Small Business Bookkeeping Checklist – Part IV

Small Business Bookkeeping Checklist – Part IV

As a small business owner, one of the most important jobs you have is keeping accurate books, and understanding what your financial reports are telling you.  Understanding the ins-and-outs of your business isn’t always easy, but it’s vitally important to financial health of your business.  Avoid the year end scramble to get your financial house in order by staying on top of your bookkeeping with our 4-part series:

Daily Small Business Bookkeeping Checklist

Weekly Small Business Bookkeeping Checklist

Monthly Small Business Bookkeeping Checklist

Quarterly Small Business Bookkeeping Checklist


Even though you can (and probably should) hire a professional to help with your bookkeeping, it’s smart to understand how it all works!  You’ll be surprised how keeping tabs on your money will lower your stress level and increase your cash flow!


Part IV – Quarterly Checklist


Follow Up on Past Due Invoices – Reach out again or send to collections.

Prepare and Examine Quarterly Reports – These include: balance sheet, profit and loss statement, cash flow statement, accounts receivable and accounts payable reports. 

Prepare and Pay Estimated Quarterly Taxes Use the information from quarterly reports to determine your estimated tax payment. 

Review Quarterly Payroll Reports – Make quarterly payroll tax payments or verify their accuracy.


**Put this checklist into action! Stay on top of your bookkeeping by scheduling reminders and setting aside time on your calendar each week, month and quarter!