Use this checklist to evaluate the health of your business bookkeeping.
🔹 Transactions
* All income and expenses are recorded
* No duplicate or missing entries
* Consistent and correct categorization
* Receipts and invoices are saved and organized
🔹 Banking
* All bank and credit card accounts are linked
* Accounts are reconciled monthly
* Outstanding checks or deposits are reviewed
🔹 Reports
* Profit & Loss Statement is current and accurate
* Balance Sheet matches actual bank and liability accounts
* Cash Flow Statement is available and reviewed regularly
🔹 Payroll & Contractors
* Employee payroll is properly recorded
* Contractor payments are tracked for 1099 reporting
* Payroll taxes are filed and paid on time
🔹 Sales & Invoicing
* Customer invoices are issued promptly
* A/R aging is monitored (no overdue surprises!)
* Sales tax is tracked and filed as needed
🔹 End-of-Year Readiness
* Books are ready for your CPA or tax pro
* No uncategorized or “Ask My Accountant” entries
* Prior year is closed and locked
📌 BONUS: Signs Your Books May Not Be “Clean”
🚩 You don’t check reports monthly
🚩 Your CPA asks for clarifications or makes lots of “adjustments”
🚩 You’re not sure what your business actually earned last month
🧾 Need help cleaning up or maintaining your books? I help small business owners get clarity, reduce stress, and stay ready for whatever’s next.
📩 Message me for a free checklist review.
