✅ QuickBooks Premier™ Year-End Checklist: 12 Must-Do Tasks Before You Close the Books
The end of your fiscal year is not just about running reports — it’s about making sure your QuickBooks Premier™ Desktop data is clean, compliant, and ready for tax filing or audits.
Use this checklist to avoid common mistakes and keep your year-end smooth.
🔹 1. Back Up Your Company File (The Right Way)
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Use File > Backup Company > Create Local Backup
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Choose “Full Verification”
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Save it to an external drive, not your desktop
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Rename with date (e.g., “QB_2024_YE_Backup.qbb”)
💡 Want your backup reviewed by a Premier-certified tech? Visit https://biziblaze.com or call +1-888-375-8021
🔹 2. Run the Verify and Rebuild Tool
Go to File > Utilities > Verify Data
If QuickBooks detects issues:
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Rebuild with File > Utilities > Rebuild Data
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Repeat Verify afterward until it’s clean
This clears up most hidden data errors before they become real problems in tax season.
🔹 3. Reconcile All Bank and Credit Card Accounts
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Finish reconciliation for every open account
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Fix any lingering “Uncleared” or “Mismatch” issues
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Attach reconciliation reports to your year-end file
💡 Biziblaze can assist with stubborn reconciliation errors — just call +1-888-375-8021
🔹 4. Clean Up Undeposited Funds
Go to Banking > Make Deposits
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Clear any entries stuck in undeposited funds
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Match deposits to bank transactions
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Flag anything older than 30 days for review
🔹 5. Review Accounts Receivable and Payable
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Print Open Invoices and Unpaid Bills reports
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Write off bad debt or adjust credits where needed
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Reclassify misposted transactions
🔹 6. Run a Profit & Loss and Balance Sheet (Accrual and Cash)
Compare both versions side by side. Any big difference? Investigate:
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Unapplied credits
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Journal entries not linked
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Prepaid or deferred income
Biziblaze experts can help decode discrepancies fast: https://biziblaze.com
🔹 7. Archive Payroll Reports
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Print W-2s, 940s, and 941s
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Back up payroll liability reports
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Review employee records for termination or rehire accuracy
Missing payroll history? Let Biziblaze rebuild it for you: +1-888-375-8021
🔹 8. Close Out Inventory (If Applicable)
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Adjust quantities using Inventory > Adjust Qty/Value on Hand
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Run Inventory Valuation Summary
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Deactivate obsolete items
🔹 9. Lock the Books
After final adjustments:
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Go to Edit > Preferences > Accounting > Company Preferences
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Set Closing Date and add a password
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Prevent accidental edits to last year’s data
🔹 10. Prepare a Year-End Backup for the Accountant
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Include: Company file, PDF reports, payroll data, custom templates
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Share via encrypted USB or secure link
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Label clearly with company name and tax year
🔹 11. Schedule a Health Check (Optional but Smart)
Biziblaze offers a 30-minute file review that includes:
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Data integrity scan
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Payroll setup check
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Backup strategy assessment
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Pre-filing cleanup
📞 Book yours now at +1-888-375-8021
🔹 12. Upgrade If Needed
Still on Premier 2021 or older? Many tax forms won’t generate correctly.
Biziblaze can handle your upgrade without data loss or downtime.
Schedule at https://biziblaze.com
🧾 Final Tip: Don’t Close Without Support
Year-end in QuickBooks Premier™ isn’t just a button click — it’s an opportunity to get your financials in top shape. If anything’s unclear, off, or overwhelming:
📞 Call +1-888-375-8021
🌐 Get help now at: https://biziblaze.com
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