What's included

• Data Organization

  Gather and organize all financial documents, such as: Bank statements Credit card statements Receipts Invoices (issued and received) Loan or lease agreements

• Account Reconciliation

  Reconcile all bank accounts, credit card accounts, and other financial accounts for the specified period. Identify and resolve discrepancies (e.g., missing transactions, duplicate entries).

• Transaction Categorization

  Properly categorize all transactions (e.g., income, expenses, assets, liabilities).

• Financial Statement Updates

  Generate accurate and up-to-date financial statements: Profit & Loss (Income Statement) Balance Sheet

• Accounts Payable and Receivable Cleanup

  Review and update unpaid invoices and bills. Match payments to invoices and ensure AR/AP balances are accurate. Follow up on overdue invoices (if required).

• Adjustments and Corrections

  Record adjusting journal entries for errors, accruals, or depreciation. Write off uncollectible receivables or minor discrepancies.

• Reports

  Provide a detailed summary of what was cleaned up or corrected. Share insights or recommendations to improve financial management moving forward.