Set a closing date and password to help your accountant review prior periods with confidence that you aren't continuing to make changes to those same periods. This limits access to transactions entered on or before the closing date. Anyone attempting to edit or delete a closed transaction is prompted to enter the password.
Enter an appropriate date in the Closing Date field. Typical closing dates are the end of the prior month, quarter, or year. Discuss this with your accountant for specific guidance.
Although not required, we recommend a password of at least 6 characters. The password can be up to 16 characters long and is case sensitive.
If you want to exclude non-posting transactions from closing date restrictions, select Exclude estimates, sales orders and purchase orders from closing date restrictions.