Once a Quicken New Year file is created, your current data file will include only transactions that occur after the date you specify (usually the first of the year) while retaining all investment and unreconciled transactions. If you use Quicken Home & Business, all unpaid transactions are saved as well as invoices linked to payments that fall within the new date range.
Before creating New Year file, you must reconcile all accounts, otherwise all unreconciled transactions created before the date you specify for Quicken New Year file will not be split off.
Start the New Year File Process
- Click on File menu, File Operations.
- Select Year End Copy.
- Select Start New Year and click OK.