Principals End of Month Checklist
Items | Done | Notes |
Bank Reconciliation-Final | ||
Does it balance back to the Trial Balance | ||
Are all Adjustments dated with an explanation | ||
No Adjustments should still be carried over from Previous End of Month | ||
Outstanding Deposits- Have you sighted Daily Banking Sheets that make up this sum | ||
Deposits Banked not Posted- Have you sighted report that makes up this sum | ||
Sign and Date Final End of Month Bank Reconciliation | ||
Is a copy of the Bank Statement attached | ||
Internal Accounts | ||
Check the Trial Balance for Internal Accounts that have funds | ||
If Internal Accounts have funds have they been reconciled for the month (Separate Folder) | ||
Backups | ||
Have you been given the End of Month Audit Backup (Have you checked files exist) | ||
Is this kept offsite? | ||
Management Reports | ||
Printouts to check... | ||
Print Rent Review Report without dates to ensure that all Tenants have a review date | ||
Print Inspection Report without dates to ensure that all Tenants have an inspection date | ||
Print Property Vacancy Report - Should any of these Properties be archived? | ||
Print Vacated Tenants List - Should any of these Tenants be archived? | ||
Print Consolidated Management Report (Print this for the current financial year) Reports/Management/Consolidated Management Report |
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Print Consolidated Management Reports for each individual Property Manager |
For the month of: |
Principal’s Signature: |
Date: |