Year-end close checklist + BONUS mini checklist to prep for next year
Stay organized and reduce stress during the financial year-end close. This annual close checklist includes key tasks, tips for success and a BONUS mini-checklist to better prepare for next year.
Closing the books at year-end is a balancing act. You juggle deadlines, collaboration and audit prep while ensuring every number adds up. Missing even a single step can lead to delayed reporting, compliance risks and extra pressure on your team.
To make the process less overwhelming, we worked with our controller to create a practical checklist that keeps you on track. It's designed to help you stay organized, cover key tasks and wrap up the year smoothly – plus, it's interactive, so you can check off tasks as you go.
Inside, you'll find:
- Preparation and planning: Key steps to organize deadlines, assign responsibilities and gather necessary documents.
- Accounts receivable and payable: Tasks to reconcile subledgers, follow up on overdue payments and manage accruals.
- Inventory and fixed assets: Guidance for accurate inventory valuation, reconciliations and asset management.
- Tax provisions and financial statements: Steps to prepare statements, disclosures and tax-related documents with precision.
- Final review: Tips to wrap up the year well and set your team up for success for next year.
- BONUS mini-checklist: You'll also get a mini checklist to help you start the new year strong with tips on setting financial goals, evaluating your tech stack and identifying automation opportunities to streamline processes.
Download the end-of-year finance checklist here.
