Yes, cwilliams3. You can export your transactions and other financial data from QuickBooks Online when closing your business to maintain records for potential audit purposes.
Here's how:
Go to the Gear icon in the top right corner.
Select "Export Data" under the Tools section.
Choose the Reports tab and set your desired date range.
Toggle the switches to include or exclude specific Reports and Lists.
Click "Export to Excel" to download a ZIP file containing your data.
You can export:
Profit and Loss Statement
Balance Sheet
General Ledger
Trial Balance
Accounts Receivable & Payable Aging Reports
Customer and Vendor Lists
Chart of Accounts
Non-posting transactions like Estimates, Purchase Orders, and Recurring Templates.