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Quicken doesn't require or recommend that you archive or close out your data file at the end of the year. In fact, not archiving your data at the end of the year lets you run comparison reports on income and expenses from previous years. Year-end backups were a standard process back when floppy drives were a common backup device and their size limitations meant that it was best to store a year at a time. We still provide this functionality, but it is no longer necessary or encouraged. |
To create a year-end archive:
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