The Start a New Fiscal Year windows allow you to complete the necessary steps to close the previous fiscal year and begin the next fiscal year. Eight windows guide you through the process of starting a new fiscal year.
The seventh window in the process allows you to prevent unreconciled journal entries from being purged from your AccountEdge company file. This allows you to continue reconciling your accounts in the Reconcile Accounts window in the new fiscal year.
We recommend that you select only those accounts that you reconcile.
Note: When your fiscal year should be closed
Caution: Make a backup before closing the fiscal year