Services / Chart of accounts and setup repair
Chart of accounts and QuickBooks setup repair
Your chart of accounts is the structure every report stands on. When it grows without a plan, your reports become long, confusing and hard to trust. We rebuild it around how your business really operates.
Signs you need this
- You have several accounts that seem to do the same job.
- Most income lands in a single account.
- Account names mean something only to the person who created them.
- Personal and business spending are mixed together.
- Your income statement runs for pages and still does not answer your questions.
- Products, services and bank rules were set up once and never revisited.
How we do it
Map what exists
Every account is reviewed for what it holds, how it is used and whether it is still needed.
Design the structure
We outline a chart of accounts that fits your business and produces an income statement and balance sheet you can read at a glance.
Document before merging
Merging accounts in QuickBooks cannot be undone, so we record the before and after first.
Move transactions with support
Transactions are reclassified to the right accounts, with a record that traces each move.
Set up for the future
Products, services and bank rules are tuned so new transactions land in the right place.
What you receive
- A chart of accounts you can understand and explain.
- An income statement and balance sheet that answer your real questions.
- Duplicate and unused accounts retired with a record of the change.
- A CFO review of our setup repair before it reaches you.
Common questions
Will this change my past reports?
Reclassifying can change how past periods are presented, though the total result of the business stays the same. If a tax return has already been filed, we tell you what changed so your tax preparer can decide what it means.
Can I keep my own account names?
Yes. We build the structure around the way you talk about your business, so the reports read naturally to you.
Is this only for new files?
No. It is most often done on files that have been used for years, which is where the structure has usually drifted the most.
Related services
See what it takes to get your books right
Start for as little as $99*, or get your price in about a minute.
* The $99 starter covers one bank or credit card account in QuickBooks Online with fewer than 100 transactions in one month. Transactions are categorized and the account is reconciled for that month. Accountant access to your QuickBooks Online company is required. If we find anything beyond what is described here, we will let you know and quote it before doing any additional work.