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The Essential Bookkeeping Checklist for Small Businesses

Bookkeeping Checklist for Small BusinessesBookkeeping Checklist for Small Businesses
min read
August 21, 2023

As a small business owner, there are few tasks that are more important to successfully manage your business than bookkeeping. Staying on top of your bookkeeping will not only help you ensure things run smoothly in your business, but it can help you identify any potential financial issues from the get-go—and deal with them before they spiral out of control.

But if you’re not a finance or number person by nature, managing your bookkeeping tasks can feel overwhelming. Which bookkeeping tasks do you need to do every day? Which tasks do you need to tackle every week? How about on a monthly, quarterly, and annual basis?

It’s a lot to navigate—and if you want to stay on top of all your accounting tasks (and stay on top of them at the right time), having a checklist can help.

Let’s take a deep dive into the essential bookkeeping checklist for small businesses—and review a) which bookkeeping tasks you to need to to tackle for your business, and b) when the right time to tackle those tasks is:

Why do you need a bookkeeping checklist?

Before we jump into the essential bookkeeping checklist for small business owners, let’s quickly touch on why it’s so important to have a bookkeeping checklist in the first place.

There are a number of reasons why having a bookkeeping checklist is a must for your business, including:

The essential bookkeeping checklist for small businesses

Now that you know why a bookkeeping checklist is so important for your business, let’s jump into the accounting tasks you’ll want to include on that checklist:

Daily bookkeeping to-do’s

Weekly bookkeeping to-do’s

Monthly bookkeeping to-do’s

Quarterly bookkeeping to-do’s

Annual bookkeeping to-do’s

Check each of these tasks off of your bookkeeping checklist

Managing your finances can be a challenge. But now that you have this basic bookkeeping checklist, you have a list of all the tasks you’ll need to complete in order to take care of your business financials on a daily, weekly, monthly, quarterly, and annual basis—and protect the financial health of your business in the process.

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