
Some companies end and begin their new physical year at any time. It could happen in the middle of the month, or beginning of a new month. Some companies actually close that checking account out, and open a new one. WHY? Easier for audits, and reconciliation for the previous mth or year.
Yea you’ll have order new business checks, but at least you’ll be able to keep the company organized and reduce any accounting errors. So many ways to be organized and sometimes hard to remember all of them. The employees wont even relaize the change at all. It wont affect their deposits or the comapnies bills.