Starting a New Year

[k landscaping]

I just closed out my qb pro for the 2006 year, when starting 2007, do i have to re-enter all my customer data and banking information.

[suzannemead]

I don't know what you did to close out 2006, but you aren't supposed to do anything. QB takes care of closing out the income & expense accounts so you will start with a zero balance in those accounts for the new year. The only accounts that carry a balance forward to the new year are the assets, liability and equity accounts. If you entered anything tyourself to bring the income & expense accounts to zero you should undo it.