Reviewed 19 September 2026 · General information, not individual tax advice.
Complete the records
Make sure every bank movement can be linked to a sales invoice, supplier bill, payroll item, tax payment or owner transaction.
- Upload invoices and receipts
- Record sales and credit notes
- Separate drawings, loans and business costs
Reconcile and review
Reconcile each bank and card account, then investigate old balances and transactions without evidence.
- Bank and card reconciliations
- Debtor and creditor review
- Payroll and VAT control balances
Use the numbers
Compare revenue, margin, overheads and cash with the previous month and your expectations. The close should produce questions as well as totals.
- Cash available after upcoming liabilities
- Overdue customer invoices
- Unexpected cost or margin movements