Right about now business owners should be working on closing their books for 2023. These 10 end-of-year bookkeeping tips will help you get your small business records up-to-date for the whole financial year, with the goal of being able to calculate your income tax obligations accurately.
Pro tip: Financial records should be maintained throughout the year, ideally on a monthly basis. Business owners who don’t have the time, the knowledge, or even the desire to do this should consider outsourcing to a bookkeeping professional!
https://www.beginner-bookkeeping.com/end-of-year-bookkeeping.html