Quickbooks Set-up
We will go through a thorough checklist together to identify pertinent information about your business to capture relevant information for a smooth setup. While Quickbooks is designed to be easy to understand, the setup is a critical part to get right to save yourself many headaches down the road. Some of the setup features include:
Quickbooks Set-Up Features
- Determination of your Quickbooks starting date.
- Set up the Custom Chart of Accounts
- Load your chart of accounts and balances as of that starting date
- Set up expense management files
- Walk you through how to access this information 24/7
- Identify which management reports will help you best run your business. We will also establish KPIs for tracking purposes.
- Link bank and credit card accounts to Quickbooks Online
$250 (1 time fee) plus Quickbook's monthly subscription fee. I can get you a 30% discount indefinitely.
Things can get hectic and help is needed at times. Let's work together to get your books back in order. A thorough review of the situation is needed before a pricing proposal can be generated. A clean up of the books generally entails the following items. This list is not intended to be all-inclusive, but to provide a broad overview.
Quickbooks Clean-up Includes:
- Review your accounts receivable and accounts payable:
Review your accounts receivable and accounts payable to ensure that all invoices and bills are recorded correctly, and payments are applied accurately. Make sure that all outstanding balances are accurate, and contact any customers or vendors with balances to collect or pay. - Clean up your transactions:
If you have duplicate transactions, unapplied credits or payments, or incorrect entries in your QuickBooks, it can make your accounting messy and inaccurate. Review and clean up your transactions to ensure that all entries are correct, and duplicate or incorrect entries are removed. - Review financial statements:
Generating things such as balance sheets, income statements, and cash flow statements in QuickBooks can help you understand your business's financial health. Review these statements regularly to ensure that your business is on track, and make any necessary adjustments to improve your financial position. - Review your chart of accounts:
The chart of accounts is a list of all your accounts in QuickBooks, and it helps you track your income, expenses, assets, and liabilities. Review your chart of accounts to ensure that all accounts are correctly categorized. - Reconcile your bank and credit card accounts:
Reconciling your bank and credit card accounts in QuickBooks helps you to identify any discrepancies between your QuickBooks records and your bank statements. This process will help you ensure that your books are accurate and up-to-date. - Perform inventory count and make necessary adjustments:
Reconciling your on-hand inventory to your books is critical at the start of the relationship. We can then track inventory through the system and perform periodic counts, or cycle counts, depending on inventory size, going forward to ensure we are capturing all transactions and help mitigate shrink.
Overall, cleaning up your accounting problems in QuickBooks requires careful attention to detail, a methodical approach, and a willingness to fix mistakes as they are discovered. We will work together to get you back on track.
