In this section, we will cover the steps you need to take to close the books. This will include how to make and adjust journal entries for depreciation, amortization, and inventory. You will also run a trial balance report and learn what QuickBooks does behind the scenes to close the books for the year.
This section comprises the following chapters:
- Chapter 17, Closing the Books in QuickBooks Online
- Chapter 18, Handling Special Transactions in QuickBooks Online