Connecting your bank accounts makes it easier to bring transactions into your bookkeeping software. Those transactions still need attention: the right category, a check for duplicates, and a comparison with your statements.
I like a monthly routine because it gives you a smaller, more manageable set of records to work through. A few unanswered questions in October are easier to follow up on while the details are still fresh.
A simple month-end check
- Gather the statements. Download the month’s bank and credit card statements for each business account.
- Review the transactions. Check categories and flag anything you cannot identify. Look closely at transfers, refunds, and entries that may have been added twice.
- Reconcile each account. Compare your records with the statement and investigate differences. The IRS recommends reconciling your checking account each month.
- Collect the missing details. Match receipts and invoices to the records, and keep a short list of questions to resolve.
- Read the reports. Review your profit and loss and balance sheet for unusual balances or entries that need a closer look.
One useful step this week: choose a monthly bookkeeping date and put your statements in one folder. That makes the next review easier to begin.
When it keeps slipping down the list
If bookkeeping is the task that keeps getting bumped, ongoing support may help. We can talk about your accounts, the records you have, and a routine that fits your business.
Official references
Sources checked October 12, 2026. General bookkeeping information and reporting reminders; confirm tax treatment and filing requirements with your qualified tax professional.