions up to that point to protect the integrity of prior periods. In QuickBooks, you do this by going to the Company menu and selecting Set Closing Date. Enter the date you want to close and optionally set a password so changes before or on that date require that password. The other paths listed aren’t used in QuickBooks to set the closing date, so they won’t achieve this function.

Setting a closing date locks your books through the chosen date, preventing edits to transactions up to that point to protect the integrity of prior periods. In QuickBooks, you do this by going to the Company menu and selecting Set Closing Date. Enter the date you want to close and optionally set a password so changes before or on that date require that password. The other paths listed aren’t used in QuickBooks to set the closing date, so they won’t achieve this function.

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