For a typical SME with moderate transaction volume (50-200 monthly transactions), cleaning up 1 year of backlog takes 4-6 weeks. This includes assessment (1 week), transaction cleanup (2-3 weeks), reconciliations (1 week), and finalization (1 week). Complex cases with multiple entities, inventory, or foreign transactions may take 6-8 weeks. We provide weekly progress updates throughout the process.
Accounts Cleanup & Backlog Completion
Financial Data Recovery
Restoring Financial Clarity
From Historical Backlogs
At AMY Bizz, we help businesses clean, correct, and organize their historical financial data. Whether your accounts are pending for months or several years, we bring them up to date with accurate reconciliations, error corrections, and proper documentation—so you can restart with clean, compliant books.
Comprehensive Financial Data Restoration
Don't let historical accounting backlogs hold your business back. We specialize in transforming messy, incomplete, or incorrect financial records into clean, accurate, and compliant books ready for audits, tax filings, and strategic decision-making.
Our Accounts Cleanup Process
01 Historical Record Review
Review and correct past years' accounting records with detailed analysis of transactions, classifications, and documentation gaps.
02 Compliance Updates
Bring books up to date for VAT, corporate tax, audit requirements, and regulatory compliance standards.
03 Complete Reconciliations
Perform complete bank, supplier, customer & cash reconciliations to match all transactions with supporting documents.
04 Error Correction
Fix misposted entries, incorrect classifications, duplicate transactions, and calculation errors across all accounts.
05 Financial Statement Rebuilding
Rebuild accurate financial statements (P&L, Balance Sheet, Cash Flow) for pending years with proper disclosures.
06 Documentation Organization
Organize and digitize supporting documentation, aligning it with accounting standards and audit trail requirements.
07 Opening Balance Preparation
Prepare accurate opening balances and ensure clean transition to current year with proper closing entries.
08 Issue Reporting & Recommendations
Provide detailed reports highlighting issues found and recommended process fixes to prevent future backlogs.
Why Businesses Choose AMY Bizz
Fast & Accurate Cleanup
Efficient resolution of pending accounts with precision and attention to detail
Audit-Ready Compliance
Fully compliant books prepared for tax filing, audits, and regulatory submissions
Transparent Gap Analysis
Clear reporting that highlights historical gaps and provides actionable insights
Tailored Solutions
Customized cleanup approaches for startups, SMEs, and growing companies
Cleanup Progress Dashboard
Common Issues Found:
Unreconciled Transactions
Missing Invoices
Classification Errors
Time-Sensitive Service
The longer backlogs accumulate, the more complex and costly cleanup becomes
Reconciliation Areas We Address
Bank Reconciliation
All bank accounts & credit cards
Supplier Reconciliation
Vendor accounts & statements
Customer Reconciliation
Accounts receivable aging
Cash Reconciliation
Petty cash & physical cash counts
Case Study: E-commerce Business
Situation: 2 years of unreconciled accounts, missing VAT records, incorrect inventory costing. Result: 3-month cleanup project resulting in clean books, recovered $45K in missed input VAT, and proper inventory valuation.
Need Your Accounts Cleaned & Updated?
Let AMY Bizz fix your backlogs and bring your books back on track. Start fresh with accurate, compliant financial records that support business growth.
Frequently Asked Questions
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How long does it take to clean up 1 year of backlogged accounts?
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What information do you need to start the cleanup process?We need: 1) Bank statements for the backlog period, 2) Access to your accounting software (or export of existing data), 3) Supplier invoices and customer invoices, 4) VAT returns filed (if any), 5) Payroll records, 6) Any previous attempts at reconciliation, and 7) Previous year's financial statements if available. Don't worry if documentation is incomplete—we're experienced at reconstructing records from minimal information.
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Can you handle cleanup for businesses with no previous accounting system?Absolutely. We specialize in "ground-up" reconstructions where businesses have been operating without proper accounting. We start from bank statements and reconstruct income, expenses, assets, and liabilities. We then set up proper accounting software and establish ongoing processes. These projects typically take longer but result in completely clean books ready for compliance and growth.
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What happens if we discover fraud or major errors during cleanup?We follow a systematic approach: 1) Document all findings objectively, 2) Quantify financial impact, 3) Provide options for correction (adjusting entries, recovery processes), 4) Recommend control improvements to prevent recurrence, and 5) If necessary, involve appropriate professionals (legal, forensic). We maintain strict confidentiality and work with you to resolve issues in the most business-appropriate manner.
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Do you provide ongoing support after cleanup is complete?Yes, we offer transition packages including: 1) Training your team on new processes, 2) Setting up recurring reconciliation procedures, 3) Implementing monthly closing checklists, 4) Quarterly review of accounts for 6-12 months, and 5) On-call support for complex transactions. Our goal is not just to clean the past but to establish systems that prevent future backlogs.