This yearend accounting checklist will simplify your corporate yearend, reduce questions and lower your yearend accounting bill.

Plus, your accountant will be SO HAPPY!

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CONTENTS OF THIS VIDEO

00:00 Intro
00:37 Step 1 Complete the Bookkeeping
01:43 Step 2 Do a Bank Reconciliation
02:28 Step 3 Review Your Financial Statements
03:07 Step 4 Check Your Accounts Receivable
04:02 Step 5 Check Your Accounts Payable
04:50 Step 6 Perform an Inventory Count
05:42 Step 7 Take Time to Reflect
06:42 Step 8 Send Info to Your Accountant
09:07 Final Thoughts

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MENTIONED IN THIS VIDEO

► Small Business Bookkeeping Course
https://www.avalonaccounting.ca/cours...

► How to Do a Bank Reconciliation
https://www.xero.com/ca/guides/howto...

► How to do a Bank Rec in Xero
https://central.xero.com/s/article/Ba...

► How to do a Bank Rec in QuickBooks
https://quickbooks.intuit.com/learns...

► How to Hire a Bookkeeper
   • How to Hire A Bookkeeper for Your Sma...  

► How to do an Inventory Count
https://www.shopify.com/ca/retail/phy...

► Yearend Accounting Spreadsheet (DIY Bookkeeping for Your Yearend)
   • How to Make an Accounting Spreadshee...  

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AVALON ACCOUNTING

Avalon is a virtual accounting firm located in Canada. We aim to be THE online accounting department for small businesses in Canada.

We provide online bookkeeping, accounting services and expert financial advice for small businesses.

We are on a mission to educate small business owners through our YouTube channel, blog and free resources. Check out our links below to dive in.

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CONNECT

► Website: https://www.avalonaccounting.ca/
► Blog: https://www.avalonaccounting.ca/blog
► Facebook:   / avalonaccoun.  .
► Instagram:   / avaloncpa  
► LinkedIn:   / avalonaccounting  

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‍ ONLINE COURSES
► Take your business to the next level with our online courses.
https://www.avalonaccounting.ca/courses

ESSENTIAL FINANCIAL CONCEPTS FOR SMALL BUSINESSES (FREE COURSE)
► Keys to building a business that provides owners with time, money and purpose.
https://www.avalonaccounting.ca/cours...

LEARN MODERN BOOKKEEPING
► Learn to do your own bookkeeping with modern tools and our proven practices.
https://www.avalonaccounting.ca/cours...

BOOKKEEPING AND TAX FOR FREELANCERS
► This course teaches sole proprietors how to simplify bookkeeping and taxes.
https://www.avalonaccounting.ca/cours...

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❓ FAQs

► What Can I Writeoff? http://bit.ly/EXPENSESCAN
► Should I incorporate my business in Canada? http://bit.ly/INCORPCAN
► What is a shareholder loan? http://bit.ly/SHLOANCAN
► When and How Should I Hire an Employee? http://bit.ly/hirelikeapro
► Should I offer profit sharing? http://bit.ly/PROFITSHARECAN

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Use our referral link to receive $500 cash back

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We may receive compensation when our link is used to sign up for a Float Visa.

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If you are looking to incorporate (in Canada) and want to save some cash, check out Ownr with our affiliate link for 20% off incorporation costs:

► https://www.ownr.co/partners/avalona...

We may receive compensation when our link is used to sign up with OWNR

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‍ FREE BUSINESS GUIDES:

► Starting Your Business Guide:
https://joecollins.typeform.com/to/bc...

► Business Owner’s Productivity Guide:
https://joecollins.typeform.com/to/zJ...

► Financial Foundations Guide:
https://joecollins.typeform.com/to/jF...

► $1 Million Dollar Service Based Business Guide: https://joecollins.typeform.com/to/e2...

► Manage Your Own Bookkeeping Course:
https://avalonacounting.thinkific.com...