Quarter-End is Coming: How to Prepare Your Books Before September 30

As September comes to a close, many business owners find themselves scrambling to get their financial records in order. Whether you’re a startup or a growing company, quarter-end is not just about crunching numbers—it’s about making sure your books give you a clear picture of your business health. Preparing properly before September 30 can save you from last-minute stress, costly mistakes, and missed opportunities.

1. Reconcile Your Accounts

Make sure your bank statements, credit card records, and accounting software all match up. Unreconciled accounts can lead to errors that complicate tax filing and financial reporting later on.

2. Review Accounts Receivable and Payables

Check for outstanding invoices that haven’t been paid and any bills you need to settle. Clearing these up ensures your financials reflect reality and helps maintain healthy cash flow.

3. Organize Receipts and Documentation

Keep track of every expense, no matter how small. Digital tools can help, but what matters most is consistency. Accurate records today mean fewer headaches tomorrow.

4. Update Payroll Records

Quarter-end is a perfect time to confirm payroll is accurate and compliant. Double-check deductions, benefits, and tax withholdings to avoid penalties down the road.

5. Analyze Your Financial Performance

Don’t just file your reports—use them. Compare this quarter’s numbers with your goals, look for trends, and identify areas to adjust before year-end.

Why This Matters

Quarter-end is more than a compliance task—it’s a chance to step back and understand where your business stands. Taking the time now means you’ll be better prepared for tax season, financial planning, and future growth.

At STP Accounting, we help Calgary business owners stay ahead of deadlines and make sense of their numbers. From bookkeeping to full-service accounting, we ensure your finances are accurate, compliant, and ready for decision-making. Don’t wait until year-end to catch up—let us help you finish the quarter strong.

Contact STP Accounting today to simplify your quarter-end and set your business up for success.