End of Month Bookkeeping Checklist
- Leisha Chapman
- Nov 26
- 2 min read
End of Month Bookkeeping Checklist: Stay Organised and Compliant
For small business owners, tradies, and entrepreneurs, the end of the month can be a stressful time. Between reconciling accounts, preparing reports, and ensuring compliance, it’s easy for tasks to slip through the cracks. A structured End of Month Bookkeeping Checklist can save time, reduce errors, and give you clarity over your finances.
Why an End of Month Checklist Matters
Monthly bookkeeping keeps your business financially healthy. By reviewing your accounts regularly, you can:
Ensure accurate records for BAS and GST reporting
Monitor cash flow and spot potential issues early
Make informed business decisions based on up-to-date data
Reduce stress at tax time
Essential Items for Your Checklist
Reconcile Bank Accounts - Check that your bank statements match your accounting records. This helps catch errors, identify missing transactions, and prevent fraud.
Review Accounts Receivable - Ensure all invoices have been sent and follow up on overdue payments to maintain healthy cash flow.
Check Accounts Payable - Review bills and upcoming payments. Make sure you’re not missing any due dates to avoid late fees.
Track Expenses - Record all business expenses, including receipts and invoices, to maximise deductions and maintain accurate records.
Review Payroll and Superannuation - Ensure employees are paid correctly and super contributions are up to date.
Prepare Reports - Generate profit & loss statements, balance sheets, and cash flow reports to understand your financial position.
Backup Financial Data - Securely store your financial records to prevent data loss and ensure compliance with regulations.
Make It Simple with Caboolture Bookkeeping
Keeping up with end-of-month tasks doesn’t have to be overwhelming. Caboolture Bookkeeping helps small businesses and tradies stay organised, accurate, and compliant. We take care of reconciliations, BAS reporting, payroll, and more—so you can focus on growing your business.
Contact Us Today
📞 0411 317 666
BAS Agent Number: 26222700
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