Monday, July 5, 2010

Need advice for month closing practices.

rollotom said...


Can you recommend a way to get realistic practice on the month end closing process? My lack of experience in this area is hindering my job search. Do you know of any websites, books, etc that would have such exercises?

Thanks!!

1 comment:

WebTaxOfficeUSA said...

Dear user, thank you for visiting our blog. It is difficult to create month end closing checklist that matches your business needs as we do not have enough information about your business and also that every business is unique with their own unique needs. However, you can we are trying to outline a list you can start using and expand as necessary
1) Close sales register
2) Close monthly A/R
3) Close monthly A/P
4) Reconcile bank accounts
5) Reconcile credit cards
6) Make necessary adjusting entries to the general ledger

Use this checklist to expand and customize it per your needs.

We hope this helps.

Web Tax Office Team
www.webtaxoffice.com