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Catchup bookkeeping - get your books back on track

Catchup bookkeeping is the process of bringing your accounts up to date after a period of neglect. It involves reconciling bank feeds, coding transactions, clearing suspense accounts, and getting your Xero file ready for accurate BAS lodgement

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How it works

We review your accounts

We review your accounts to understand the work involved

We provide a fee estimate

We provide you with a fee estimate and a timeframe to catch things up

We get it done

You give us approval to get started, and we go in and get it done

How our catchup bookkeeping service works

Business discovery and Xero review

  1. discuss your business, the current state of your bookkeeping on Xero, and your goals
  2. invite us into your Xero as an Advisor so we can review your accounts
  3. recommend a course of action, an estimated fee, and a timeframe for completion

Work with you to clean up Xero

  1. gather the information we need from you to catch up your bookkeeping
  2. clarify transactions with you that are difficult to identify
  3. reconcile your accounts up to an agreed date, and lodge outstanding BAS/IAS if required

Publish reports and give you a summary

  1. publish a final balance sheet and profit and loss
  2. give you a summary of the works we completed in your accounts

Provide ongoing Xero support

  1. answer questions about the work we did when asked
  2. offer you Xero training, or 'done for you' bookkeeping services to help you stay on top of your accounts

Why choose Digit for catchup bookkeeping?

Falling behind on your books happens. What matters is getting them back on track properly - by someone who knows what they're doing, with a clear plan and no surprises on the invoice

We've helped hundreds of businesses clean up their Xero accounts. We'll tell you exactly what needs to be done, how long it will take, and what it will cost - before we start

Get in touch

Fixed quote upfront, no surprises

We review your Xero, scope the work, and give you a fixed price before we start. You'll know exactly what it costs - no hourly rates or bill shock at the end

Registered BAS agents who lodge on time

We're registered with the Tax Practitioners Board, so we can lodge your outstanding BAS as part of the catchup. No need to involve a separate tax agent for compliance

Qualified accountants, not just bookkeepers

Your catchup is done by degree-qualified accountants who understand the full picture. That means fewer questions, faster turnaround, and cleaner results

Xero specialists who know the platform inside out

As a Xero Platinum Partner, we work exclusively in Xero every day. We resolve tricky reconciliation issues quickly because we've seen them all before

Clear timeline and regular updates

We give you a delivery plan with a realistic timeframe before we begin. You'll hear from us throughout the project - not just at the end

Ongoing support after the cleanup

Once your books are clean, we don't just disappear. We'll walk you through the results and help you decide whether ongoing bookkeeping support makes sense

Common questions about Catchup Bookkeeping

Catchup bookkeeping is a one-off project to get your accounts up to date and reconciled. It is usually done where the accounts have fallen behind, or there are problems that need resolving to be financially accurate. Sometimes the trigger is wanting to get your tax returns done before you see your accountant. Sometimes it involves catching up on BAS or other compliance reporting. Some people refer to catchup bookkeeping as a rescue or fix-up - we think of it as helping business owners get a clean set of books they can move forward with confidently
To get your bookkeeping caught up, start by collecting your receipts and importing them into Xero. Reconcile your bank accounts so they match your bank statements. Keep a clear separation between personal and business expenses. Have a registered BAS agent review your income and expenses to check that GST is coded correctly. Lodge all outstanding Business Activity Statements and any other financial reporting obligations. If this sounds overwhelming, that is exactly what a catchup engagement with us covers end to end
We handle the full catchup process in Xero. That typically includes importing missing bank transactions and credit card statements, reconciling accounts against bank records, correcting coding errors and misallocated transactions, entering outstanding invoices and bills, preparing and lodging any overdue BAS with the ATO, and producing accurate financial reports so you and your accountant can see where the business stands. We scope the work upfront and fixed-fee the project so you know the cost before we start
The cost depends on how far behind the accounts are and how complex the cleanup is. A business that is a few months behind with clean bank feeds and simple transactions costs less than one with years of unreconciled accounts, missing data, and overdue BAS. We review your Xero file before quoting and fixed-fee the project so you know the total cost upfront. Most catchup projects range from a few hundred dollars for minor cleanups to several thousand for multi-year reconstructions
A straightforward catchup covering a few months of unreconciled transactions typically takes 1 to 2 weeks. More complex jobs involving missing bank data, incorrect coding across multiple financial years, or overdue BAS lodgements can take 4 to 8 weeks depending on how quickly we can access the information we need from you, your bank, and the ATO. We give you an estimated timeline when we scope the project
If you have outstanding Business Activity Statements, yes - they need to be lodged as part of getting your accounts current. The ATO charges interest on late BAS lodgements and can issue Failure to Lodge penalties. As registered BAS agents, we prepare and lodge overdue BAS on your behalf and can access extended lodgement concessions in some cases. If you owe a tax debt from overdue BAS, we can also help you set up a payment plan with the ATO