The end of the year is the perfect time to slow down, get organized, and set your business up for a clean start in the new year. Here’s a simple, no-stress checklist to help you wrap things up with confidence.
✔️ Reconcile All Accounts
Make sure your bank accounts, credit cards, and payment platforms (like PayPal or Stripe) match your records. This helps you catch missing or duplicate transactions.
✔️ Review Invoices & Bills
Follow up on overdue invoices, record outstanding payments, and clean up any unpaid vendor bills.
✔️ Organize Receipts & Expenses
Ensure every purchase is documented and categorized correctly so tax season is smooth and deductions are maximized.
✔️ Update Payroll & Contractor Info
Confirm employee/contractor details, year-to-date totals, and ensure you’re ready for W-2s and 1099s.
✔️ Look Over Your Profit & Loss Statement
Take a quick look at your income, expenses, and overall performance to help guide your decisions for the year ahead.
Start the New Year Strong
A little prep now saves stress later. If you want help getting your books in order before January hits, DanG Financial is here to make it simple.