Small Business Bookkeeping Checklist (Weekly & Monthly)

Small Business Bookkeeping Checklist (Weekly & Monthly)

Bookkeeping is not glamorous, but it is the difference between a business you actually understand and one that surprises you at tax time.

Weekly Checklist

• Send all invoices owed for work completed

• Record every expense, including small cash purchases

• Check outstanding invoices and follow up on overdue

• Reconcile bank balance against your records

• File or photograph receipts

Monthly Checklist

• Reconcile every bank and credit card account

• Review profit and loss for the month

• Compare actual vs budget

• Pull a customer aging report

• Pull a supplier aging report

• Run a sales-tax summary for any required filings

• Back up your records

Quarterly Checklist

• Make estimated tax payments if required

• Review pricing and product mix

• Check inventory valuation and identify dead stock

• Review expense categories — are subscriptions creeping up?

How ExpressBizTools Helps

Every invoice, payment, and stock movement is recorded automatically. Reports for monthly profit and loss, customer aging, and tax summaries are one tap away.

Bottom Line

Consistent bookkeeping is what separates business owners who can answer "how is the business doing?" with confidence — and those who can only guess.