GENERAL LEDGER CLEAN UP

Many times a small business does not have perfect books and records due to staff limitations or short on time. This can lead to a snowball of mess if the accounting is not correct from the start. We can help clean up your general ledger.

CLEAN UP

Having an incorrect general ledger is bad due to

1. Incorrect financial information

2. Future audits will be messy

3. Misstatements. We help clean up you general ledger by:

 

  • Analyzing all transactions
  • Recording adjusting journal entries for proper classifications

BEST PRACTICES / FOLLOW UP AUDITS

After the general ledger has been cleaned up, best practices can be written in place and periodic audits can be engaged to determine health. Benefits are:

 

  • Following best practices for general ledger accounting
  • Determine employees and systems are recording transaction correctly