It is vital to prepare for year-end close in advance to ensure a true and timely close. Using a checklist is a helpful way to track which activities have been completed and which are still outstanding, especially if you have multiple employees or teams working together to close the books.
While this list is by no means inclusive of all activities that go into year-end close, it covers the items that are commonly forgotten or misrepresented.
Now that you are ready for year-end close, review our monthly accounting close checklist as well to help your company better reconcile accounts on an ongoing basis. Taking the right steps each month will reduce your workload when it is time to close for the year.
Need help preparing for year-end close?
We assist small businesses across the Pacific Northwest close their books every year. Get our experienced accounting professionals on your side for greater peace of mind.
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