Month-End Close Checklist NJ in 8 Steps (Template Included)

Month-End Close Checklist NJ — Streamline Your Books

A clean close each month saves hours at year-end and helps prevent tax-time chaos. This month-end close checklist NJ gives you a repeatable, 8-step framework that keeps your books accurate and audit-ready.

Step 1: Reconcile Every Account

Match your bank, credit cards, and loans to your statements. Investigate differences immediately.

Step 2: Record Adjustments

Add bank fees, loan interest, and payroll accruals.

Step 3: Verify Income and Expenses

Confirm invoices and bills are all entered and categorized correctly in your bookkeeping software.

Step 4: Review Accounts Receivable and Payable

Follow up on unpaid invoices; pay or schedule bills to protect cash flow.

Step 5: Check Payroll and Taxes

Confirm payroll liabilities are remitted and state tax filings are scheduled.

Step 6: Compare to Budget

Analyze P&L vs. budget. Note any large or unusual variances.

Step 7: Save Reports

Download and file PDFs of your Profit & Loss, Balance Sheet, and Cash Flow Statement.

Step 8: Back Up Data

Store monthly backups securely in cloud storage for easy access during year-end review.

CPA Tip:

A repeatable month-end close checklist NJ keeps your CPA happy and your books tax-ready all year.

Need a Faster Month-End?

Work with Gregory Monaco, CPA LLC in Livingston, NJ to automate your month-end workflow in QuickBooks or Xero. We’ll build checklists, reports, and reminders—so your books close fast and accurately.

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Gregory Monaco, CPA | Livingston NJ (serving NJ + virtual nationwide)