Bring the month together.
Statements, invoices and source records arrive through the agreed process.
The monthly rhythm
A close begins
before month-end.
Sharing records regularly and keeping questions together makes month-end easier to follow.
Work through the differences.
Reconciliation and a focused question list help explain incomplete or unusual items.
Leave with the next actions.
Reporting and open questions sit beside a clear list of responsibilities.
During the month
Keep source information together.
The agreed process should make it clear where invoices, statements and supporting records belong. The business also identifies who can answer questions about particular transactions or activities.
This is a working arrangement between the business and the practice. Account access or documents are never collected through this public website.
At review
Read the reports with the questions.
Review the agreed outputs alongside unresolved items and explanations for unusual entries. The conversation should distinguish an accounting question from a business decision or a separate tax question.
Record the next action and who is responsible. That record gives the following month a clearer starting point.
Monthly bookkeeping