This checklist covers the recommended month-end accounting tasks for dealerships using Blackpurl and QuickBooks Online.
These are recommendations only — it is up to each dealership to determine what end-of-month and end-of-financial-year tasks they need to complete.
We also recommend contacting your accountant for their advice on any additional reports or procedures required.
Month-End Tasks
Work through the following tasks at the end of each month. Links to detailed instructions are provided for each task:
Task | Resource |
Finalise all Cash Reconciliations for the month (Blackpurl) | |
Complete End of Day Balancing of Cash Drawers (Blackpurl) | |
Complete Bank Reconciliation (QuickBooks) | |
Complete any other Control Account reconciliations | |
Review the Accounts Receivable (AR) Aging report and confirm it matches the relevant General Ledger account (QuickBooks) | |
Review the Accounts Payable (AP) Aging report and confirm it matches the relevant General Ledger account (QuickBooks) | |
Close Month End (QuickBooks) |