QuickBooks Diagnostic Service

Tune upFinally – get a clean set of books

Does your bookkeeping meet these standards?

A)   Your Chart of Accounts fits your business operation to ensure that all income and deductions are recorded

properly and your financial statements can be relied upon for tax preparation and making management decisions.

B)   Reconciliations have been performed not just for bank accounts, but also for income, expense, credit card, asset, and liability accounts such as payroll taxes and sales tax payable.

C) There are no old unresolved items sitting in receivables, payables, bank, and other balance sheet accounts.

D)  Tax return adjustments have been posted so that all accounts on both the profit and loss and balance sheets match previously-filed tax returns exactly.

E)   Fixed assets and depreciation expense are recorded properly and inventoried at least annually to insure the accurate preparation of the Unsecured Property Tax return.

F) Physical Inventory is taken at least annually and appropriate adjustments are made to the books.

G) Your written procedures effectively prevent or at least detect errors and irregularities. Staff and bookkeeper are trained and have written instructions for maintaining the books. A professional is consulted when there are unusual items.

H) Your financials provide you with budgeting, forecasting, and strategic planning that help you make your business more efficient and profitable.

I) You and your accountant regularly review the tax attributes of re-organizing your business as an LLC, Partnership, Trust, C Corporation, or Subchapter S Corporation.

Imagine the peace of mind that comes from knowing that your accounting records are 100% accurate and you are paying the lowest legal amount of income tax! As with any profession, some bookkeepers and accountants are just not doing the best job possible. It is my mission to find businesses who are receiving sub-par service and show them what a truly competent accounting consultant can do for them. As a special offer to Go Local members, I’ll review your books, give you a diagnosis, and provide you with a free no-obligation quote.