Bookkeeping Clean-Up
When it’s time to sit down and make financial decisions about your business, it’s CRUCIAL that you have a clear view of what’s going on in your accounts.
After all, messy books can lead to:
- difficulty in tracking expenses and revenue
- increased risk of errors and fraud
- incurring penalties for late or inaccurate taxes
- inability to secure loans or attract investors due to lack of clarity
- potential legal issues due to non-compliance with regulations
- damage to your business’ reputation and credibility in the market
- wasted time trying to rectify all of the mistakes
Unfortunately, that’s just the start of it. The longer this goes on without fixing, the deeper the hole you dig for yourself and that business you worked so hard to build.
And to make a bad situation even worse: the deeper the hole goes, the harder it is to climb back out of it. (At least, on your own.)
Put down the shovel, friend. The clean-up crew is here.
Let’s get this cleaning party started
Allow me to introduce your new best friend:
The Comprehensive Clean-Up Combo
Okay, okay. I don’t really call it that. But it sounds, cool, right? What really matters is what it can do for you.
Simply put, we’ll zero in on the problem areas, I’ll make some number-crunching magic, and we’ll have your books spick-and-span before you can say “streamlined chart of accounts”.
This service is perfect for you if:
- Your finances are all a mess and you can't make sense of up from down
- You're way behind on recording transactions, reconciling accounts, and preparing financial statements
- You're having trouble keeping track of financial documents
- You're getting fined penalties by the IRS
- You're unable to make competent decisions because you're in the dark on what's happening with your finances
What Is It?
Comprehensive Clean-Up
- Comprehensive Diagnostic Review to pinpoint issues
- Pre-recorded video with my findings that is yours to keep for your reference
- Customized plan that targets the issues uncovered in the diagnostic review
- Streamlined chart of accounts according to industry standards and your specific business needs
- All accounts reconciled, all transactions recorded and categorized according to the chart of accounts that was created for your business
- Clean reports that paint an accurate picture of your business’ finances so you can make competent decisions moving forward
- Live Q&A going over what actions were taken and to answer any questions you may have
- BONUS: pre-recorded video detailing bookkeeping best practices that is yours to keep for your reference
How it works
STEP 1
Book Your Diagnostic Review
In the diagnostic review, I’ll dig deep to zero in on what the issues are in your bookkeeping and determine the underlying causes of those issues. This allows me to asses the health of your QuickBooks data and get a clear scope of what work needs to be done.
After the diagnostic review, you’ll receive a pre-recorded video detailing my findings (this is yours to keep for your reference). You’ll also receive a customized plan and proposal with a detailed, transparent breakdown of how I plan to fix the issues and what the plan will cost you.
$479
STEP 2
Clean-Up
Once we’ve gone over the plan and you’ve accepted the proposal, it’s go time.
I’ll implement your personalized plan to:
- Create a streamlined chart of accounts according to industry standards and your specific business needs
- Reconcile all bank and credit card accounts
- Record and categorize all transactions
- Tackle any other issues that may have come up during the Diagnostic Review
Prices vary based on individual business needs.
STEP 3
Report
In the end, you’ll be left a fresh start and accurate reports that paint a clear picture of your business’s finances.
You’ll receive a live one-on-one Q&A with yours truly so we can go over everything that was done and clear up any questions you may still have. You’ll also receive a pre-recorded video detailing bookkeeping best practices (this is yours to keep for your reference).
Frequently Asked Questions
Unfortunately, it’s all or nothing. Reconciling only a few accounts might leave discrepancies elsewhere, impacting the overall accuracy of your financial records. To ensure comprehensive accuracy and integrity, committing to a cleanup of all accounts allows us to address any inconsistencies and provide a reliable foundation for your financial management.
Completing a diagnostic review allows us to understand the specific needs, complexities, and potential challenges of your accounts. Without this initial assessment, providing an accurate proposal for cleanup services would be like prescribing a treatment without fully understanding the patient’s condition. The diagnostic review ensures our proposal is tailored to your unique situation, leading to a more effective and transparent cleanup process.
The duration of a cleanup service depends on various factors such as the complexity of your accounts, the volume of transactions, and the extent of discrepancies present. After conducting a diagnostic review of your accounts, we can provide a more accurate estimate of the time required to complete the process.
The diagnostic review is a flat rate of $479, regardless of your business’s size and number of accounts. Once I complete the diagnostic review and get a better understanding about what we’re working with, you’ll receive a proposal for cleanup services based on your unique needs which will provide a transparent breakdown of the costs involved and the work that will go into cleaning up your books. This proposal varies depending on factors such as the size of your business, the complexity of your financial records, and the amount of discrepancies needing to be addressed.
A thorough cleanup of your books ensures that your financial records are accurate and up-to-date, providing a clear picture of your business’s financial health. This clarity enables better decision-making, facilitates compliance with tax regulations, and enhances credibility with stakeholders such as investors, lenders, and clients. Ultimately, having clean and reliable books can lead to improved financial management, increased efficiency, and better overall performance for your business.
I prioritize the security and confidentiality of your financial data through multiple measures. I adhere to strict protocols, including encrypted communication channels and restricted access to sensitive information. Your trust is paramount to me, and I take every precaution to safeguard your data against unauthorized access or breaches.
Unfortunately, no. I’m a certified QuickBooks Advisor and work exclusively with this software for several reasons:
- Industry Standard: QuickBooks is widely regarded as the industry standard for small and medium-sized businesses, ensuring compatibility with various financial institutions, accountants, and third-party applications.
- Ease of Use: QuickBooks offers user-friendly interfaces and intuitive features, making it accessible for business owners with varying levels of accounting knowledge.
- Comprehensive Features: QuickBooks provides a comprehensive suite of accounts tools, including invoicing, expense tracking, payroll management, and reporting, covering the essential needs of most businesses.
- Scalability: QuickBooks offers scalable solutions that can grow with your business, accommodating increasing transaction volumes and expanding needs over time.
- Integration Capabilities: QuickBooks seamlessly integrates with a wide range of third-party apps and services, allowing for enhanced functionality and customization to suit your specific business requirements.
Overall, my exclusive focus on QuickBooks allows me to maximize efficiency, streamline processes, and provide unparalleled support to you.
Psst…not using QuickBooks but want to make the change? Click here to learn more about how I can help you make the transition.
Yes, you absolutely can!
However, here are some reasons why you would want a professional (aka yours truly) to handle it:
- Expertise: Professionals have extensive experience and expertise in identifying and rectifying discrepancies, ensuring a thorough and accurate cleanup process.
- Time-Saving: Outsourcing the cleanup to professionals frees up your time to focus on running your business, rather than spending hours reconciling accounts and troubleshooting errors.
- Efficiency: Professionals utilize efficient tools and methods to expedite the cleanup process, reducing the time and effort required compared to DIY efforts.
- Accuracy: Professionals are meticulous in their approach, minimizing the risk of overlooking discrepancies or making errors that could impact the integrity of your financial records.
- Compliance: Professionals stay updated on relevant regulations and compliance requirements, ensuring that your cleanup is conducted in accordance with legal standards and best practices.
- Peace of Mind: Entrusting the cleanup to professionals provides peace of mind, knowing that your financial records are being handled with precision and care, reducing stress and uncertainty.
Ultimately, while you have the option to do the cleanup yourself, leveraging the expertise of professionals can result in a smoother, more efficient process and ensure the accuracy and reliability of your financial records.