What should I be doing monthly?

Making a backup copy of your QuickBooks company
Making a backup copy of your QuickBooks company data is highly recommended!    Keep this copy offsite, perhaps in a safe deposit box.    This procedure safeguards you from losing valuable data in case of fire, flood, theft, or other disasters at your office.

Paying your payroll taxes
This task may be weekly for you.   Check with the IRS and your state tax board to determine your schedule for payroll tax remittance.

Paying your sales tax
Check with your state and local tax boards regarding your sales tax liability and payment schedule.

Reconciling your accounts
Don't let these pile up!   Reconcile your checking and credit card accounts when you receive your statements.

Billing your customers
Printing and mailing monthly reminder or billing statements to send to your customers.

Printing a collections report
Use the collections report as a tool to contact customers with past due balances.

Creating a budget report
Create a budget report to check how close you are to your budget.   If you are grossly over or under budget, consider revising that particular budget.    For more information, search the Help Index for budgets, reports about.

This Decision Tool focuses on Periodic Tasks.