7 Signs Your Bookkeeper Didn’t Close the Year Properly
Even if you have a bookkeeper, the year may not be properly closed. Here are the signs to watch for before your CPA starts asking questions.
1. Unreconciled accounts
If you see “Reconcile Now” on multiple accounts, year-end is not complete.
2. Large Uncategorized Income or Expense
Any big uncategorized totals means your financials aren’t tax-ready.
3. Negative asset or liability accounts
These usually signal misapplied payments or incorrect journal entries.
4. Messy loan balances
If principal and interest aren’t separated, your tax filing won’t be accurate.
5. Strange A/R and A/P numbers
If customers owe you money from 2022, something wasn’t closed correctly.
6. Expense spikes or drops without explanation
These often mean duplicate entries or missing months.
7. Your CPA asked for multiple corrections last year
If that happened once, it will happen again.
Conclusion
If any of these signs appear, get a QuickBooks cleanup before tax season. A cleanup makes it easier for your CPA and saves you money long term. After that, monthly bookkeeping services keep everything clean going forward.
