Count On LLC

Reconciling accounts is an important part of bookkeeping — but a reconciled account doesn’t automatically mean the books are correct.

Transactions can still be miscategorized, duplicated, missing, or posted inaccurately while an account technically “reconciles.”

Accurate bookkeeping requires more than matching balances. It requires review, understanding, and clean reporting.

907-357-7707

“Ask My Accountant” is a common account in QuickBooks used to temporarily hold transactions that need review or clarification.

The problem is when transactions sit there long-term and never get cleaned up.

When tax time comes around, tax preparers don’t have a specific line on the tax return for “Ask My Accountant.” Those transactions still need to be properly reviewed, categorized, and cleaned up before accurate reports and returns can be prepared.

907-357-7707

If your books are clean and up to date, you should be able to:

• Reconcile your accounts without outstanding or unexplained items
• Have all transactions added and categorized in your register
• Rarely see negative numbers on your Profit & Loss (other than things like refunds or discounts)

Clean books aren’t just about staying organized — they help you make better decisions and avoid bigger issues down the road.

If you need help getting your books to that point, give our office a call.
907-357-7707