What belongs in a Taiwan year-end cut-off pack

When December closes, most delays in a financial audit do not come from exotic accounting questions. They come from missing cut-off evidence: goods shipped but not invoiced, invoices recorded without matching delivery notes, and bank transfers that straddle midnight on the 31st.

For companies operating in Taiwan, a useful cut-off pack starts with three schedules. First, a sales cut-off list showing the last five invoices of the old year and the first five of the new year, each tied to a delivery or service completion date. Second, a purchases cut-off list with supplier invoices and goods receipt notes. Third, a cash cut-off schedule that reconciles the general ledger cash accounts to bank statements including outstanding cheques and deposits in transit.

Inventory adds a fourth layer. If you hold stock in Tamsui, Taoyuan, or a third-party warehouse, note the count date, the people present, and any shipments between the count and year-end. Auditors use that bridge to test whether units moved without a matching journal.

Related-party balances deserve their own page. List intercompany receivables and payables with the counterpart entity name, currency, and whether the balance was confirmed. Taiwan groups often settle these late in January; documenting the timing prevents last-minute surprises in fieldwork.

Keep the pack in one shared folder with clear file names. When your auditor arrives or dials in from our Tamsui office, the first hour should be spent sampling, not hunting for documents.