Therapy For Your Money

Episode 53: Getting Your Books Ready for the End of the Year


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2022 is right around the corner and we want to make sure you are fully prepared to close out your books and start the year out fresh! Julie's gathered her top tips to make closing out your 2021 books a breeze.

Episode Highlights:

  • Step 1: Make sure that all of your transactions are captured and your books have been reconciled

  • Step 2: If you have a payroll provider, take some time to sit down and do an annual payroll review

  • Step 3: Prepare to send out 1099's to any service vendor you have paid more than $600 to through the entire year by January 31st

  • Step 4: Ensure that your employees have received copies of their W2 forms by January 31st


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Therapy For Your MoneyBy Julie Herres

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