Year-End Bookkeeping Checklist

A clean set of books in December means a fast, accurate return in April.

1. Reconcile every bank and credit card account through 12/31
2. Clear uncategorized transactions
3. Confirm payroll totals match W-2/W-3 drafts
4. Inventory count (if applicable)
5. Fixed asset additions/disposals
6. 1099 vendor list and W-9s
7. Owner draws vs. distributions
8. Loan principal vs. interest
9. Sales tax filings current
10. Retirement plan contributions
11. Charitable giving documentation
12. Mileage log