Discover how we helped Online Jewellery Retailer transform their financial operations through intelligent automation, achieving remarkable efficiency gains and cost savings.
100% Success Rate
E-commerce Retail
$500K
1 (Solo Entrepreneur)
When both the client’s bookkeepers left, her financial systems came to a standstill. As she focused on managing orders, marketing, and customer care, the books were left untouched for seven months. This led to completely backlogged transactions where sales, expenses, and payments hadn’t been recorded or categorized. Bank and credit card accounts were completely out of sync with no reconciliations. Tax deadline pressure was mounting with the risk of penalties and non-compliance rising fast. She needed someone who could take control of the books, bring everything up to date, and build a system to keep things on track moving forward.
We approached the situation methodically with a clear focus on speed, accuracy, and sustainability through catch-up accounting, comprehensive reconciliations, ongoing monthly support, and cash flow visibility implementation.
Catch-Up Accounting
We started by collecting every piece of missing data: bank statements, platform reports, receipts, and payment records.
• Entered and categorized seven months of transactions
• Fixed past errors that were impacting reports
• Ensured accurate sales mapping across multiple platforms
• Created clean, reliable financial foundation
Reconciliations and Reporting
Once the data was in, we tackled comprehensive reconciliation and reporting to ensure accuracy.
• Matched all bank and credit card transactions
• Ensured nothing was missing or duplicated
• Reviewed payables and receivables with outstanding bills and invoices
• Prepared clean aging reports for overdue items
Monthly Bookkeeping and Support
To prevent this from happening again, we implemented a streamlined, ongoing process.
• Monthly bookkeeping routines to stay up to date
• Scheduled reconciliations for all accounts
• Simple system to collect receipts and invoices
• Virtual finance team support while owner focuses on sales
Cash Flow Visibility
We gave the owner the clarity she needed to make informed business decisions.
• Easy-to-read cash flow snapshots
• Basic forecasting tools for restocking and marketing
• Advice on improving payment cycles
• Planning tools to reduce cash crunch periods
Months Backlog Cleared
Accounts Reconciled
Before Deadline
Business Focus
“I was completely overwhelmed trying to catch up on months of bookkeeping while running my business. +sup not only cleared the entire backlog before tax deadline but also set up systems that work for me, not against me. I finally have confidence in my numbers and can focus on what I love – creating beautiful jewelry for my customers.”
See how we can help you achieve similar results with our financial automation solutions. Schedule a consultation to discuss your specific needs.
