“Tech stack spending can quickly grow out of control, with many businesses using an amalgamation of different services. In people management, for example, it’s not uncommon for a company to have ten or more tools to manage payroll, compliance and onboarding. “But we’ve seen businesses th...
The accountant does the usual end-of-month or end-of-year processing, but Xero does the entire “closing the books” thing by itself, automatically. All I do as far as closing goes is set a lock date so that no one accidentally changes things in past periods. Conclusion Closing ...
-Download a copy of your statements for each month in 2021(or make sure you have a paper copy in your file). -Look at your QBO or Xero accounts.Make sure you have your coding up to date for the bank feeds. If you’re behind, break the task down into one account a day. -Reconci...