Bookkeeping Cleanup

Catch-Up & Cleanup Bookkeeping

Behind on your books? Let’s get them back on track.

Professional bookkeeping cleanup services for businesses with overdue, incomplete or inaccurate financial records. We help you rebuild reliable books and prepare for tax filing, financial reporting and ongoing bookkeeping.

We can help when your books are:

  • Several months or years behind
  • Missing transactions or reconciliations
  • Filled with uncategorized expenses
  • Showing unreliable account balances
  • Not ready for GST/HST or tax filing
  • Being transferred to a new accountant
Warning Signs

Are your financial records telling the wrong story?

Incomplete bookkeeping can lead to inaccurate reports, missed tax obligations and poor business decisions.

A proper cleanup addresses the underlying accounting problems—not simply the visible transaction list.

  • Bank balances in the books do not match the statements
  • Bank and credit-card accounts have never been reconciled
  • GST/HST or payroll balances appear incorrect
  • Transactions have been posted to the wrong accounts
  • Personal and business expenses have been mixed
  • Income is missing, duplicated or incorrectly recorded
  • Accounts receivable or payable reports are unreliable
  • Your accountant cannot complete the year-end work
Cleanup Services

What bookkeeping cleanup may include

Every cleanup is different. We assess the condition of your records and create a scope of work based on the issues that need to be resolved.

01

Account Reconciliation

Reconcile bank, credit-card, loan and other balance-sheet accounts to supporting statements.

02

Transaction Review

Review transaction coding and correct duplicated, missing or misclassified entries.

03

GST/HST Review

Review how GST/HST was recorded and reconcile the accounting records to available returns and CRA information.

04

Receivables and Payables

Review customer and supplier balances and identify old, duplicated or inaccurate amounts.

05

Balance-Sheet Cleanup

Investigate unusual balances in loans, payroll liabilities, shareholder accounts and other balance-sheet accounts.

06

Updated Financial Reports

Prepare updated financial reports after the agreed cleanup work has been completed.

The Goal

Move forward with more reliable books

Once the cleanup is completed, you will have a clearer accounting foundation for managing your business.

Tax-Ready Records

Better-organized records to support GST/HST filings and year-end tax preparation.

Reliable Reporting

Financial reports that more accurately reflect the activity and financial position of your business.

A Fresh Start

A cleaner accounting file that can transition into an organized monthly bookkeeping process.

Our Process

How the cleanup process works

Step 1

Consultation

We discuss the periods involved, the condition of the books and your most urgent deadlines.

Step 2

Assessment

We review the accounting file and determine the records and corrections required.

Step 3

Proposal

You receive a defined scope of work, estimated timeline and pricing based on the cleanup required.

Step 4

Cleanup

We complete the agreed corrections, reconciliations and updated reporting.

Please note: The timeline and cost of a cleanup depend on the number of periods, transaction volume, complexity of the issues and how quickly complete supporting documents are provided.
Getting Started

What we may need from you

Complete records allow the cleanup to proceed more efficiently. The exact document request will depend on your business and the periods being reviewed.

  • Bank and credit-card statements
  • Loan and financing statements
  • Sales reports and merchant-processing statements
  • Customer invoices and supplier bills
  • Payroll reports and remittance information
  • GST/HST returns and CRA account statements
  • Prior-year financial statements and tax returns
  • Receipts and explanations for unclear transactions
Why Choose ASP

Careful cleanup with the bigger picture in mind

CPA-Led Accounting Support

The cleanup is approached with attention to financial reporting, Canadian tax requirements and the underlying account balances.

Clear Scope and Communication

We explain the issues identified, the information required and the work included in your cleanup engagement.

Bookkeeping and Tax Coordination

Cleanup work can be coordinated with GST/HST filings, year-end accounting and business tax services when included in your engagement.

Ongoing Support Available

After the cleanup, you can transition to monthly or quarterly bookkeeping to help prevent the same issues from returning.

Frequently Asked Questions

Questions about bookkeeping cleanup

How far back can you clean up my bookkeeping?
We can assess multiple outstanding months or years. The scope, timeline and fee will depend on the number of periods, transaction volume, condition of the books and availability of supporting records.
How much does bookkeeping cleanup cost?
Cleanup pricing is determined after an initial assessment. A file requiring several reconciliations and corrections will require more work than a file that is simply a few months behind.
How long will the cleanup take?
Timing depends on the scope of work and how quickly complete records and responses are provided. Any urgent tax or financing deadline should be discussed during the initial consultation.
Can you clean up my existing QuickBooks Online file?
Yes. We can review your current QuickBooks Online file and recommend the corrections needed. Other accounting systems may also be considered during the initial assessment.
Will my tax returns be included?
Bookkeeping cleanup and tax preparation are separate services unless your written proposal or engagement specifically includes both.
What happens after the cleanup is finished?
You may continue managing the bookkeeping yourself or transition to an ongoing monthly or quarterly bookkeeping package.
Take the First Step

Let’s bring your books up to date

Falling behind happens. What matters is having a clear plan to correct the records and move forward. Schedule a consultation to discuss the current condition of your bookkeeping.

1-905-598-6110   •   info@asptaxservices.com