Know Where Your Books Stand With a Diagnostic Books Review
Discover the true condition of your financial records with a diagnostic books review that identifies concerns and gives you a clearer understanding of what needs attention.
Call for more informationFind Out What Shape Your Books Are Really In
Your books may look complete while still containing categorization errors, unreconciled accounts, or missing documentation. A bookkeeping review examines your existing financial records with a critical eye rather than assuming everything has been recorded correctly. You receive a written assessment outlining what was found, giving you a clearer picture of where your records stand before those issues are discovered during another financial review.
Contact us to schedule your review and understand what may need attention in your books.Get an Honest Picture of Your Records
Know What Needs Attention
Receive a clear written assessment of issues identified within your existing financial records.
Uncover Hidden Gaps
Identify inconsistencies or missing information that routine transaction entry may not reveal.
Understand Potential Risks
See which areas of your bookkeeping could create concerns if left unresolved.
Know Your Next Step
Understand where corrections may be needed before deciding how to address your books.
Verify How Transactions Are Categorized
Incorrect categorization can distort what your financial records appear to say about the business. As part of the diagnostic books review, recorded transactions are examined for categorization issues and inconsistencies that may require further attention. This provides a clearer understanding of whether the structure behind your books accurately reflects the available financial activity.
- Review transaction categories for consistency and accuracy.
- Identify expenses that may have been recorded incorrectly.
- Look for inconsistent treatment of similar transactions.
- Flag categorization issues that require further review.
- Document findings clearly so you know what needs attention.
See Whether Your Accounts Actually Reconcile
A balance in your bookkeeping software does not necessarily mean the underlying account is accurate. The bookkeeping review examines reconciliation status to identify accounts that may be incomplete, outdated, or inconsistent with available statements. Knowing where reconciliation gaps exist helps you understand which balances can be relied on and which may require additional work.
- Review the reconciliation status of relevant accounts.
- Identify accounts with unresolved reconciliation issues.
- Look for discrepancies between records and available statements.
- Flag balances that may require further investigation.
- Document reconciliation concerns in the written findings.
Identify Documentation Gaps and Risk Flags
Missing documentation and unexplained activity can create questions when financial records are reviewed by someone outside the business. A diagnostic books review looks for gaps and risk flags that may otherwise remain unnoticed during routine bookkeeping. The findings give you a written record of potential concerns so you can understand what may need to be addressed before your books face greater scrutiny.
- Identify missing or incomplete supporting documentation.
- Flag unusual or unexplained financial activity for review.
- Note inconsistencies that could raise questions later.
- Highlight areas where supporting records may be needed.
- Provide written findings outlining identified concerns.
Diagnostic Books Review
A written review of your financial records, so you know exactly where you stand before anyone else finds out.
Most small business owners don't know what shape their books are in, because nobody has ever looked at them with a critical eye and reported back honestly.
The Books Diagnostic covers:
- Categorization Accuracy
- Reconciliation Status
- Documentation Gaps
- Risk Flags
Diagnostic fee is applied as credit toward first month of ongoing bookkeeping if you choose to continue.
$ 197
M Young Books provides reliable bookkeeping, invoice processing, ledger reconciliation, and cash flow reporting for small businesses. We help reduce administrative work and maintain accurate, compliant financial records. Serving Bowling Green, Lexington, Somerset, Glasgow, and Nashville.