Catch-Up Bookkeeping, explained.
When bookkeeping stops for a few months, it is hard to restart. Statements pile up, the tax deadline gets closer, and the books no longer tell you anything.
Catch-up bookkeeping works through every missing month in order. Transactions are categorized, each month is reconciled before moving to the next, and at the end the books are current and ready for your tax preparer.
Once the books are current, many owners move to monthly bookkeeping so they never fall behind again.
What happens, step by step.
Collect statements
Bank, card and loan statements gathered for every missing month.
Categorize
Each month categorized using your business rules and receipts.
Reconcile month by month
Every month matched to statements before the next one starts.
Ready for taxes
Year-end reports your tax preparer can use.
Common questions
How far back can you catch up?
As far as statements exist. Many projects cover one to three years.
Can you meet my tax deadline?
The timeline is agreed after reviewing the file and the number of months involved.
What do I need to provide?
Statements for all accounts, and answers to questions about unclear transactions.