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Complete all transactions for the year including Payroll, A/P, A/R as well as any GeneralJournal entries that are required. If you have Fixed Assets, run depreciation and post to the General Ledger.
Before you put any extra liquor in that egg nog or subject yourself to gift wrap paper cuts, are you sure your channel business is ready for 2011? No, we don't mean strategically. We'll save that discussion for another day. Instead, have you undertaken the house-cleaning activities like reconciling your general ledger, running tax reporting and cleaning up important databases? The following checklist of 10 tips for ending the year soundly comes by way of Curtis Cochran, manager of customer support for Sage Peachtree.
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