Know Your Numbers Process

At Know Your Numbers, we understand that managing your finances can be overwhelming, especially when you’re focused on growing your business. That’s why we’ve developed a comprehensive Client Engagement Process to streamline your accounting and optimize your QuickBooks Online setup. Our step-by-step approach ensures that all aspects of your financial management are handled with precision, allowing you to concentrate on what matters most—running your business.

1. Initial Client Consultation

1.1 Schedule an Introductory Meeting
1.2 Explain the Firm's Philosophy
1.3 Review Current QuickBooks Setup
1.4 Discuss Scope of Services
1.5 Set Goals

2. Engagement and Agreement

2.1 Prepare Engagement Letter
2.2 Obtain Client Approval
2.3 Setup Payment Terms
2.4 Secure Access to Financial Accounts and Applications

3. Review, Analysis, and Optimize QuickBooks Online Setup

3.1 Access Client’s QuickBooks Online Account
3.2 Review and Analyze Financial Statements
3.3 Optimize Chart of Accounts
3.4 Assess Bank Feeds and Integrations

4. Data Integrity Check and Reconciliation

4.1 Perform a Data Integrity Check
4.2 Reconcile Financial Accounts
4.3 Review Historical Data

5. Client Training and Delegation

5.1 Outline the Division of Responsibilities
5.2 Set Up Automated Data Entry

6. Final Review and Go-Live

6.1 Conduct Final Review
6.2 Review Financial Improvements with Client
6.3 Obtain Client Sign-Off
6.4 Go Live

7. Ongoing Support and Optimization

7.1 Schedule Check-ins
7.2 Detailed Month-End Close Process
7.4 Continuous Optimization
7.5 Provide Continuous Support

Ready to get started?

Schedule your introductory consultation today and let us help you optimize your QuickBooks Online setup.

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