Closing the Books and Handling Special Transactions

Closing the books might sound daunting, but it doesn’t have to be. In the next part, I’ll show you how to wrap up your financial records each month or year with confidence. From reconciling accounts to recording year-end adjustments, you’ll know exactly what to do. We’ll also tackle some tricky situations, like managing loans, tracking petty cash, and recording delayed charges, so you’re prepared for anything your business throws at you.

This part comprises the following chapters:

• Chapter 9, Closing the Books in QuickBooks Online
• Chapter 10, Handling Special Transactions in QuickBooks Online