No. Typically you do not want to remove accounting records for the prior year, from any Procare module, at least not for a while. In most cases you’ll want to retain records for the year that just ended so you’ll have quick access to the information. This is helpful when generating financial reports for your business as well as when families request end of year statements for their accounts.
At a point when you no longer need access to old accounting information the Maintenance Utility may be used to remove financial history from the specified area such as Account Ledger Cards. For example, you may wish to remove records that are more than two years old.