QuickBooks Year-End Financial Close

Our fiscal year has just ended and I need our QuickBooks file brought fully up to date so the figures flow straight into the corporate tax return without surprises. Day-to-day entries were made during the year, yet some transactions may have slipped into the wrong category and a few bank statements still need reconciling.

The scope centres on two core services: bookkeeping clean-up and the preparation of reliable financial reports. You will work directly in our QuickBooks Online account, verify every bank, credit-card and loan balance, post any required adjusting journals, and ensure the chart of accounts makes sense for a Canadian corporate return. Once the file is in order, generate final year-end statements—Balance Sheet, Profit & Loss, and Cash-Flow—along with the reconciliation reports that prove they tie out.

Deliverables
• Reconciled QuickBooks ledger through fiscal year-end
• Adjusting entries and supporting workpapers (Excel or PDF)
• Final Balance Sheet, P&L, Trial balance and Cash-Flow statements in PDF and .xlsx
- Posting payment made and deposited into bank accounts against the sale invoices
• Brief summary of issues found and actions taken

Completion is needed promptly so we can forward the numbers to our tax preparer. If you have solid experience cleaning up Mid-size corporate books and producing audit-ready financials in QuickBooks Online, this should be a straightforward engagement.