Setting a Closing Date and Password

Congratulations—after all this work you now have a properly set up data file that matches the balances from your accountant or prior financial software.

The next and final step is to protect your work from users making changes to the transactions by setting a closing date password. Although modifying and adding transactions to prior dates can provide great flexibility in getting the file ready for tax time, this flexibility can be disastrous, potentially wasting all the effort that has been put into ensuring the numbers are correct.