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END OF YEAR PROCEDURES FOR LAPTOPS, TABLETS AND OTHER MATERIALS AR 3512 (attached to the end of this document) was created last year to address the issue of missing equipment, curriculum materials

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How to fill out end of year procedures

01

Step 1: Review all financial records for the year.

02

Step 2: Complete any outstanding payments or receipts.

03

Step 3: Reconcile bank accounts.

04

Step 4: Generate financial reports such as balance sheet and income statement.

05

Step 5: Review and update any necessary tax documentation.

06

Step 6: Archive and organize all relevant documents for future reference.

Who needs end of year procedures?

01

End of year procedures are typically required for businesses, organizations, and individuals who need to close their financial books for the year.

02

This includes accountants, bookkeepers, business owners, and anyone responsible for financial reporting and compliance.

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What is end of year procedures?

End of year procedures are tasks or steps that need to be completed at the end of the year to close out the financial records and prepare for the new year.

Who is required to file end of year procedures?

End of year procedures are typically required to be filed by businesses, organizations, and individuals who need to report their financial activities for the year.

How to fill out end of year procedures?

End of year procedures are usually filled out by gathering all financial documents, reconciling accounts, adjusting entries, and generating financial statements.

What is the purpose of end of year procedures?

The purpose of end of year procedures is to ensure that financial records are accurate and up to date, and to prepare for tax filing and planning for the upcoming year.

What information must be reported on end of year procedures?

Information that must be reported on end of year procedures includes income, expenses, assets, liabilities, equity, and other financial data.

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