Bank, Credit Card, Loan Accounts to Reconcile – 1 Included

(For Starter Annual Subscription)

Up to 1 Financial Account Included (Bank, Credit Card, or Loan)

The Starter program includes bookkeeping and reconciliation services for one financial account, which may be a:

• Bank account

• Credit card account

• Loan account

This account serves as the primary source of your business transaction activity and is used to produce your year-end financial records.

What This Feature Includes

For the included account, ABBL will:

• Import and review all transactions for the year

• Categorize and record transactions in QuickBooks Online

• Match transactions to available documentation

• Reconcile the account to official statements

• Ensure the account balances match your financial records to the penny

This work is completed as part of the annual bookkeeping and year-end closing process.

Additional Accounts (Add-On Required)

If your business uses more than one financial account:

• Each additional bank, credit card, or loan account must be added as an add-on service

• Standard pricing:

  
  

  👉 $25 per month per additional account

Each added account includes:

• Transaction posting

• Document matching

• Year-end reconciliation

Statement Access & Submission Requirements

To complete bookkeeping and reconciliation, ABBL must have access to:

• Monthly account statements or

• Direct access to retrieve statements

Statements must be:

• Provided or accessible in a timely manner

• Complete for the full year being processed

Timing Requirements & Fees

• Clients are expected to provide statement access or uploads by the 5th of the month when requested

• If statements are not provided or access is not granted:

  • Reconciliation cannot be completed

  • Work may be delayed

  • Additional fees or change orders may apply

• Convenience fees may be assessed for:

  • Late uploads

  • Manual retrieval efforts

  • Rework due to missing or incomplete information

What Counts as a Separate Account

Each of the following is considered a separate account:

• Individual bank accounts (checking, savings)

• Each credit card (even if from the same provider)

• Each loan or line of credit

If multiple accounts are actively used, they must be included in your scope through add-ons.

What Is Not Included

• Reconciliation of accounts not disclosed or not added to the subscription

• Tracking or consolidating activity across multiple accounts without add-ons

• Estimating balances in place of missing statements

• Completing reconciliation without proper documentation

When You May Need to Upgrade

If your business regularly uses:

• Multiple bank or credit card accounts

• Separate accounts for operations, savings, or taxes

• Loans or financing accounts

You may benefit from:

• Adding additional accounts to your Starter program, or

• Upgrading to a higher-tier program designed for multi-account businesses

Why This Feature Matters

Accurate financial reporting starts with properly tracking and reconciling your financial accounts.

By clearly defining and managing your included account(s), this feature ensures:

• Your financial records are complete and accurate

• All reported balances are verified against real statements

• Your bookkeeping remains aligned with the scope of your program

This structure keeps your service efficient, predictable, and scalable as your business grows.