Wire-IT Solutions

Year End Finalization Services

With A Year-End Finalization In Your Corner, You Can Get Back To What You Do Best!

Accounting services and requirements have now become an inevitable business demand. This is the reason why account professionals are in high demand in business places. The end of the year has always been a dreadful time when it comes to balancing business records and financial statements. Wire IT Solutions offers year-end finalization services as we all know that finalizing the yearly accounts has always been messy and big at the same time. This complex task requires you to have immense patience, knowledge, and professional experience. Completing accounting tasks in an unprofessional manner can obviously lead to organizational misdirection. And if you want to avoid that, you can consider consulting our year-end finalization services.


Wire IT Solutions presents you with a variety of professional account finalization services. If you are a business owner, you definitely have more vital things to focus on than just handling your own financial records. Out consultancy takes care of your books, and this way, you can focus on operating your business and making profits out of it. Every month and year, we perform succeeding accounting procedures that include Bank Account Reconciliation, generating your Income and Expenditure Statement, and generating balance sheet clean. This way, we can ensure that you have no sleepless nights worrying about your incomplete accounts. 

Performing the following tasks forms the satisfactory base of your small business accounting system. Also, you will be able to add payroll, tax planning, and tax preparation to your service package.

We have a client-centric work culture, which is one of our biggest strengths to provide support to our CPA clients. We work in collaboration with CPAs for finalizing year-end accounts and delivering high-quality accounts in line with your working style. 


The "finalization of accounts" refers to checking and reconciling the books of accounts. The end of the year usually occurs when the ledger is closed. It is best to have checking and reconciliation accounts regularly, such as monthly or quarterly. The steps required are:
  • Bank account resolution
  • Generate your income and expense statement
  • Generate your balance sheet
  • Ledger clean up
  • Provide advice

"Books" are records of a company's financial transactions. The records are mainly used to produce reports to tell the owner how much money is flowing into their business.

The closing of the books means that these reports have been finalized. These final reports will show the financial position over a particular accounting time, whether a month or a whole year.

The main purpose of the closing process is to ensure that income or expenses from the previous accounting time are not carried over to the current accounting time, causing its figures to be inaccurate.

  Closing the books will help businesses assess financial statements that will give owners insight into the financial health of their business. Small businesses typically produce statements such as a balance sheet and income statement at the end of the year to view the financial position of their business as they assess for the upcoming year.

Small business owners will need to close their books at the end of the year to file their income tax returns correctly. Also, closing the books makes sure your bookkeeping system is good and produces accurate numbers on your tax return.

Registered office :
1900 N Bayshore Drive, Miami, FL 33132