Podcast Episode Title: 

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

Episode Number: 20

Date: February 5, 2024

Guest: Kristen Deese, Virtual CFO- [email protected]

Host: Justin Deese

Duration: 21.07

Summary

In 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.

Takeaways

• Closing your books in a timely manner is crucial for financial accuracy and decision-making.
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• The process of closing the books involves reconciling accounts, reviewing financial statements, and ensuring data accuracy.
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• Closing the books within 10 days is a reasonable goal to have up-to-date financial information.
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• Having a month-end checklist and doing a little bit every day can help streamline the closing process.
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Chapters

00:00 Introduction

01:02 The Importance of Closing Your Books

04:51 Closing Your Books in 10 Days

06:17 The Process of Closing the Books

10:24 Challenges in Closing the Books

13:26 Tips for Closing the Books

18:09 Month-End Checklist

19:19 Getting Help with Closing the Books

20:15 Closing Thoughts

• Closing and Resources: 
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• Encouragement to take up the 10-day book closing challenge and resources available for assistance, including a free month-end checklist template .
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Resources Mentioned:

• Free Month-End Checklist Template
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• Contact Information for Kristen Deese: [email protected]
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• Website: kristendese.com
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• Book: "When Your Business Partner is Your Spouse" by Justin and Kristen Deese
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• Call to Action:  Attempt the 10-day book closing challenge and share your experiences or seek help by contacting Justin Deese or Kristen Deese.
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Connect with Us:

Podcast Website: freedomblueprintpodcast.com

• Social Media: @FreedomBlueprint for Home Services
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• Sign-Off:  “Keep crushing it and know your numbers!”
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