Checking Your Work
In This Chapter
Sweeping through the bank accounts with a stiff broom
Getting debtors and creditors spick and span
Ensuring your tax codes are as clean as a whistle
Mopping up control accounts
Digging for dirt
One of the services I offer as part of my consultancy business is a 12-step bookkeeping health check, where I go through a client’s set of accounts from top to bottom, identifying possible problems.
Clients sometimes wonder how I can sit down in front of a set of seemingly perfect accounts containing many thousands of transactions and, in a few minutes, uncover a whole list of mistakes. Contrary to popular opinion, I don’t have any psychic gifts or special powers, just a bag of tricks that I’ve honed over many years.
I’ve guarded these techniques carefully over the years, but in this chapter, I share the whole kit and caboodle with you. Best of all (and unlike other kinds of health checks that I’d rather not think about right now), no physical ...