21st Century Services

Accounting Software Setup

• QuickBooks Online options:

  • Open new QuickBooks Online account under Fraser Financials

  • Transfer existing QuickBooks Online accounts from current bookkeeper

  • Migrate from QuickBooks Desktop

  • Migrate accounts from other accounting software

• Open new Keeper account under Fraser Financials

Historical Clean-Up / Catch-up

• Historical Clean-Up

  • When books were done in prior periods but there are errors that need to be fixed

• Catch-Up

  • When books have not been done in prior periods and need to be caught up

Creation or update of Chart of Accounts

• Create customized Chart of Accounts for your business after analysis of your unique processes and needs.

  • Remove unnecessary accounts

  • Add needed accounts

  • Reorganize current accounts

  • Use Fraser Financials template if needed

• Verfiy that all accounts are numbered correctly so financial statements appear in correct order:

  • 1000's Assets

  • 2000's Liabilities

  • 3000's Equity

  • 4000s Revenue

  • 5000s Cost of Goods Sold

  • 6000s Expenses

  • 7000s Other Revenue

  • 8000s Other Expenses

  • 9000s Gain/Loss on Sale of Asset