Holidays can be fun, celebratory, and hectic. As another year comes to an end, it is time to close up your business’ books for 2019. The U.S. Small Business Administration posted a great article on December 4th by Barbara Weltman entitled, “10 Things to Do to Close Out Your Year.”

How Can You Make Year-End Closing Less Stressful?

Being prepared all year long and not trying to do 12 months of bookkeeping and account services in 2 weeks makes an enormous difference. Ms. Weltman writes:

”During the holiday season, it’s all too easy to focus on sales to customers (for many businesses this is the peak selling season) and spending time with family and friends. However, taking some time to address certain business matters can help make 2019 an even better year and help you start the new year off right. In the final days of December, here are some actions that can help you comply with the law, obtain tax benefits, and position yourself for 2020.” Read more…

The checkpoint list includes paying year-end bonuses, reviewing inventory, being aware of changes in state corporate laws, and making sure you change the date from 2019 to 2020. (sounds silly but it is true)

Is it too late for me if I have not done this all year long?

It may be too late for 2019, but why not start 2020 off by hiring a bookkeeping service? Expex and Carly will reconcile your credit cards, pay your bills, prepare your sales tax returns, and perform bank reconciliations. Expex will keep your business healthy all year long.

If you want to automate your bookkeeping and eliminate year-end stress, turn to Expex in Latham, NY. Their accounting technology will help you track your expenses and revenue, perform bank reconciliations, and keep your financial accounting up to date. With automatic bill payments and mobile alerts, your tax return days will be easy and stress-free. Visit their website for more information about their services, or call them today at (518) 389-2305 to discuss your needs.