Audit-Ready Bookkeeping
Every good ship sails best when her ropes are tight and her ledgers are tied out. At Tied Out Books, we help businesses and nonprofits keep their financial decks clean, their logs accurate, and their sails ready for any audit that comes their way.
Our crew’s motto? No loose ropes, no loose records.
What It Means to Be Audit-Ready
Being audit-ready means your books can weather any storm — every number backed by solid evidence and every transaction charted on your map.
Auditors call it “reasonable assurance.” We call it peace of mind.
Our compass points are clear:
- For-Profit Voyages: At least 95% of transactions with full documentation
- Nonprofit Voyages: 98% and higher — especially for grants and donations
- Payroll, Grants & Fixed Assets: 100% documented, no exceptions
If a gust of missing paperwork hits, we already have alternate proof secured in the hold.
You see, “the sea” represents that endless wave of paperwork and documentation that never seems to end. Most business owners are tempted to toss it all in a shoebox and deal with it “someday.” But that’s not how things work on the SS Tied Out.
Our ship is built to weather those choppy waters. We take your stacks of financial paperwork and transform the stormy seas of recordkeeping into smooth, calm sailing. But fair warning — when you’re part of our crew, you’ll learn a lot about maintaining proper source documents and organized records.
Because when you sail with us, you’ll never have to worry about whether you’re audit-ready or tax-ready — you’ll already be there.
No one said running a business or nonprofit was smooth seas every day — especially when GAAP compliance enters the conversation — but with the SS Tied Out, you’ll have a well-built ship and a steady crew to guide you through it all.
When a Receipt Jumps Overboard
Sometimes a receipt gets lost at sea — it happens. But that doesn’t mean your audit has to sink.
We chart a steady course using acceptable alternate evidence, such as:
- Bank or credit-card statements that verify payment
- Vendor or donor emails confirming the purchase or gift
- Merchant or payroll system reports
- Signed approvals or detailed internal logs explaining the expense
Our First Mates and Quartermasters are trained to spot what’s seaworthy and flag anything that needs tightening long before year-end.
Areas We Keep Ship-Shape
Accounts Payable & Expenses: Every vendor bill, receipt, and payment tied out and logged.
Revenue & Donations: Income mapped clearly to invoices, merchant batches, or donor intent.
Payroll: Full crew records, filings, and approvals — no missing sailors here.
Banking & Reconciliations: Every month balanced to the penny and signed off.
Fixed Assets & Grants: Documentation secured and stowed safely in your audit binder.
Smooth Sailing Through Audits
When your books are tied out the Tied Out way, audits become calm waters. Your CPA, board, or funding agency can see every rope, every knot, every number — clear, organized, and ready for inspection.
We don’t just close your books. We make sure your entire financial voyage is audit-ready, tax-ready, and storm-proof.
Curious how we make this happen? Visit Our Tied-Out Process to see the six phases in action.