Closing the financial year — where do I even start so nothing gets missed?

Closing the financial year properly takes more than reconciling the bank statement. The items most often forgotten: actually reconciling client and supplier balances (not just on paper), reviewing the bad-debt provision, a physical inventory count matched against the books, reviewing annual depreciation on fixed assets, and recording any accrued expenses whose invoice hasn't arrived yet.

A company that closes the year without these steps reaches audit or tax-filing time and discovers gaps that take a long time to fix under pressure. RASEEKH works through a clear closing checklist every year, so the return and the statements come out ready the first time.