Catch-Up Bookkeeping: Behind on the Books?
Behind on your bookkeeping? A licensed Kentucky CPA rebuilds months or years of records, reconciles every account, gets late filings caught up, and then keeps the books current. Serving Southeastern Kentucky.
If your books are months or even years behind, I can bring them current. I gather the bank and credit card statements, rebuild the records, reconcile every account, sort out what's been filed and what hasn't, and hand you a clean set of books. Then the monthly routine keeps them that way. It's one of the most common ways I start with a new client, and it's never as bad as people fear.
How catch-up work goes
First we figure out where things actually stand: the last month that was reconciled, the last payroll filing, the last tax return. Then I collect the statements for everything since. The records get rebuilt month by month, every account gets reconciled, and I keep a list of questions for you about anything I can't tell from the paperwork. Most people are surprised how short that list is.
If payroll filings or other returns were missed, we get them filed. Penalties are usually smaller when you come forward than when a notice finds you, and I've dealt with the notices too.
What you get at the end
Books that are reconciled to the bank through last month. Financial statements for the period you were behind, which your tax preparer or lender will need. A clear list of anything still open. And a monthly plan so you don't end up here again.
What it costs
Catch-up work is priced on how many months and how many accounts, after I've seen the state of things. You get the price in writing before I start, and it's usually less than people expect, because I've done this many times and I'm fast at it.
Chris Bingham, CPA, MBA
Licensed Kentucky CPA. I spent more than twenty years as an accounting manager and controller for coal and manufacturing companies, and I’ve worked in Southeastern Kentucky since 1996. These days I keep the books for churches, nonprofits, coal operators, and small businesses across the region.
What people ask.
If your question isn’t here, call and ask. I’d rather talk it through than have you guess.
I've rebuilt several years of books. The further back it goes the more it takes, but it's always doable with bank statements in hand.
Related pages.
Want to talk it over?
Call, email, or send a note. Tell me a little about your church or business and I'll get back to you.