Benefits of Early end of year preparation, CLE Bookkeeping Solutions

What are you waiting for? It's that time of year! We're all hitting the rush as professionals. While more seasoned accountants may need no reminders or guidance on prepping their end-of-year taxes, many of us need a gentle reminder about what needs to happen so our businesses can get out there in 2022 with some momentum behind them - like an End Of Year Checklist from CLE Bookkeeping Solutions

There are a number of benefits that come from reviewing accounts now, including the peace of mind that comes from knowing that you are well-prepared for the most important time of the year. A little review now will also help your business come tax time next year, meaning less stress and more opportunities to grow.

Three of the top benefits to doing early prepping for the end of the year are:

1. You will be able to see where you stand with your taxes with time left in the year to adjust your cash flow.

2. It will become clear how to budget your remaining year and help with forecasting a budget for the coming year.

3. The review will provide foresight to the health of the business and highlight any errors or Adjustments needing to be made to accounts.

I have made a free checklist available for any business owners/bookkeepers who would like to sharpen up their accounts before they file away everything into one nice little package, ready to go off without anything amiss.