Accounting Period Closing Checklist
| Task | Status |
|---|---|
| Reconcile bank statements | |
| Review accounts receivable and payable | |
| Accrue expenses and revenues | |
| Depreciate fixed assets | |
| Verify inventory counts | |
| Post adjusting journal entries | |
| Prepare financial statements | |
| Review and close general ledger | |
| File tax returns (if applicable) | |
| Archive financial documents |