When to close your end of month accounts

One of the issues we regularly encounter with business owners is the issue of when to close off the accounts at the end of a period. All business owners and managers are keen to see their monthly management reports as soon as they can after the end of the month to get an idea of how the company is performing and whether it is reaching it’s targets. Of course, the sooner the bookkeeper can finalise those reports, the more valuable the information is so that if there is any alarming information you can quickly do something about it. [Read more…]