7 Important Things to Do Before Closing Out Your Year End in QuickBooks

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With Year-End around the corner here are a few reminders to add to your to-do list 📋

In this video, I'm going to go over 7 important things that you need to do before closing out your books for the year. Check it out now and make sure you're all set for a smooth transition into 2025!

Register now for my Customizing QuickBooks Workshop and receive my guide to preparing for your tax appointment as an added bonus!

Here's the how-to video to update SUI & ETT Rate:

Timestamps:
0:00 - Intro
0:10 - 7 Important Things to Do Before Closing out Your Year in QuickBooks
0:40 - To do before year-end
0:54 - Zero out merchants
1:31 - Mileage for business vehicles
1:53 - Count inventory
2:18 - SBA loan: Y-T-D interest expense
2:57 - Process final payroll
3:54 - Estimated tax payments
4:06 - Review outstanding checks
4:42 - FREE PDF and Upcoming QuickBooks workshop

I’d love to connect with you 🤗

#CandusKampfer
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Thank you so much for your videos! You absolutely are the best that I have found! You give the explanation and details of why things need to be done! I have used them every year since I forget every time what I need to do :)! It would be awesome if you had some sort of live chat or discord for help since I have tons of little questions that seem to always be polarizing online. No one seems to really know and you do!

rockettint
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Thank you! I signed up for your customized workshop. I am most interested in your 9 steps on closing. How can I obtain it?

jamesr
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Hello I have Invoice $1200.00, I received $600.00 & Refunded it next day. but there was a issue on the invoice, which open balance showing $600.00 instead of $1200.00. May i know what could be the reason.

jerryraju