Bookkeeping Checklist

HOW TO KEEP TRACK OF YOUR BUSINESS ACCOUNTS

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  Open a Business Bank Account

  Record all sales and money received in the business

  Record expenses and purchases made

  Record any credit sales

  Record any petty cash expenses

  Check inventory and stock status

  Pay any outstanding creditor bills

  Organise and file your invoices and paperwork

  Reconcile and balance your accounts

  Prepare profit and loss statements (monthly)

  Prepare balance sheet (monthly)

  Run payroll and pay your employees (monthly)

  File and pay your taxes (annually)


To be more effective in managing your business, check out the Easy Bookkeeping ebook specially made for small business owners.

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BOOKKEEPING
CHECKLIST HOW TO KEEP TRACK OF YOUR BUSINESS
ACCOUNTS

   Open a
Business Bank Account   Record all
sales and money received in the business   Record expenses and purchases made   Record any credit sales    Record any petty cash expenses   Check inventory and stock status   Pay any outstanding creditor bills   Organise and file your invoices and paperwork   Reconcile and balance your accounts   Prepare profit and loss statements (monthly)   Prepare balance sheet (monthly)   Run payroll and pay your employees (monthly)   File and pay your taxes (annually)