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Checklist: How to Get Your Accounting Ready For End of Year And Tax Preparation

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As the end of year approaches you might be overwhelmed just thinking about getting your books in order. Here is a checklist to get started.

  • Very important to file and save these for accounting purposes. Be sure to copy your thermal receipts as they tend to fade.  
  • If petty cash or cheque vouchers had been used they must be attached to the bill for reference to keep track of the payment method.
  • Both credit card and other bank statements that pertain to the business must be filed on a monthly period. 
  • Very important for monthly bank reconciliations.
  • This is required to keep up-to-date with tax payments.

You are all set to completing your accounts!

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