Lynda ArtesaniLegal Accountant and Data Migration Specialist at The Proper Trust

Year End Accounting Made Easy - Take Notes!

29 Nov 2024 · 1 min

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0:34

In this brief podcast segment, the presenter urges listeners to take notes as they receive a practical year‑end accounting checklist aimed at simplifying the close process, especially for in‑house accounting teams in the legal sector. The core advice centers on three actionable steps: (1) identify and review checks that have been posted but not yet cashed, (2) examine reconciliation reports to confirm which of those checks remain uncleared, and (3) inspect the chart of accounts and underlying ledgers to ensure all entries are accurate. The tone is instructional and urgent, encouraging immediate note‑taking to apply the guidance directly to the listener’s year‑end workflow.

Chapters

If you're listening to this podcast today or watching, get your notebook out and take some notes because you're going to get a lot of checklist items that you can use to really make your year-end much easier in-house so that your accounting side can help you out even much more. You know, looking at, especially in the legal industry, checks that haven't been cashed are posted on the books. And so going in and looking at the reconciliation reports and verifying which checks are still not cleared out there. Double-checking your, you know, simply as going into your chart of accounts and looking at the ledgers in there.