Financial cleanup and reporting
Your books are behind. That is fixable.
A one-time project to catch the books up, fix what is wrong underneath them, and hand you financial statements you can actually use. Fixed fee, defined end date.
The problem
It got behind, and then it got embarrassing.
Almost nobody lets their books slide on purpose. A bookkeeper left. A busy season ran long. Something got categorized wrong in March and by August nothing reconciles. Then it becomes the thing you do not want to look at, which makes it worse, which makes you want to look at it less.
I have seen this in a lot of businesses and I will say the useful part plainly: it is more common than you think, it is not a character flaw, and it is one of the more fixable problems a business can have.
Why it matters
Everything else is waiting on this.
You cannot file an accurate return on books that do not reconcile. You cannot borrow, because the first thing a lender asks for is three years of financials. You cannot tell whether you are actually making money, so pricing and hiring decisions get made blind. And you cannot get any real financial help, because an advisor cannot analyze records that are not there.
Cleanup is not the interesting work. It is the work that has to happen before any of the interesting work is possible.
What the project includes
- Catch-up of unrecorded transactions from bank, card, and loan statements
- Bank, credit card, and loan reconciliation through a defined close date
- Chart of accounts cleaned up and restructured to match how the business actually runs
- Correction of miscategorized transactions and duplicate or missing entries
- Opening balances established and tied out
- Accounts receivable and payable aged and reconciled
- A clean set of financial statements as of the close date
- A written summary of what was wrong, what was fixed, and what to watch
- Handoff notes so your bookkeeper can keep it clean going forward
Who this is for
- Small businesses from roughly $500K in revenue up
- Owners who are months or years behind and need a reliable starting point
- Businesses that lost a bookkeeper and inherited a mess
- Anyone preparing to borrow, sell, or bring in a partner who needs the numbers to hold up
- Owners who want a Financial Assessment but whose books are not yet in shape to analyze
What this is not
- An audit or any form of assurance engagement.
Common questions
Before you call.
Is this the same as hiring a bookkeeper?
No. A bookkeeper is an ongoing role that records transactions month after month. Cleanup is a project with a defined scope and an end date: catch the books up, fix what is wrong, and hand back a reliable starting point. After that, Tablerock can work with your existing bookkeeper or provide and manage the accounting support needed to keep the close accurate.
Do you take over the bookkeeping afterward?
Cleanup ends when the books are clean. What happens next depends on what the cleanup turns up: Tablerock can work alongside your existing bookkeeper, or provide and manage the accounting support required for an accurate monthly close.
How far behind is too far behind?
There is no such thing. Three years of unreconciled accounts is a longer project than three months, not an impossible one. What matters more than how far behind you are is whether the underlying records exist, and bank and card statements are usually enough to rebuild from.
What does it cost?
Fixed fee, quoted after a short look at the actual condition of the books. I will not quote a cleanup without seeing what is in there, because the honest answer depends entirely on what we find.
What happens if you find something bad?
I tell you. Cleanup occasionally surfaces uncollected receivables, unfiled payroll tax, sales tax exposure, or transactions nobody can explain. Finding it now is better than a lender, a buyer, or a taxing authority finding it later.
Next step
Tell me how bad it is.
No judgment and no lecture. A short call, a look at the books, and a fixed quote.