Year-end checklist with your accountant in Geelong

As the calendar year comes to a close, it’s the perfect time to get your finances in order with a trusted accountant in Geelong. December is an ideal month to finalise accounts, review business performance and ensure everything is ready for a smooth start to the new year.

Why working with an accountant in Geelong before January makes sense

While June may be tax season, December is equally valuable for reviewing your business finances and setting the stage for success. Meeting with an accountant in Geelong before the end of the year allows you to:

• Wrap up financial records while the year is still fresh
• Fix any data entry or reporting errors
• Get strategic insights into your business’s performance
• Plan for January cash flow and early‑year expenses

Local accountants also understand the unique pace of business in Geelong, especially during the holiday slowdown, and can help you close out the year with clarity and control.

What your accountant will help you review in December

To get the most value from your accountant, here’s a checklist of key areas to review before year-end:

• Bank and account reconciliations: Ensure your books match your bank and loan statements.
• Outstanding invoices and bills: Follow up on receivables and payables to tidy your accounts.
• Staff and payroll summaries: Review wage payments and ensure holiday leave accruals are recorded correctly.
• Cash flow review: Understand your available cash for December/January expenses and assess where shortfalls might occur.
• Fixed assets and purchases: Make sure business equipment and assets are recorded accurately for depreciation tracking.
• Profit & loss and balance sheet overview: Ask your accountant to walk you through these reports to understand what’s driving your business results.

How to work more effectively with your Geelong accountant

Maximising the benefits of professional support isn’t just about handing over the books. Here’s how Geelong businesses can work better with their accountant:

• Stay organised: Keep records sorted: receipts, invoices, statements and payroll summaries. It saves time and cost when it’s all ready to go.
• Communicate regularly: Touch base with your accountant, especially if your business has changed. New staff, assets, or locations.
• Use insights, not just compliance: Your accountant can do more than lodge BAS or statements. They can help you plan better, reduce financial risk and take advantage of local opportunities.

Why a local accountant in Geelong offers more than compliance

Partnering with a local accountant in Geelong means working with someone who understands the business environment you operate in. From seasonal trends to regional grants and industry-specific challenges.

Whether you’re a tradie wrapping up a busy construction season or a retailer heading into Christmas trade, your accountant can offer timely, relevant advice that national firms may overlook.

At CD&G Accountants, we offer personalised accounting services backed by real relationships and local knowledge.

Start January strong by closing December right

Taking time in December to clean up your accounts means you won’t be chasing problems when you return in January. It frees you to focus on business growth, customer relationships, and planning for the year ahead.

If you’re ready to wrap up your accounts and plan confidently for 2026, a reliable accountant in Geelong can guide you every step of the way.

Contact CD&G Accountants to get year-end support that sets you up for a strong new year.