Get the books ready for a corporate year end
https://www.orbisaccounting.ca/guides/corporate-year-end-bookkeeping-checklist/


Confirm the period and the handoff

Prepare the year-end records
[ ] Bank and card statements through year end with completed reconciliations
[ ] Year-end trial balance and detailed general ledger
[ ] Unpaid customer invoices and supplier bills at the reporting date
[ ] Loan balances and supporting statements
[ ] Equipment purchases and disposals with documents
[ ] Inventory information where relevant to the business
[ ] Payroll summaries and amounts still payable
[ ] Sales-tax returns and payments already recorded
[ ] Owner contributions, withdrawals and reimbursements with explanations
[ ] Prior-year financial statements and adjustments

Explain transactions involving owners

Keep an open-items list

Bring final adjustments back into the books

Orbis Accounting · Checklist only. See the guide for context.