You can close the year any time during these periods. Clients & Profits Pro lets you work up to twelve months (periods 13-24) before closing. Clients & Profits Classic gives you three months (periods 13-15) to make year-end adjusting entries before closing the year. Both Clients & Profits Classic and Clients & Profits Pro support two accounting years. Because Job Tracker doesn't have a General Ledger, The user-interface is different, but the fundamental process is identical in Clients & Profits X and Clients & Profits 5.x. Is the year-end closing process different ![]() If you have a question about closing the year that's not covered by this FAQ, please let us know via the feedback form at the bottom of this page or by contacting the helpdesk. However, the information provided by the helpdesk will reflect what is already written in this FAQ. The C&P Helpdesk can offer guidance and advice aboutĬlosing the year if needed. Can someone walk me through the year-end closing As well, please read the question below about what procedures to perform before closing the year. A 15-minute online tutorial explains the entire year-end closing process, including how to prepare to close the year. But preparing for year-end closing is a different story - and something that Clients & Profits can't do for you. If you're prepared, closing the accounting year in Clients & Profits is easy: just run the Close Year tool in the General Ledger > G/L Tools and C&P does the rest. Versions of C&P, I could enter beginning balance Need to make an adjustment to an invoice from last What's wrong?ĭo I make post-closing adjustments to the priorĭo I know my account balances are correct after Should I do if the close year process is interrupted orĪctually happens when Clients & Profits closesĪ message that I can't close the year. Long will the year-end closing procedure take?ĭo I know that the year was successfully closed?Īre there any final steps to prepare the database for data entry and running reports after closing the year? I have to print my 1099 reports prior to closing? I post time cards and time sheets in the new year Reports should I print before I close the year? What procedures should I perform and which What happens to newĭon't use Clients & Profits for accounting. ![]() I have to close the year on the first day of the new There a year-end closing procedure in Job Tracker? The year-end closing process different in old versions Clients & Profits? Someone walk me through the year-end closing process? That's Clients & Profits.Frequently-asked questions about closing the accounting year ![]() ![]() And share your photos with beautiful web journals, slideshows, prints, and photo books that you create. Add effects like Black and White or Drama to get even more creative with your shots. Use simple yet powerful tools like Auto‑Enhance and Brushes to refine your images. You can organize your pictures with tags and quickly find them with advanced search filters. It’s the picture-perfect way to do more with your pictures. We're pleased that you've chosen to run your business with Clients & Profits, and hope that we've been an valuable partner in your shop's success - and look forward to even making Clients & Profits an even better investment in the coming year.
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