We've done it both ways.  Like you, holding off until the accountant gives us any adjustments, or closing the year as knowleggebase says. If you close the year before the adjustments, my experience has been that not all reports can be "rolled back" a period to reprint the final reports for December after the adjustments have been made because some pull from the current balance, current activity, current year, which is sitting in the new year for January.  You cannot really finish January either because not all January balances will be correct if there are any December adjustments yet to be done.  In my opinion, I'd rather wait for the adjusting entries and not close the year so that all reports in all periods give the correct information.

I kept the GL open until I could make the adjustments.  I did close AP, AR and Job Cost though.  So entries could post automatically.  Was this a bad idea?

It wasn't a bad idea and you should be fine. 

It wasn't a bad idea and you should be fine.