15 Point
Discovery Checklist

Let's shake out the dust and knock down the cobwebs!
Get your accounting system cleaned up with
Step By Step's 15 Point Discovery Checklist.

This is perfect for any small business owner or non-profit organization looking to tune up their books.

If you're interested, please start with our Intake Form.

Accounting is complicated.
And getting your accounting records in order can be a daunting task.

As an Advanced QuickBooks Online ProAdvisor, Step by Step Accounting will go through a 15 point Checklist designed to analyze everything from your checking account bank reconciliations to your Aged Outstanding Payables.

We will bring to your attention any areas that are not following best practice workflows or using the power of technology and areas that could be cleaned up to provide more accurate and reliable information. We will work with you to fully understand your business needs and provide recommended file settings, features, applications, and integrations to modernize and streamline your business.

Our Discovery Process includes a review of your current QuickBooks Desktop or Online Accounting file by a Certified Public Accountant with a decade of QuickBooks experience, review of your recent bank statements, a full, personalized written report covering 15 common problem areas uncovered in QuickBooks files, and a final meeting to present the findings and recommendations.

Prices are based on the size and complexity of your accounting system.

Here are some of the items we cover:


All about your Business

How is your business legally set up? What technology are you using?
What are your main services/products and who are your main employees?


Business Bank Accounts and Their Uses

Are they sufficient for your needs?


Account Reconciliation Statuses

Are your accounts reconciled?
Were they reconciled correctly?


Revenue Process

How is money coming into your business? Can we make this process faster, more streamlined, and modern in a way your customers will love?


Accounts Receivable

Is money you are owed being tracked correctly?
Are there negative balances or ancient uncollectible invoices still hanging around?


Expense Process

How is money going out of your business?
Are you still manually entering bills and cutting paper checks?


Accounts Payable

Are bills being paid and recorded accurately?
Are there amounts that need to be written off?


Profit and Loss Statement

Can you see your bottom line clearly?
How is the information being presented?


Business Liabilities

Are business credit cards, lines of credit, loans, and other liabilities under control?
Can we know, by looking at reports, the up-to-date, accurate balances owed to all creditors?


Balance sheet

Can you tell how much equity you have in your business?
Are accounts presented in the correct areas so that a banker can read your reports?



What payroll system are you using?
What items are working well and where are the potential problems?


Your lists

(Customers, Vendors, Products and Services, Terms, Unbilled costs, Chart of Accounts)

What is the status and quality level of your lists?
These are the hidden building blocks of your file.


Personal Spending from Business Accounts

Is this happening?
Is it being recorded correctly?


Business Spending from Personal Account

Is this happening?
Is it being recorded correctly?


Overall Synopsis and Conclusion

Where are you headed?
What can you improve NOW to reach your goals?

*A Discovery Report IS NOT a financial audit. An audit provides an opinion in regard to having assurance that the financial statements and their related disclosures are free from material misstatement and includes examining, on a test basis, evidence to support the amounts presented. No assurances will be made, and no examination of underlying evidence will be performed. This report is not in any way designed to detect any type of fraud. Instead, the Discovery Report focuses on the accounting system itself - its set up, workflows, information capabilities and status and provides recommendations for improvement.

Are you ready to work with us?

Step 1: We want to understand your business better.

To get signed up for a free consultation, please use the form below to answer some initial questions.
After the submission you will be able to schedule a time convenient for you through a Calendly link.

Contact Us

Whether you are ready to work with a trusted accountant right away or want to learn more about our comprehensive services, please reach out to us!

West Fargo, North Dakota, USA

Sending, please wait ...
Your message has been sent! Thank you!