I Am Your Virtual Bookkeeper

Curious about Quickbooks Online historical cleanups? Let’s chat as these are my jam! ?? This one hurt a bit though seeing over $10k noted in the account that shall not be used aka **gasp** RECONCILIATION DISCPREPENCIES ?? Keep reading for some diagnostics on this doozy of a project ???? It’s gonna be fun! ?? Maybe because I love puzzles ?? “Historical Cleanups” are my favorite piece of the bookkeeping puzzle ?? There is something about taking the giant mess that makes no sense with the numbers flailing about all Willy Nilly then turning it into clear accurate financial reports I can present to the client. I always include a diagnostic report sent with current state of financials when beginning a clean up project. This is the email of issues I found in a quick 30 minute diagnostic. Multiple inaccurately setup accounts posted as bank but are expenses and CC payments posted incorrectly to a BANK account that doesn't exist. “CC Payment” was setup as a BANK - Does not need its own account, this should post to the CC as a credit from the bank for payments. Recategorized and inactivated erroneous account. “0” setup as a BANK - Inactivated (No transactions) “Bank Service charges” setup as a BANK - Revised account type to “EXPENSE” from “BANK” “QB Accounting” - setup as a BANK - moved to bank charges - inactivated - removed payee that is same name as account? What are these? “QB Accounting Fee” - setup as a BANK - moved to bank charges - inactivated - removed payee that is same name as account? What are these? A/R balance of $29 for (2) 2020 Square invoices? “Bill Pay” - setup as a BANK- need to reclassify accordingly, moved to Uncategorized for now Farm CC bank feed last updated 2022 - Last reconciled 12/2021 CB Bank account feed needs updated (user info may have changed) - last connected 02/2025 - last reconciled 10/2024 - cleanup required as beginning balance is off by $6,953.25 at this time, there are multiple past entries that remain unreconciled dating back to 2021 & $10686.99 in reconciliation discrepancies (There should not ever be reconciliation discrepancies on your P&L)

BOOKKEEPER (or BOOKKEEPING), the only common words with a consecutive triple double. #FunFacts

Please don’t load bank statements into Chat GPT, ya all. ~A Concerned Bookkeeper

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Wondering what to pull from Bench (providing you get access) If you have multiple years to retrieve, pull each separately filtered by the respective year. - Trial balance - General ledger - Profit and loss detail - Balance sheet detail - A/R report detail - A/P report detail - Vendor list - Client list I specified “detail” because you can generally do a “summary” type report or “detail” and in this case, the details are crucial for accuracy.

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Do you need help with Quickbooks Online? I Am Your Virtual Bookkeeper is here to assist you. Connect with a certified Advanced ProAdvisor to elevate your bookkeeping with expert Quickbooks Online guidance. Visit https://lnkd.in/gbm36gjq to schedule a free consultation today!

Historical cleanup for Quickbooks online is our specialty, let us get you caught up & bring in the new year with clean accurate financials! ??

Do you need help with Quickbooks Online? I Am Your Virtual Bookkeeper is here to assist you. Connect with a certified Advanced ProAdvisor to elevate your bookkeeping with expert Quickbooks Online guidance. Visit https://lnkd.in/gbm36gjq to schedule a free consultation today!