Quick answer
Collect the month’s records, reconcile bank and card accounts, review outstanding customer and supplier balances, investigate unusual entries and review financial reports. Keep unresolved questions documented and assign a clear owner for the next step.
Keep business records together
Choose one secure place for receipts, invoices and statements. Name files consistently so you can find supporting records without searching several inboxes.
Make time for a monthly review
Compare transactions with your statements, review uncategorized items and check outstanding customer invoices. A short, recurring appointment is easier to maintain than a year-end cleanup.
Write down your questions
If a transaction is unclear, keep a note alongside its documentation. Your accounting partner can help resolve it before the same issue repeats.
Related services and guides
Sources and further reading
General organizational information, not individualized tax, legal or financial advice. Confirm requirements with a qualified adviser familiar with your circumstances.