Clover Business Tips — text status

What actually goes into closing the books every month? We reconcile the bank accounts, review transactions with missing payees or categories, fix inconsistent classifications, and check new vendors to make sure W-9s are on file. Then we generate and review the P&L, Balance Sheet, AR Aging, and AP Aging. Good bookkeeping isn't just entering transactions. It's reviewing the books and making sure the numbers actually make sense.