• Steph McGuirt

How to know if you need a bookkeeping cleanup

Updated: Mar 11

Knowing your numbers isn’t a once a year thing for taxes. Those numbers have value year-round.


Each day, they tell you an essential bit of info about your business. Numbers give you insight and knowledge so that you can make the best decisions for your business right now.


So if you're done being in reactive mode with bookkeeping and you're ready to make a change, you're in the right place.




Getting your finances to a place where they’re up to date and accurate is the goal. With reliable numbers, you:


  • Know where you’ve been, where you are, and where you’re going. In building your financial history—you’re unfolding a unique story. You're able to see where things are going based on where you’ve been and where you are right now.

  • Feel good because it's effortless. With the right systems and support in place, that's exactly how it feels.

  • Breeze through taxes. This should be seamless and easy. Period.


And if the whole thing doesn't feel exactly like that right now, then you may need a bookkeeping cleanup.


You'll know that your bookkeeping needs cleaning up, if...


...your financial statements are showing higher revenue than you know you earned.

...accounts receivables dates back years and is way more than what is truly owed to you.

...there are negative balances on the balance sheet.

...your financial statements are pages long. (They should really be short & sweet. 1 page can capture everything.)



That's a start. If any of those are true for you, then having your bookkeeping reviewed is the next best step to take.


"But what happens if I don't take action on a file cleanup?"


Great question.


When issues don't get addressed, they compound. They'll keep showing up on the financial statements. The workflows get more frustrating. The data makes less sense. And a future cleanup costs more.


And if you have a goal of applying for business grants, loans, bringing on partners, investors, or eventually selling the business, then the data must be accurate and up to date. Simply, it has to make sense to outside eyes.


Partner with bookkeepers you can trust to get the job done right, and it's game on. This is where the biggest shifts happen—we see it again and again. When you're not worried about the money stuff, you get to enjoy your work.



Prepare for your consultation with a bookkeeper by using our free Discovery Call Prep guide. Grab your guide below and go into your next call ready and confident.



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