Creating new database or data file

Hello! I am using version 4 and would like to create a new database for 2016. Is there a way to bring over all of my setup (products/menus/sales tax/etc.) from the existing database but none of the transactions?

Backup current database, make new 2016 database, restore the backup and clear database transaction in new database.

Would be no need to create s new one just backup then clear transactions.

Great! But how do you clear the transactions? the only I can find is to void them…

You need database tools module or run a SQL script.