Chart of accounts cleanup and reorganization.
Bank, credit card, and cash reconciliations.
Accounts payable and accounts receivable cleanup.
Clean-up of intercompany accounts and eliminations.
Fixed assets reconciliation and depreciation corrections.
Payroll and payroll tax data harmonization.
Journal entry correction and backdated adjustment entries.
Discovery and data collection: Gather historical books, charts of accounts, reconciliations, and trial balances
Reconciliation sprint: Methodical reconciliation of all General Ledger accounts, backups, and source documents.
Corrective entries: Apply accurate, well-documented journal entries.
Quality review and sign-off: Final pre-close review with a detailed findings report
Reconciled historical and current period General Ledger.
Updated chart of accounts and cost centers (if needed).
Cleaned AP/AR, vendor/customer data, and master data.
Reconciled bank statements and cash positions.
Monthly closing package with supported journal entries.
Error-free, auditable financial statements.
Typical engagement duration: 4–8 weeks for a full clean-up (vary by volume).
Interim milestones: Data collection, first-pass reconciliations, remediation, final sign-off.
Service Level Agreement (SLA) options: Ongoing monthly clean-ups or quarterly re-clean to maintain accuracy.