Year-end bookkeeping checklist for Canadian businesses

Year-end is smoother when your books stay tidy all year. Use this checklist to make sure nothing slips through before you hand off reports to your accountant.

1. Reconcile every bank and credit card account for the final month.
2. Review outstanding invoices and follow up on overdue payments.
3. Confirm expenses are categorized correctly and receipts are attached.
4. Verify GST/HST/PST defaults and confirm tax-inclusive templates are correct.
5. Run P&L, cash flow, and AR aging reports for final review.
6. Balance sheet reporting is rolling out on Business plans.
7. Export reports and supporting documents for your accountant.

If you want help streamlining the process, the Help Center covers detailed workflows for each step.