AdvantEdgeBLOG - yearend tag

HELP ME!! It's Year End!

Thu, 14 Jan 2010 22:38:00 GMT

In addition to the Month End and Year End checklists in article: http://tinyurl.com/YR-END-Cklist. Read on for hyperlinks for additional sources of help.

Month End and Year End Checklists

Thu, 14 Jan 2010 18:40:00 GMT

Here are twenty Critical Areas for Review at Year End. If you ordinarily perform month-end closing activities you may have already completed the following tasks in "Part One". Otherwise, please review this list before moving on to “Part Two: Closing Your Books at Year-End.”

Payroll at Year End

Tue, 15 Dec 2009 01:56:00 GMT

If you report on the accrual basis, GAAP (Generally Accepted Accounting Principles) require you to record all your expenses in the time frame it is incurred. This means that you should be accruing payroll expenses for the remaining days worked in December AND it just might mean deferring pay received into 2010!!