20 | Efficiency Unlocked: Guide to 10-Day Book Closing with Kristen Deese

Podcast Episode Title: 20 | Efficiency Unlocked: Guide to 10-Day Book Closing with Kristen DeeseEpisode Number: 20Date: February 5, 2024Guest: Kristen Deese, Virtual CFO- [email protected]: Justin DeeseDuration: 21.07SummaryIn this episode, Justin Deese and Kristen Deese discuss the importance of closing your books in a timely manner. They explain the process of closing the books and why it is important for financial accuracy and decision-making. They also provide tips and a month-end checklist to help business owners close their books efficiently. Kristen offers her services as a virtual CFO to assist with bookkeeping and financial management.TakeawaysClosing your books in a timely manner is crucial for financial accuracy and decision-making.The process of closing the books involves reconciling accounts, reviewing financial statements, and ensuring data accuracy.Closing the books within 10 days is a reasonable goal to have up-to-date financial information.Having a month-end checklist and doing a little bit every day can help streamline the closing process.Chapters00:00 Introduction01:02 The Importance of Closing Your Books04:51 Closing Your Books in 10 Days06:17 The Process of Closing the Books10:24 Challenges in Closing the Books13:26 Tips for Closing the Books18:09 Month-End Checklist19:19 Getting Help with Closing the Books20:15 Closing ThoughtsClosing and Resources: Encouragement to take up the 10-day book closing challenge and resources available for assistance, including a free month-end checklist template .Resources Mentioned:Free Month-End Checklist TemplateContact Information for Kristen Deese: [email protected]: kristendese.comBook: "When Your Business Partner is Your Spouse" by Justin and Kristen DeeseCall to Action:  Attempt the 10-day book closing challenge and share your experiences or seek help by contacting Justin Deese or Kristen Deese.Connect with Us:Podcast Website: freedomblueprintpodcast.comSocial Media: @FreedomBlueprint for Home ServicesSign-Off:  “Keep crushing it and know your numbers!”