Year End Procedures

Year Ending Procedures (Owner / Lead Operator) 

 

    • Create “New Merch Costs and Profits” for each location

    • Create “New Orders Placed Orders Received” for each location

    • Send Accountant new “Merch Costs and Profits” and “Orders Placed Orders Received” links for each location. Add accountant email to “Share.” Put as “Viewer”

    • Update all links on S1X Daily Checklist and Location Assistant Checklists (New Merch Costs and Profits / New Orders Placed Orders Received)

    • Update all employee PTO / Time off trackers (Connectteam)

    • Collect Year-ending merch count from all locations

    • Send dollar amount of all in stock merch for each location to the accountants

    • Payout unused PTO

    • Receive Completed Manager Year-End Checklists from each Location Leader

    • Dispose of/Destroy of Expired Paperwork/ Agreements

    • Get updates on employees’ new healthcare rates. Adjust their deductions from their checks and adjust the transfer amounts going to the Bay City location. 

 

Owner 

    • Figure miles for travel to other locations. Have other locations reimburse Bay City. Inform both accountants.

    • Goal Setting Speech at the first corporate meeting of the year