Closing the Accounting Year

The MacNail construction accounting software does not force you to 'close out' a month, quarter or year. You can use whatever system you prefer.

NOTE-- In 2000, MacNail was replaced by Goldenseal construction accounting software. Goldenseal is an integrated program that includes general accounting, job costing, payroll and project billing, plus estimating and other features.

At the end of a month, quarter, or year, or if your data entry worksheets grow inconveniently large, use *New Accounting File to make a new file.

You can still keep old files handy for as long as you want.

Depending on your quantities of data, you may want to divide your worksheets into semi-annual, quarterly, or monthly worksheets (see page 118).closing out a year You will probably want to switch to a new Ledger or Logbook when you have entered 500 to 2000 lines, depending on the speed of your computer and the speed that you enter transactions (See page 215).