Year-End Words To Live By

November is a great time to prepare your books for year-end. It’ll make your December easier so you won’t have to work hard during the holidays. Moreover, your January will be less stressful. And best of all, your clients will be happier. So plan ahead for a stress free year-end closing of your books.

So how does one prepare in November? It is a good time to look and recognize miscategorized transactions. This gives you the opportunity to consult your client and make the required changes to appropriate adjustments as well as discuss any important business decisions they may have for the following year. It’s also easier to correct mistakes that might happen when January comes around because you only have transactions to check in December.