QuickBooks Online “Deep Dive” Service Details

We use our many years of experience in financial statement analysis to look hard at your QuickBooks Online financials. This service would also apply to other common small business software, like Xero Software, or FreshBooks Software.

Here’s what’s included in your QuickBooks Accounting Software “Deep Dive” of your financial records:

In-depth review of your current QuickBooks Online Accounting software.
We review every account on your balance sheet to make sure accounts are in order or may need some attention.
We confirm that the Accounts Receivable balance amount on the Balance Sheet equals the Accounts Receivable Aging report.
We confirm your Accounts Payable balance amount on the Balance Sheet equals the Accounts Payable Aging report.
We review the status of "bank transactions" to determine how many pending or excluded transactions have not been taken care of. We also let you know the last date the bank transactions were posted.
We review your Profit and Loss Statement in detail (including a Month-by-Month review for the last 12 months) for accounts that stand out and/or may need attention.
We review when the last time Bank and Credit card reconciliations were completed.
We look for possible errors in accounts and/or transaction miscoding’s.
Then we deliver a Detailed Summary Report of our findings, along with any potential issues to address and/or correct or improvements we’d recommend for you.
Your Report is normally delivered 2-3 days after the assessment is completed.
We then schedule a half-hour Zoom call with you to go through our findings in the QuickBooks Deep Dive Report and make recommendations. We’ll then discuss next steps with you.

We review every account on your balance sheet to make sure accounts are in order or may need some attention, such as:

aa.Undeposited Funds?
ab.Debits and/or Credits in wrong balance sheet accounts?
ac.Uncategorized Assets or Liabilities

This service is only $497.00. A small price to pay if you want to know what shape your records are in. The Report definitely let’s you know the shape your records are in. It also let’s you know the quality of the work of the firm currently doing your accounting and/or bookkeeping.

We always find something in our reviews that needs your attention and/or correction.