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Check in with your CPA by year-end

Posted by Bliss Bookkeeping on September 8, 2009 at 5:21pm
It's always a good idea to check in with your CPA before the year-ends and ideally before the holidays to make sure your bookkeeping is in order. This gives business owners a chance to make any changes to their books before the end of the financial year. The fall season is a good time to do this since it's the slow time for CPA's before the crazy tax season starts.As a bookkeeper, I've seen business owners scrambling to get their books cleaned up after the year is already over in order to get their financial statements to their CPA for tax season.Keep your bookkeeping in order throughout the year and you'll avoid that last-minute scramble at tax time. If a small business owner isn't using QuickBooks to keep their bookkeeping in order, then they probably are missing a lot of information. I find many errors in sales entries, missing deposits, missing payments, etc. that I fix through the reconciliation process in QuickBooks. It can be a powerful tool for business owners and save them time when tax season comes.
Tags: CPA, QuickBooks, check-in, use
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