MONTHLY BOOKKEEPING

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About this template

This template includes our full monthly bookkeeping process, including our Monthly Quality Control (QC) Review in QBO.

Work type: Bookkeeping

Location: United States

Client industry: Generic

This template includes

  • 13 tasks
  • 1 client tasks
  • Automations
  • Resources
Client Tasks Client Tasks
Please upload Bank, CC and Loan Statements
BOOKKEEPING TASKS
***REVIEW PINNED EMAILS***
Bookkeeper
Confirm all Transactions have been categorized
Bookkeeper
Download Bank Statements
Bookkeeper
1099 Review
Bookkeeper
Journal Entries
Bookkeeper
Review/map Payroll JEs for accuracy
Review Sales Tax JE for accuracy
JE Reimbursements (if using a clearing accounts)
JE Inventory (if using 3rd party CRM)
Reconcile Clearing Account 
Bookkeeper
Reconcile Accounts
Bookkeeper
Checking Account
Savings Account
Credit Card Account
Loan Accounts
Liability Accounts (other than loans)
Medical/Dental/401K Liab Account
CRM/Sales Account
Bookkeeper Review
Bookkeeper
In QBO run and review the P&L Detail Report
Review Uncat Accounts and reference against ReCat
Update "Monthly Review Notes" regarding any issues or roadblocks noted for this client during this period.
Update Project Tag - if necessary
MONTH END CLOSE
Automations
QC Review
Reviewer
In QBO Books Review confirm all accounts have been reconciled
In QBO run and review the P&L Detail Report
In QBO run and review the P&L by Month (last 3 months)
In QBO run and review Balance Sheet by Month (last 3 months)
In QBO run and review the Statement of Cash Flows
In QBO run and review the AR and AP Summary Reports
In QBO run and review the Transaction Detail Report for all Equity Accounts
Financial Statements
Reviewer
Download Financial Statements from reporting software or QBO
Upload to FC
Schedule Client Meeting
Reviewer
Client Meeting
Reviewer
Client Meeting Follow-up
Bookkeeper

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