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Writer's pictureIFYNDER SOLUTIONS

Checklist for End-to-End Accounting Lifecycle

Updated: Jul 7, 2020

To assist you with end-to-end accounting lifecycle, we prepared a checklist for you, we will follow for you :



DAILY TASK :

  • Check Cash Position

WEEKLY TASK :

  • Record Transactions

  • Document and File Receipt

  • Review Unpaid Bills

  • Prepare and Send Invoice

  • Pay Vendors, Sign Checks

  • Review Projected Cash Flow

MONTHLY TASK :

  • Balance Your Checkbook

  • Review Past - Due Receivables

  • Analyze Inventory Status

  • Analyze Inventory Status

  • Process Payroll

  • Review Actual Profit & Loss vs. Budget

  • Review Month-End Balance Sheet vs Prior Period

QUARTERLY TASK :

  • Fill Estimated Quarterly Taxes

  • Review Quarterly Payroll Reports

  • Review Sales Tax & Make Payments

  • Prepare Annual Profit & Loss Estimate

ANNUAL TASK :

  • Review Past -due Receivable

  • Review Your Inventory

  • Fill out IRS Forms(W-2 & 1099 MISC)

  • Review & Approve Year-End

  • Financial Reports & Tax Returns


 

Corporate Office : New Delhi, Delhi | Gurugram, Haryana (INDIA)

India : 987.104.3303 | USA : 412.379.6939


 

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