Bookkeeping and payroll for small businesses across central Virginia.

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My Last Bookkeeper Left My Books in Bad Shape. Can You Fix Them?

Yes. This is one of the most common situations we walk into. A bookkeeper quit, got fired, or just stopped doing the work properly, and now the books are a mess. It happens more often than you’d think.

The problems usually look similar. Transactions dumped into wrong categories for months. Bank accounts that haven’t been reconciled since who knows when. Credit cards that don’t match statements. Accounts receivable that shows customers owing money they already paid. Payroll liabilities that don’t tie out. The balance sheet doesn’t balance and nobody can explain why.

Cleaning up books starts with figuring out how bad it actually is. Sometimes it looks worse than it is and a few days of focused work gets everything straight. Sometimes it’s genuinely a disaster that takes weeks to untangle. We look at what’s there, tell you honestly what we’re dealing with, and quote a price to fix it.

The work itself is tedious but straightforward. We reconcile every account going back to the last time things were accurate. We reclassify transactions that were categorized wrong. We track down missing information. We rebuild reports that should have been maintained. By the end, your books reflect what actually happened in your business.

Some damage can’t be fully undone. If your previous bookkeeper didn’t keep source documents, we can only work with what exists. If transactions were recorded without any notes or context, we sometimes have to make educated guesses and document our assumptions. We’ll tell you where the gaps are and what we did to address them.

Once the cleanup is done, we move into monthly bookkeeping so it doesn’t happen again. The value of clean books only lasts if someone maintains them. Letting things slip puts you right back where you started.

The cost of cleanup depends on how far back we need to go and how messy things got. A few months of neglected books costs less than two years of actively bad bookkeeping. We quote the cleanup as a separate project so you know exactly what you’re paying before we start.

Greater Richmond's Small Business Bookkeeper

The Next Step:
A Short Conversation

Fifteen minutes to tell us what you're dealing with. We'll let you know how we can help and give you a clear price quote.

More Questions

Do I need to charge sales tax on labor and installation?

It depends on what you're selling. If you're selling products and installing them, the labor is usually taxable with the materials. If you're providing a pure service without selling goods, the labor is often exempt.

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What financial numbers should I review before hiring?

Review your cash reserves, monthly revenue trends, profit margins, and the true cost of employment before hiring. You need enough cash to cover several months of payroll and consistent revenue to support the ongoing expense.

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What happens if I don't keep good financial records?

Poor records lead to expensive tax prep, missed deductions, IRS audit risk, and cash flow surprises. Banks won't lend without clean financials, and selling your business becomes nearly impossible.

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Why do my bank statements never match my books?

Usually it's timing differences, missing transactions, or data entry errors. Outstanding checks, unrecorded bank fees, and duplicate entries are the most common culprits.

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What documents do I need to provide for catch-up bookkeeping?

Bank statements are the foundation. Credit card statements come next. Receipts, invoices, and payroll records help fill in the details, but you don't need perfect documentation to get started.

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What is sales tax nexus and does it apply to me?

Nexus is the connection between your business and a state that requires you to collect sales tax there. Most local service businesses only have Virginia nexus, but if you sell products online or into other states, you may need to collect and remit sales tax elsewhere.

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Virginia bookkeeping firm focused on small businesses. Bookkeeping, payroll, and fractional CFO services from a local Richmond team. A decade of working with businesses like yours. QuickBooks ProAdvisor certified.

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