How to Catch Up on Months of Backlogged Small Business Bookkeeping

Step 1: Gather Your Primary Financial Records

Download PDF or CSV statements for all business checking, savings, and credit-card accounts for the missing months. Gather relevant payment-processor statements when those processors contain activity not fully identifiable from bank deposits.

Step 2: Organize Income and Operating Expenses

Categorize recurring operating expenses, direct costs, materials, vendor payments, and owner transfers consistently. Supporting documentation may still be needed to determine the proper treatment of particular transactions.

Step 3: Produce Monthly Cash-Basis P&L Summaries

Monthly cash-basis Profit & Loss statements organize revenue and expenses by period and provide a clearer view of operating results.

Let Professionals Handle the Backlog

With our catch-up bookkeeping service, upload your statements and we handle the categorization and reconciliation for you.