Why catch-ups usually take weeks
A bookkeeper catching you up reads every line of every statement by hand, month after month, then reconciles each account. That's why catch-up bookkeeping often takes weeks and is priced by the month.
SumSwift reads and sorts the transactions with AI and checks every account against your bank's own balances, so a full year takes minutes. In our own test, 36 statements (a year of a checking account, a savings account and a credit card) were done in under three minutes, every one balanced to the cent.
How it works
- Download your statements for each business account, for every month you're behind (up to 12 months and 3 accounts). Our statement guide shows where to find them at your bank.
- Drop them all in at once. SumSwift reads them, sorts every transaction and checks each statement adds up. Missing months are flagged.
- Check the handful of things it isn't sure about. One answer covers every charge from the same place.
- Download your profit report, balance sheet and the year-end package for your accountant.
What you get
- Every transaction categorized, every account reconciled to the cent.
- Profit and loss by month, balance sheet and cash flow.
- Sales tax or GST/HST worked out by period, and what you should have set aside.
- Contractor lists for 1099s (US) or T4As (Canada), and Schedule C or T2125 numbers.
- A year-end package for your accountant: trial balance, general ledger, every receipt you add, and your statements.
Then your first month of Monthly is free, so you never fall behind again. After that it's $79 a month; cancel any time.
If you did your own books
If you kept your own QuickBooks and aren't sure it was right, add its reports. SumSwift compares them with your bank statements and shows what was off, what your profit really was, and which past returns your accountant may want to look at again.