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Year End Accounting

It is getting to be that time of year again.  Things to think about for year end:
 
  • Make sure all employees addresses and social security numbers are correct in your bookkeeping system.
  • Make sure all Contract labor personnel addresses and EIN/Social Security numbers are correct in your bookkeeping system.
  • Reconcile all bank statements and credit card statements for the year.
  • Enter all additional expenses that are not on the bank statement or credit card statement in your bookkeeping system.
  • Check with your CPA to see if there is anything specific to your industry that needs to be accounted for.
 
With this list you should be ready to give your CPA your financial statements.  If there as anything that MS Bookkeeping Services can do to help with any or all of these tasks please give us a call @952-451-1722

17 Comments to Year End Accounting :

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Gabriel Benny on Thursday, October 18, 2012 12:25 AM
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Online Contractor accountants on Tuesday, December 11, 2012 4:50 AM
The tips and points you provide for year end accounting are verily plausible. And it will help to each business owner.
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Maria on Tuesday, December 11, 2012 11:48 PM
Thank you for your comments. I am glad my tips and points for year end accounting are helpful. If anyone needs help with 1099's or W-2's please feel free to contact me. I am in the business of helping people have less stress in their business.
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