Catch Up/Clean Up
It is easy to lose track of the financial state of your business. Data entry is time consuming. Accounting and Bookkeeping software can be mystifying resulting in double entries and upside down balances. Categorizing your financial information can be confusing and when done inaccurately impacts how you calculate your bottom line.
Don't be embarrassed if your current bookkeeping consists of a shoebox full of receipts, a folder full of invoices and a collection of numbers rattling around in your head or a handful of handwritten financial notes, an Excel spreadsheet and an incomplete QuickBooks® report. We've seen it all!
We enjoy helping small businesses clean up their accounting and bookkeeping systems and bring them up-to-date. Our Business Assessment determines the most cost-effective approach to reuniting your business goals with your financial records and our Catch Up and Clean Up Services make that union complete.
You must have accurate and complete financial information to effectively run your business.
Reconcile and clean-up:
Bank, loan, lines of credit and credit card accounts
Accounts receivable and accounts payable accounts
Asset and liability accounts
Sales tax accounts and reporting
Equity accounts to accurately record ownership
Enter missing data
Reorganize Chart of Accounts to facilitate financial management through effective reporting
Create or complete asset schedules to facilitate tax and insurance fillings
Optimize QuickBooks© software utilization for existing software set-up
If your desire to clean up your accounting and bookkeeping is prompted by a tax audit, we'll be happy to assist.
We are happy to assist you and your CPA with the following services for tax audits:
Assistance with gathering back-up materials (receipts, contracts, invoices, documentation, etc.)
Coaching and preparation for the tax audit
Accompaniment to tax audit meetings (because we speak the lingo, we can assist by asking and answering questions)