Before you convert data to a new format, or close either the payroll or fiscal year or both, we recommend that you make a separate, complete backup of your company data. Store your backup in a safe place for long-term retention.
You can restore the backup and access your company data again if for any reason
- your computer system lost data, lost power during an operation, or failed in some other manner
- you closed a payroll or fiscal year by mistake
- you need to examine old transaction detail for auditing purposes