Acme Corp
5-Point Financial Health Check
Report ID: eb1633fa9519afd7
Burlington, MA
1. Account Reconciliation
Checks whether your books match your actual bank and credit card activity.
Explanation:
Books Need Reconciliation: Some accounts have not been reconciled recently. This increases the risk of missing transactions, reporting errors, and inaccurate financial statements. 3 Months Behind
2. Transaction Categorization
Looks for transactions that have not been assigned to the correct category.
Explanation:
Uncategorized Transactions Found: Some transactions have not been assigned to the proper categories. This can make reports less accurate and create confusion when reviewing business performance. $8,900.00 Uncategorized
3. Account Structure
Reviews how your accounts are organized and structured.
Explanation:
Well-Organized Account Structure: Your chart of accounts is clean, organized, and supports accurate financial reporting. Organized
4. Financial Statement Consistency
Checks whether your financial statements appear to work together correctly.
Explanation:
Statement Discrepancies Detected: Some financial reports do not appear to reconcile properly with one another. This may indicate bookkeeping errors that should be reviewed. Review Needed
5. Balance Sheet Health
Looks for unusual balances or accounting entries that may indicate problems.
Explanation:
Balance Sheet Appears Healthy: The balance sheet appears internally consistent with no obvious signs of invalid or unusual accounting activity. Healthy
Key Observations
These are my notes. I am testing this custom plugin and hoping that it works properly.