While regular bookkeeping involves recording financial transactions as they occur, catch-up bookkeeping focuses on going back in time to fill in the gaps. It’s more intensive and requires a detailed review to reconcile past errors or missed entries. The process may involve scrutinizing numerous documents and can take longer, depending on how far back the records are missing. In fact, the more you can prepare and organize before you start the process, the smoother things will go. Don’t limit your timeframe to when your books started to unravel.

• Bid farewell to overwhelming stacks of paperwork and tiresome manual tracking—Bench automates inputs directly from your connected accounts.
• These ongoing bookkeeping strategies are intended to keep pace with the normal flow of business.
• Running a business comes with many challenges, and keeping up with bookkeeping can easily fall by the wayside.
• Get your free Financial Health Score today, and join hundreds of entrepreneurs who are on track to healthier books.
• Stay on top of your financial game with timely updates that provide a comprehensive view of your financial landscape.

Get your books back on-track (without the stress)

If your business has employees, you’ll need to file Form W-2. If you paid an independent contractor more than $600 over the course of a year, you’ll need to use two documents. They’ll complete their tax information and return it to you. You’ll then use this data to file Form 1099-MISC with the IRS.

We’ll handle your taxes for you.

Catch up bookkeeping can show the state of your business’s general financial health. During this process, you may discover the areas of neglect that need immediate attention and correcting. You may even find a financial knot in one of your processes that has been holding you back from scaling your business as quickly as you want to. Running a business is demanding, and keeping track of your finances can be a never-ending chore. Many business owners need help with the complexities of bookkeeping, which can leave them frustrated and behind.

– Recoup 20+ hours every month

From preparation to filing and everything in between, we’re your one-stop-shop to a stress-free tax season. Then, your xendoo Bookkeeper will work with a dedicated team of catch up experts to complete your overdue books. Each month of historical bookkeeping is peer-reviewed to ensure total accuracy. In short order, your books will be tax-ready and up-to-date. Our intuitive software automates the busywork with powerful tools and features designed to help you simplify your financial management and make informed business decisions.

• Quickbooks Online is one of the most popular accounting software out there.
• We deliver your online bookkeeping between the 15th and 20th of each month.
• They’re experts at it, and every month of historical bookkeeping is peer-reviewed to ensure total, tax-ready accuracy.
• Your financial performance can be used to set long-term and short-term goals, indicating when you’ve reached these benchmarks.
• We are QuickBooks Pro Advisors & provide training and consulting to our clients.

Quickbooks Online

Whether you’re a tech start-up in Columbus’s Innovation District or a thriving restaurant in the Short North, Bench is here to recording transactions support your Buckeye business. You will receive a customized chart of accounts and your Quickbooks Online will be tailored to the needs of your contractor business. As part of the process, we will also make sure the products and services list matches what you offer.

Your catch up bookkeeping services dedicated team supports you through the entire process. With your own point of contact and frequent check-ins, you won’t be alone. Learn more about Bench, our mission, and the dedicated team behind your financial success. Have you hired any independent contractors during the tax year? If so, you’ll need to distribute the appropriate tax documents before the end of the year.

• That’s why we send a financial package for each year of catch up.
• Regardless of whether you’ve kept your financial data well-organized and stored on a hard drive or out of sight in filing cabinets, we can work with you to clean up your bookkeeping.
• We get to know your business and customize our monthly online bookkeeping processes to your needs and wants as a digital business.
• The bookkeepers at Steph’s Books in Chicago have the knowledge and experience to put your business’ books in top shape.
• We’ll dive into the nitty-gritty of your financial records, pinpoint any discrepancies, and bring your books up to speed.
• You can think of it as a bookkeeping-specific client portal.

Small Businesses

These ongoing bookkeeping strategies are intended to keep pace with the normal flow of business. If you get books caught up before you file your taxes, the tax preparation process will be simple and straightforward. Plus, you’ll be in a better position to receive tax deductions based on business expenses from the past year. Bench offers bookkeeping services for your business in Columbus, Ohio.

We are QuickBooks Record Keeping for Small Business Pro Advisors & provide training and consulting to our clients. I love helping small business owners make sense of their numbers so they can make the right decisions that help grow their business. We scope out the project based on our checklists, best practices when you need the books to be cleaned up by as well as how much data we need to review and correct. Let our professional team help you get caught up if you’ve fallen behind or clean up if your books have gotten messy.