Financial Cleanup

Optimizing Business Finances
OBS Financials CFO Services

Financial clean-up involves organizing and rectifying your financial records, ensuring their accuracy and currency. Although daunting, this process is crucial for businesses of all sizes.

The benefits of financial clean-up include:

Streamline Your Finances

Keeping up with your financials is crucial; falling behind can escalate challenges and costs. Timely action is key to preventing further complications. 

I provide a comprehensive financial clean-up service to reorganize your books efficiently. Collaborating closely, I’ll identify and rectify errors or discrepancies in your records. Additionally, I’ll assist in implementing reliable systems and procedures for future accuracy. 

My service operates on a monthly fee basis, with a discounted rate available if you opt for my ongoing bookkeeping services. 

Choosing me as your bookkeeper not only qualifies you for reduced fees but also grants you a complimentary consultation. This session helps determine your needs and provides an estimate of service costs.

Luis OBS Financials
Frequently Asked Questions
The pricing for financials clean-up services depends on your business’s size and complexity. Typically, my fees range from $500 to $1,000 per month for these services.

If you’re behind in reporting for multiple years, extensions may apply to the current year, but fines and penalties can increase for outstanding years. To avoid further penalties, it’s crucial to promptly organize accurate records.

The IRS mandates timely tax filing for businesses. Falling behind may lead to penalties and accrued interest. As time extends, the owed amount increases. Further, an IRS audit might necessitate repayment of back taxes, along with penalties and interest for non-compliance years.

To evade these penalties, timely tax filing and accurate financial records are crucial. If you’re behind, reaching out promptly allows me to assist in catching up and mitigating these consequences.

My minimum rate is $300, but rates vary based on the scope of work. I typically offer a flat rate rather than hourly fees.
Discrepancies might stem from erroneously duplicating transactions when recording income. This error could reflect in expenses as well.
Employees are those working under company policies and schedules. Contractors, on the other hand, have more freedom in their work approach.
To maintain accuracy, separate business and personal expenses in distinct accounts, prefer checks over apps like Zelle or Venmo, and utilize software for expense management.
Get Started
Schedule A Free 30-Minute Consultation

Let’s discuss how profitable and affordable hiring OBS Financials to run a financial cleanup on your business accounts is.

Let us handle digging through books and organizing them so that you may have the time to focus on other things like your business, family, and other personal things.

OBS Financials