5 Quick Tests for CPA-Ready Books

Before you send financials to your CPA, ask:

1️⃣ Are all bank and credit card accounts reconciled through month-end? 

2️⃣ Do payroll liabilities match payroll reports exactly? 

3️⃣ Are owner distributions clearly separated from expenses? 

4️⃣ Does retained earnings tie to prior year tax filings? 

5️⃣ Are there any accounts labeled “Ask My Accountant”?

If you hesitate on any of these, structure may need attention.