A client receives their monthly P&L. Revenue is up 12% over the same quarter last year. Expenses look reasonable. Nothing jumps off the page. The report gets emailed. The...
Bookkeeping
A bookkeeper finishes categorizing three months of transactions for a restaurant client. She reconciles the bank account, checks the GST/HST coding, and moves the file to the reviewer’s queue....
Last month I pulled up a client file and found $14,200 sitting in a suspense account. The oldest item was eleven months old. Nobody could tell me what it...
A bookkeeping file can be reconciled, categorized, and technically complete without being ready for client delivery. The bank reconciliation ties out. Transactions have categories. The trial balance isn’t screaming....