• Look at your Profit & Loss report. Where do you stand? If you have a larger than expected profit, are there any major purchases you should make now that can be depreciated? Make sure you have the cash. Talk to your accountant if you are not clear of the depreciation rules.
• Verify loan accounts and cleanup them up if necessary.
• Verify your 1099 information is setup properly in your accounting system. If you don't have proper information from each vendor, ask for it now, then create a form to use every year.
• Begin to think about year end bonuses or special gifts. Will you give these this year or in January? It depends when you write the check.
• Look for fringe benefits you should report on W-2's. Some of these could include health & life insurance, transportation subsidies, moving expense reimbursements, educational reimbursement programs, and employee loans you've forgiven.
• Take a physical inventory of your products and make adjustments in your accounting system as necessary.
• Write a list of all the company's major accomplishments for the year. Be prepared to share this with your staff, they will appreciate it.
• Write out your goals and plans for the next year.
• Create budgets for the next year if you work on a calendar year fiscal basis.
• Check all of the links on your website to make sure they are active.
• Review your insurance policies - it really COULD happen to you.

• Backup your files - if you don't already have a backup solution in place or if it involves tapes (do they still make those?), we can help!

• Celebrate your achievements from the past year!

We wish you the best this holiday season!

The Staff at RMM Solutions