Accounting Clean-Up
Get Accurate, Timely, and Relevant Financial Data for Your Business
GET A FREE CONSULTATIONAccurate Financial Records are Important for the Growth and Stability of Any Business
At NOW CFO, we specialize in accounting clean-up services that give your business a solid financial foundation. If your books are disorganized or outdated, our team will tackle the heavy lifting so you can focus on running your business.
GET A FREE CONSULTATION
Thorough Audit of Existing Bookkeeping Records
Up-to-Date Financial Records and Reconciliation
Bank Account and Credit Card Reconciliation
Accurate, Detailed Financial Visibility
Our team works meticulously to bring your books up to date, eliminating any gaps or discrepancies that could impact your decision-making or future financial strategies.
Why Choose NOW CFO for
Accounting Clean-Up?
As a business owner or decision-maker, you need a reliable partner who understands the complexities of accounting and financial management. With NOW CFO, you get more than just clean books; you gain insight into the financial health of your business. Our accounting clean-up services include:
GET A FREE CONSULTATIONThe Benefits of Professional
Accounting Clean-Up
Outsourcing your accounting clean-up to professionals makes sure
that your financial data is current and accurate.
Avoid Stress During Tax Season
With organized records, you’ll never face the last-minute rush before tax filing.
Make Informed
Business Decisions
Full financial visibility allows you to make strategic decisions based on real-time data.
Save Time and
Resources
Let our experts handle the financial cleanup so you can focus on growing your business.
Reconcile All Bank Accounts
Our team will categorize all transactions from your bank feed into appropriate categories like vendor payments, customer receipts, overhead, and supplies. This process makes sure that all cash movements are recorded accurately.
Identify and Address Exceptions
Any transactions that do not fall into standard categories are flagged and discussed with you. We resolve any anomalies or outliers by confirming the correct categorization of each transaction.
Create Cash-Basis Financial Reports
Once the accounts are reconciled, we generate cash-basis reports, such as the income statement, balance sheet, and P&L statements, for the periods that need to be caught up.
Transition to Accrual Accounting
(If Necessary)
For businesses that are ready for growth, we can help transition your records to accrual accounting, which follows Generally Accepted Accounting Principles (GAAP). This method provides a more accurate picture of financial performance over time.
How Does Our Accounting Clean-Up Process Work?
At NOW CFO, we have a systematic approach to accounting clean-up that manages every aspect of your finances to be in order.
Cash-Basis vs. Accrual Accounting: Which One Works Best for Your Business?
Understanding the difference between cash-basis and accrual accounting is key to choosing the right method for your business.
Not Sure Which Accounting Method You Need?Cash Basis
- Best suited for small businesses, this method records revenue and expenses only when money is received or paid.
- It’s straightforward and easy to maintain.
VS
Accrual Accounting
- This method records revenue and expenses when they occur, regardless of cash flow.
- It provides a clearer, long-term picture of your business’s financial health.
Get Started with NOW CFO’s Accounting Clean-Up Services
At CFO, we are committed to providing your business with the most reliable accounting clean-up services in the USA. From up-to-date bookkeeping to complete financial overhauls, we’ve got you covered. Our team of expert accountants will work diligently to keep your financial data accurate, up-to-date, and ready for business growth.
We provide outsourced, fractional, and temporary CFO, Controller, and operational accounting services that suit the needs of your business.
- Hourly Rates
- No Hidden Fees
- No Long-Term Requirements