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Waiting until January to catch up on your bookkeeping can make it harder to make informed decisions before the year ends. The good news is, you still have time to get organized.
In this video, we discuss:
• Why reviewing your business finances before year-end is so important
• How to make sure your bookkeeping is accurate and up to date
• What unusual expenses or financial changes to look for
• Why financial statements are more than just a record of past activity
• How clean books can help you make better business decisions
• What to discuss with your tax professional before December 31st
• How to prepare your books for a smoother year-end and tax season
If your bookkeeping has fallen behind, don't wait for a year-end emergency. Start where you are, get your accounts reconciled, review your financial statements, and address anything that needs attention.
Clean books. Better decisions. A stronger start to the new year.
⏱️ Timestamps:
00:00 – Why you should review your bookkeeping now
00:34 – The importance of making decisions before year-end
01:01 – Welcome to Biz Help for You
01:20 – Why you shouldn't wait until after the holidays
01:34 – First: Know where your business stands
01:57 – Second: Make sure your bookkeeping is up to date
02:23 – Third: Look for anything unusual
03:03 – Fourth: Prepare for conversations with your tax professional
03:52 – What to do if your books are behind
04:24 – Entering January with clean, accurate books
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