Procedures for closing your financial year and transitioning to the next treasurer:
Pay & record all outstanding bills (under Banking)
Complete your bank reconciliations for the financial year(s) you are responsible for (under Banking > Reconcile).
Print final reports for the old year and store them in a binder (under Reports).
Update/assign 990EZ codes (if required to file this form by the IRS) (under Tax Forms > Edit 990-EZ Line Categories).
Print the 990EZ report (if required to do so by the IRS) (under Tax Forms > 990EZ Report).
Set up the new financial year (under Financial Year > Add New Financial Year > Follow the prompts to carry over your bank balances & copy your budget).
Update your user list (those folks who have access to MoneyMinder). Add the incoming treasurer as a user. (under Account > Users)
Conduct a financial review of your books (sometimes called an audit)
Obtain a new signature card from the bank, sign it, and submit so the new treasurer has the authorization to sign checks.