QuickBooks Clean-Up
If you own a small business and haven’t kept up your bookkeeping, don’t worry; we can help. We’ll clean up your books and have them ready for your tax preparer.
Typical Areas That Require Clean-Up
Undeposited Funds
Undeposited funds can accumulate if the QB user is not familiar with the AR and bank deposit process. We will review your bank reconciliation for accuracy and remove any UDF that may have occurred.
Accounts Receivable
Does the accounts receivable section of your QuickBooks say you have a lot due from your customers but you know they do not owe it? Maybe your payments were not properly applied, or maybe your customers paid you without being invoiced.
Bank Reconciliation Errors
Bank reconciliation errors can consists of many different things. Some examples are data entry errors/incorrect dollar amounts, mistakenly cleared transactions, and missing interest transactions. Alek Daniel will be able to sort these issues out and get your books clean.
Chart of Accounts Clean Up
We will review your current chart of account and determine what needs to be removed, renamed or consolidated. Once the chart of accounts is set up properly, your regular monthly accounting process will be easier to manage.
Bills & Accounts Payable
There are many issues that can occur with expenses, they could be coming up as negative or missing altogether. We review the transactions and make the necessary adjustments.
Payments on Account
If you are not an experienced Quickbooks user, you can easily ‘double pay” your venders with the accounting system. We can help you clean this up.
Other Areas
Other areas that may require clean up can include sales tax payable adjustments, loan accounts and interest, equity accounts and personal expenses, profit and loss accounting errors, cost of goods sold errors, inventory adjustments, and payroll liabilities.