A small monthly routine is usually easier than reconstructing a year of activity at once.
Collect and record
- Upload receipts and supplier invoices to the agreed secure system.
- Record sales and other business income.
- Separate personal or unsupported transactions.
Reconcile and review
- Reconcile every business bank and credit-card account.
- Review unpaid sales invoices and upcoming supplier payments.
- Investigate duplicates, missing evidence and unusual balances.
Close the month
- Save payroll, VAT and other deadline records.
- Note one-off items that will matter at year end.
- Review a short summary of performance and next actions.
Sources and review
This guide was reviewed against the following sources on 29 July 2026. Rules and guidance can change.