Author: callingbatonrouge
Closing the Books: 3 Steps to Finalize Year-End Journal Entries
Do you need to finalize year-end journal entries and close out your books, but put it off because it creates anxiety? If so, fear not. Bayou Bookkeeping and Tax Services is here to help. “Closing the books” simply means making journal entries to get your temporary accounts to a zero balance. Here’s an easy explanation […]
Enlist a Professional for Your Year-End Financial Statements Review
At Bayou Bookkeeping & Tax Services, we provide bookkeeping, year-end financial statements review, and tax filing services in Baton Rouge. Financial statements communicate a business’s financial health, helps lenders determine whether to loan money, and provides insight into financial operations. The three major types of financial statements include the balance sheet, the income statement, and the cash […]
Small Business Tax Filing and 2020 End-of-Year Books
It seems the entire global population is ready to shut the door on 2020 and move forward. The year started with impeachment, moved on to COVID-19, and gathered steam with murder hornets and civil unrest. Like you, Bayou Bookkeeping and Tax Services is ready for a new chapter. But first, we and the clients we […]