Catch-Up Bookkeeping
Months or years behind on the books? Hunter Green CPA reconstructs and reconciles your past transactions, corrects errors, and brings everything current for tax season or a fresh start.
What This Is
Catch-up bookkeeping is exactly what it sounds like. If your books are months or years behind, we go back through your bank statements, credit card transactions, and any records you have, reconstruct what happened, and bring everything current. By the end, you have accurate financial records that reflect your actual business history.
This work often happens as preparation for tax filing when a return is due and the books are nowhere close to ready. It also happens when an owner decides to get serious about understanding their numbers and wants to start fresh with ongoing monthly bookkeeping. Either way, the process is the same. We work through the backlog, fix what needs fixing, and hand you clean books.
Reconstruction
Reconstruction
We pull bank and credit card statements for the periods that need work and categorize every transaction. Where records are incomplete, we piece together what happened using available documentation. The goal is a complete picture of income and expenses for each month, even when the trail is messy.
Reconciliation
Reconciliation
Once transactions are categorized, we reconcile each account to make sure the books match the actual bank and credit card balances. This step catches errors, finds missing transactions, and confirms that what shows in your accounting software reflects reality. If prior work was done incorrectly, we fix it.
Why This Matters
If you are behind on your books, you are in good company. Most of the medical business owners we work with are still practicing clinically while running their business. You are seeing patients, managing staff, handling the hundred small emergencies that come up every week. The bookkeeping is important, but it is rarely urgent until suddenly it is. There is nothing unusual or embarrassing about falling behind. It happens to thoughtful, hardworking people all the time.
The problem is that messy books create real problems when you need them to be accurate. Tax deadlines arrive and your accountant cannot file without numbers. You want to apply for a loan or line of credit and the bank asks for financial statements you cannot produce. You suspect a service line is losing money but you have no way to confirm it. Getting caught up solves all of these problems and puts you back in control.
Tax Season Pressure
Tax Season Pressure
Tax returns require accurate financial records. When your books are months behind, tax season becomes stressful. Your CPA cannot prepare your return without knowing your income and expenses. Extensions only delay the problem. Getting caught up before filing means your return is based on real numbers and you can plan around what you actually owe.
Visibility Into Your Business
Visibility Into Your Business
Behind books mean you are running blind. You might know roughly how the business is doing, but you cannot see which services are profitable, whether expenses are creeping up, or how much cash you actually have to work with. Once the books are current, you have the numbers you need to make informed decisions.
What Changes
When the catch-up work is complete, you have accurate books that reflect your business history. Bank accounts are reconciled. Transactions are categorized correctly. Your financial statements show real numbers you can trust. If you need to file taxes, your records are ready. If you need to show financials to a lender, you have them. The backlog is gone.
For many clients, catch-up bookkeeping is the first step toward staying current going forward. Once the past is cleaned up, monthly bookkeeping keeps you from falling behind again. The Bookkeeping and Tax Package bundles ongoing bookkeeping with your annual tax returns so the same CPA who knows your books prepares your returns. If you are ready to get your books in order and keep them that way, reach out to schedule a consultation.
Ready for Tax Filing
Ready for Tax Filing
Clean books mean your tax return can be prepared accurately and on time. No more scrambling to piece together numbers at the last minute. No more guessing at deductions you might have missed. Your CPA has what they need to file your business and personal returns correctly.
A Starting Point for Staying Current
A Starting Point for Staying Current
Getting caught up is the hard part. Staying current is much easier once the foundation is in place. Monthly bookkeeping builds on the clean starting point we establish, so you always know where the business stands and you never have to dig out of a backlog again.
Your Trusted CPA
Next Step:
A Short Conversation
Tell us about your business and what you need help with. We'll ask a few questions, explain how we can help, and tell you exactly what it will cost.