Number of bank accounts we would need to reconcile. Include checking, savings, PayPal and any other cash assets. Please include bank names so we can investigate feed capabilities.
Number of credit cards we would need to reconcile. These should be cards under the name of the business. Please explicitly note if a card is personal and is being used for business.
# of Sales Invoices (Accounts Receivable) Sent per Month AND / OR # of Sales Transactions per Month
If you send sales invoices, approximate how many are sent monthly. If your business is more transaction-based, like eCommerce product sales or SaaS recurring revenue, estimate the volume of sales per month.
Rough estimates of annual revenue for the current year and the following year.
Describe the nature of the deposits we will be reconciling. Please include approximate breakdown and volume. e.g. 50% (about 30 / month) are Checks deposited by admin personnel, 25% come through Stripe, the rest are international wires (around 10-15 / month).
Nature of Known Accruals
Our services use accrual accounting. Aside from Accounts Receivable and Accounts Payable, describe known accruals needed for your business (e.g. Deferred Revenue, Notes Payable with Interest Accrual, Prepaids). Enter None or I Don't Know if unsure.
Anticipated Changes in the next 3, 6, 9 months
Describe any changes to the business that may impact the accounting requirements in the near-term (e.g. expecting Seed/Series A funding, launching your product, hiring lots of employees).
Catch Up Accounting
Describe any catch up accounting we'll need to do. Approximate how many months of catch up needed or processing of manually tracked spreadsheets of expenses paid by owners on behalf of the business.
Current Inventory System
What system are you using to track inventory now?
Sales Volume per Month
Approximate number of shipped sales per month.
Average Transaction Value
Approximate average sale amount.
Do you sell to customers on account?
Do you ship internationally? If yes, what currencies are used?
Number of active products / SKUs.
Number of POs issued per month.
Number of warehouse locations and what country/state/province.
Do your products have kits or packs? Please describe.
Do you manufacture products or do you have them manufacturer and you buy completed units?
Do you serialize products or require batch tracking?
Do your products have expiration dates?
Is there any additional information we should know that we didn't ask?