Even if you decide to manage your own bank feed categorizations in QuickBooks Online, having your accountant reconcile your bank, credit card, loan and Balance Sheet accounts in QBO will create an instant checks and balances system for you while saving you time and money. There are many common errors that happen during the bookkeeping process that make it difficult to reconcile your accounts. Members of the QuickBooks ProAdvisor Program are trained to find and fix errors in QuickBooks Online, whether simple or complex. Keeping your books clean and reconciled each month is important for year-end tax preparedness. You can save more than 4 hours per month by having Lend A Hand Accounting reconcile your QBO accounts.
Your Accountant Sends Notifications for Missing Transactions
With Account Reconciliation Services, your accountant will send notifications to let you know that there are missing transactions in your account registers that will show up on your client dashboard. Your accountant will review all the transactions on the monthly account statements and reconcile them with your QBO account registers. If you have not selected our Bank Feed Categorization services, you will need to upload your missing transactions into to your bank feeds and categorize them before they can be reconciled by your accountant. All transactions need to be added to your account registers to obtain a correct beginning balance so that your accounts can be reconciled. Your accountant will also notify you when there are reconciliation discrepancies.
Your Accountant Reconciles Accounts to Statement End Balances
Your accountant will send monthly notifications requesting your account statements that will show up on your client dashboard. You can upload account statements into a folder within your secure document upload portal or email them directly to your accountant. Each month, your accountant will reconcile all QBO bank, credit card, loan, point-of-sale and Balance Sheet accounts to their statement end balances. Your accountant will enter monthly bank fees or finance charges and record any reconciliation discrepancies. If beginning balances are not correct for periods prior to the start date of your account reconciliation services, your accountant with notify you and may recommend our Good-Bookkeeping Audit & Clean-Up™service.
Your Accountant will Provide Monthly Reconciliation Reports
Once your monthly account reconciliations are complete, your accountant will upload detailed account reconciliation reports into the From My Accountant folder located in your secure document upload portal. Any reconciliation discrepancies that are outstanding will be noted in your reports.
Your Personal Guide to Seamless Accounting: Advanced QuickBooks ProAdvisor at Your Service
Hey there! I’m Gina, and I’m the proud co-founder of Lend A Hand Accounting. Why did I start this? Well, I believe that everyone should have access to affordable, efficient, and flexible accounting and bookkeeping services. It’s all about making sure these essential services fit snugly into your budget without any fuss.
We’ve ditched the traditional hourly rate system and adopted a flat fee pricing. You might be wondering, “Why does this matter?” Well, this way, you know exactly what you’re paying for upfront and there are no unexpected surprises. You get to pick and choose the accounting services you need, like a customized menu. And the best part? You’re in complete control of when you start or stop using our services. We’re essentially just a call or a text away, no need for endless phone calls or draining trips to the accountant’s office.
I’m not just any accountant though. I’m an Advanced QuickBooks Online ProAdvisor. That means I’m equipped with advanced expertise and resources to help you leverage QuickBooks Online to its full potential. My goal is to make your accounting process smooth and efficient so you can focus on what you do best – running your business.
Ready to get started? Reach out to me directly at 360-637-4799. We can even kick things off immediately if you’re ready. Simply create a free account, and I can instantly take a look at your books and let you know where you stand.
At the end of the day, we’re here to serve you. We really appreciate the trust you place in us and we’re eager to meet all of your accounting and bookkeeping needs. Looking forward to being part of your team!
Take care,
Gina
The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
