Creating a Monthly Bookkeeping Checklist - dummies

By Jane E. Kelly

Part of Bookkeeping & Accounting All-in-One For Dummies Cheat Sheet (UK Edition)

Checklists are always useful when you’re a bookkeeper. They help to keep you on track for the day-to-day and month-to-month tasks that you need to carry out. Here is a list of tasks which you can adapt to create your own checklist.

  1. Enter sales invoices.

  2. Enter purchase invoices.

  3. Enter cheque payments.

  4. Enter bank receipts.

  5. Enter petty cash receipts.

  6. Reconcile bank accounts.

  7. Reconcile credit card accounts.

  8. Enter prepayments and accruals journals.

  9. Enter depreciation journals.

  10. Enter payroll journals (if required).

  11. Enter stock journals (if required).

  12. Run VAT return (if required).

  13. Run aged debtor and aged creditor reports.

  14. Run Profit and Loss statement.

  15. Run Balance Sheet.

  16. Check all reports for accuracy.