Bookkeeping Assessment Session

Bookkeeping Assesment Includes:

• Confirm Reconciliation Status of bank accounts, credit cards, and loans
• Review Unreconciled Transactions

BALANCE SHEET COMMON ISSUES

• Review of Undeposited Funds
• Review of Uncategorized Assets
• Confirm Sales Tax Liability
• Confirm AR Overdue and Uncollectible Items
• Review of Fixed Assets
• Review Negative Asset and Liability Accounts

P&L COMMON ISSUES

• Review of Uncategorized Income
• Review of Uncategorized Expenses
• Review of Categorization Consistency
• Confirm Payroll Expense accounts match to Payroll Tax and Wage summary
• Confirm 1099 Vendors are tagged and having filing information

CHART OF ACCOUNTS

• Evaluate organization and structure
• Correct terminology used for Type of Taxing Entity
• Recommendations for Change
• Review of Classes and Product Service Codes
• Review of Customer, Vendor and Employee Lists

We also offer personalized recommendations on best practice methods, workflow analysis, and technology solutions .