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13 tagged with "Checklist"

Practical checklists for accounting and financial tasks

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From Three Weeks to Five Days: A Faster Month-End Close With Cut-Off Discipline and Smarter Reconciliations
·mike

From Three Weeks to Five Days: A Faster Month-End Close With Cut-Off Discipline and Smarter Reconciliations

A day-by-day close calendar that compresses a typical three-week month-end into five business days. Pre-stage recurring entries, reconcile cash on day one, tie sub-ledgers on day two, post accruals and prepaids on day three, run flux analysis on day four, and lock the period on day five.

month-end-close
reconciliation
bookkeeping
small-business
+4
How to Close the Books in Five Days: Checklists, Cut-Off Discipline, and Reconciliation Order
·mike

How to Close the Books in Five Days: Checklists, Cut-Off Discipline, and Reconciliation Order

A three-week close compresses into five business days through three habits—a written close checklist sequenced by dependency, firm cut-off procedures with accruals for late items, and reconciliation done high-risk-first in a consistent order.

month-end-close
checklist
reconciliation
accrual-accounting
+4
How to Prepare for Tax Season: A Year-Round Checklist for Small Business Owners
·mike

How to Prepare for Tax Season: A Year-Round Checklist for Small Business Owners

A practical week-by-week, quarter-by-quarter, and year-end tax preparation checklist for small business owners — covering 2026 IRS deadlines, estimated tax payments, deductions, 1099 filing, and the bookkeeping habits that turn April from a sprint into a routine handoff.

tax-preparation
tax-planning
small-business
bookkeeping
+4
The Cash Application Checklist: How to Stop Unapplied Payments from Wrecking Your AR
·mike

The Cash Application Checklist: How to Stop Unapplied Payments from Wrecking Your AR

A practical six-step checklist for matching customer payments to invoices, cutting unapplied cash, and turning month-end close from a multi-day scramble into a routine continuous process.

accounts-receivable
cash-flow
reconciliation
payments
+4
The Client Intake Form That Saves Accounting Firms 20% in Lost Revenue
·mike

The Client Intake Form That Saves Accounting Firms 20% in Lost Revenue

A diagnostic accounting client intake form captures decision-makers, transaction volumes, historical issues, and billing constraints — preventing the scope creep that costs firms up to 20% of annual revenue.

accounting
bookkeeping
cpa
small-business
+4
Engagement Letters: The Complete Guide to Protecting Your Business Relationships
·mike

Engagement Letters: The Complete Guide to Protecting Your Business Relationships

A practical guide to engagement letters for service businesses covering the eleven components every letter needs, the drafting mistakes that cost professionals real money, and how a signed letter connects to accurate revenue forecasting and accounts receivable in your books.

legal
small-business
consulting
freelance
+4
What You Need to Open a Business Bank Account: A Complete Checklist
·mike

What You Need to Open a Business Bank Account: A Complete Checklist

A structured checklist of documents required to open a business bank account, organized by entity type—sole proprietorship, LLC, corporation, and partnership—with fee comparisons, opening deposit ranges, and the five mistakes that send applicants home empty-handed.

banking
small-business
business
llc
+3
9 Common DIY Bookkeeping Mistakes That Cost Small Business Owners Thousands
·mike

9 Common DIY Bookkeeping Mistakes That Cost Small Business Owners Thousands

Nine costly DIY bookkeeping mistakes—from mixing personal and business expenses to skipping year-end adjustments—with concrete fixes for each, so you can keep clean books without hiring a full-time accountant.

bookkeeping
small-business
accounting-basics
tax
+4
Is Your Business Financially Healthy? 10 Essential Questions to Ask Right Now
·mike

Is Your Business Financially Healthy? 10 Essential Questions to Ask Right Now

Revenue is one of the least useful indicators of business health. This guide walks through 10 diagnostic questions—covering gross margin, current ratio, DSCR, AR turnover, and more—that reveal whether your business is actually on solid financial footing.

financial-health
small-business
cash-flow
financial-ratios
+4
The Month-End Close Process: A Complete Guide for Small Business Owners
·mike

The Month-End Close Process: A Complete Guide for Small Business Owners

A step-by-step guide to the month-end close process for small businesses—covering bank reconciliation, accrual recording, and financial statement review, with benchmarks showing most businesses close in 5–10 days.

month-end-close
small-business
bookkeeping
accounting
+3
Month-End Close Process: Complete Checklist for Small Businesses
·mike

Month-End Close Process: Complete Checklist for Small Businesses

A 10-step month-end close checklist covering revenue recording, bank reconciliation, AR/AP updates, depreciation, and financial statement review—designed to help small businesses close their books in five days or fewer.

month-end-close
checklist
small-business
bookkeeping
+4
Is Your Small Business Financially Healthy? A Practical, Plain-Text Accounting Checklist for Beancount Users
·mike

Is Your Small Business Financially Healthy? A Practical, Plain-Text Accounting Checklist for Beancount Users

Gain clarity on your small business's financial health with this practical checklist tailored for Beancount users. Learn how to assess liquidity, profitability, insolvency, and operational efficiency effectively.

small-business
accounting
financial-health
beancount
+1
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