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QBO Video Courses

Year-End Cleanup for Tax Time Course

Alicia Katz Pollock
Purchase for $54

10 steps for year-end bookkeeping to get ready for taxes: clean up QuickBooks, reconciliation, inventory, depreciation, analyze reports, and close the books.

Year-End Clean Up in QBO Taxes Course Description

Tax time approaches! We’ll show you the 10 steps you need to do to get your books ready for your accountant to do your taxes. Not only will you close your books, but we’ll show you how to analyze your business to help it grow next year. Who are your best customers? What are your best sellers? Who owes you money, and who do you owe? We’ll customize your reports and memorize your favorites for future use.


What You’ll Learn 

  •   Steps to take at year end to make sure your books are right
  •   Categorizing Expenses
  •   Reconciling bank accounts
  •   Closing out Opening Balance Equity and Owner’s Equity
  •   Depreciation
  •   Running your P&L and Balance Sheet
  •   Taking Inventory
  •   Closing the books
  •   Making backups

Instructional Level

Beginner to Advanced

Course Length

2 hours

Course Credits

2 CPE, Certificate of Completion

Field of Study


Delivery Method

QAS/Self Study

Who should take this class?

  • Business owners and employees who maintain their company’s financial records
  • Bookkeepers and Accountants who wish to brush up on their skills.


Other learners purchased these courses after completing this class:  



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For more information regarding concerns, refunds, and program cancellation policies, visit our Terms and Conditions



Refunds & Cancellations

Please view our Terms of Service, for information on refunds, cancellations, and complaint resolution. To request a refund, please contact us.


Royalwise is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:


Course Updated: December 2021

Here is the course outline:

1. Download the Handout

Download the handout that goes with the course.

pageText Download the handout here

2. Year-End Cleanup for Tax Time

Tax time approaches and it's time to Spring Clean your QuickBooks so that you can have confidence in your data before you give it to your CPA! Here are the tools created for bookkeepers to make the job easier.

pageText Intro and Agenda
pageText Why Do a Cleanup
pageText QBOA's Bookkeeping Tools
pageText Reclassify Transactions

3. 10 Step Cleanup

Let's look at the 10 steps you need to do to get your books ready for your accountant to do your taxes. Not only will you close your books, but we’ll show you how to analyze your business to help it grow next year.

pageText Confirm AR / AP
pageText Confirm Undeposited Funds
pageText Adjust Inventory
pageText Reconcile Properly
pageText Categorize Transactions Properly
pageText Depreciation and Amortization
pageText Resetting Equity
pageText Closing the Books
pageText Making a Backup
pageText Analyze Your Reports
pageText Conclusion - What's Next?

4. Take the Quiz

Take this quiz to demonstrate your mastery of the material. Pass the quiz with an 80% or higher to complete the Course, earn your Certificate, and win points!

quiz Review Questions: Year-End Cleanup for Tax Time
quiz Quiz: Year-End Cleanup for Tax Time
pieChart Evaluation & Participation Survey
quiz Participation Quiz


The following certificates are awarded when the course is completed:

Royalwise Credit Certificate
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