Breaking Down the Month-End Close Process in QuickBooks Online Closing the books each month is an essential part of the bookkeeping process. It allows you to double-check the books for errors or anything that needs further investigation, giving you a level of assurance that things are running properly. Over the years, I have created a process for my month-end work for all of our clients...
Have you ever looked at your financial statements and just thought to yourself, "I have no clue what this is telling me?" Well, if you have, you aren’t alone. I’ve found this is common among many small business owners. The usual culprit is that your chart of accounts has been set up by using the standard accounts from your accounting system and things have become disorganized over time. Here are...