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#tiptuesday Accounts Payable



As we start to get closer to 2023, it’s a good time to review your Accounts Payable. Here’s a quick list of everything you should look at while we’re still in 2022:


💡 review list of unpaid or open bills for any year-end adjustments


💡 pay off any bills that need to be recorded in the current year


💡 review if you should prepay any bills


One of the last things you need to do before the end of the year is reconcile all of your accounts. This includes your checking, petty cash, savings, credit card, CD’s, money market, investments, etc.


Then be sure to make necessary adjustments before creating your closing year-end statements.


If you read this and your eyes glazed over, reach out, we're here to help! Head to our website www.saulbookkeeping.com and find out how we can best help you and your business. Equestrian or not, we can help take the fear out of your finances and let you get back to doing what you love (not suffering over spreadsheets!)


#bookkeeping #smallbusiness #accounting #quickbooks