Checklist for Clean Books
Keeping your business’s books clean all year long can help to provide more accurate financial statements and reports as well as an easier tax time. Here is a checklist of activities to perform periodically to keep your books clean.
Make sure all bank accounts are reconciled.
Make sure all credit card accounts are reconciled.
Update year-end inventory balance, if applicable.
Review liability accounts and balance statements.
Check for any old, uncleared items in the bank and credit Read more [...]