Year-end checklist for business owners

• Bank statements for the full year, including closed accounts.
• A list of customers who owe you and suppliers you owe at year end.
• Inventory count or valuation, if you hold stock.
• Invoices for assets bought during the year.
• Loan statements and agreements.
• Employee list with joining dates and basic salaries, for end of service provisions.
• Details of any transactions with owners or related companies.

With monthly bookkeeping, most of this is already in place, and year end becomes a short, predictable exercise.