Discover how to stop other QuickBooks users from creating any adjustments prior to the accounting period employing a closing date and closing date password. You do not have to close books as part of year-end procedures in your QuickBooks Desktop. Nonetheless, it lets you limit access for a closed accounting period. For that, you need to establish a closing date and closing date password. You can save your time and effort by getting help from the certified Intuit QuickBooks ProAdvisor.
But if you want to learn more about QuickBooks Closing Date and Closing Date passwords or how to set them manually, keep reading this article.
Set Closing Date Password
When you set up a closing date password for your QuickBooks, it will start requesting the password each time anyone attempts to save any changes. These changes are what most people are concerned about as they can modify the balance of the closed accounting period. You will be required to enter the password for adding, deleting, or editing transactions within the closed interval.
It is possible to change the closing date password in the future if you want. You can easily get rid of the closing data password by logging in as the Administrator of the QuickBooks Company file. You can change the password if you lost it or forgot it.
- Login to Intuit, with your Intuit credential. Or login to the QuickBooks.
- Go to the Edit menu, click on Preferences.
- Now, click on Accounting.
- Go to Company Preferences, choose Set Date/Password.
- Select the closing date.
- Now, enter the closing date password.
- Click on OK to close the Set Closing Date and Password screen.
- Click on OK to close the Preferences screen.
If you want to remove the closing date password:
- First of all, log in as the QuickBooks Admin.
- Get rid of the encrypted password in the Set Closing Date & Password.
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