The Tied-Out Process
At Tied Out Books, we don’t just balance your books — we build a solid ship you can sail with confidence. Every number we touch, every entry we post, and every reconciliation we complete is tied back to real source documents — creating a paper trail strong enough to withstand the roughest audit seas.
Our crew divides the voyage into six key phases, each with its own ropes and anchors to keep your books steady and on course.
Hoist the Sales Sails:
Accounts Receivable (AR)
From invoices to deposits, we track every earned dollar back to its origin.
We reconcile your sales systems, merchant processors, and bank deposits. Every transaction is verified, logged, and tied out to the customer payment.
Source documents: Invoices, deposit logs, merchant reports, POS exports, bank statements.
Our AR process ensures your revenue is not just recorded — it’s anchored in evidence.
Keeping the Ledger Leak-Free
Accounts Payable (AP)
Vendor bills, receipts, and credit card charges are captured, coded, and approved before they ever hit your books.
We verify each payment against its source — no mystery expenses drifting through your ledger.
Source documents: Vendor invoices, credit card statements, purchase orders, receipts, check registers.
We don’t just pay bills; we ensure your ship runs efficiently with every cost accounted for.
Paying the Crew the Right Way
Payroll
Payroll isn’t just paychecks — it’s liabilities, tax deposits, PTO accruals, reimbursements, and compliance checks.
We tie every payroll run back to supporting documentation and ensure all payroll entries flow cleanly into your financial statements.
Source documents: Payroll summaries, Gusto reports, tax filings, benefit invoices.
From captain to deckhand, everyone’s pay is accurate, compliant, and reconciled.
The Compass Check
Month-End Close
Each month, we perform a detailed review — reconciling every account, verifying balances, and adjusting where needed so your financials point true north.
We also review merchant fees, deferred revenue, and accruals to make sure your books tell the real story.
Source documents: Bank and credit card statements, loan statements, merchant reports, adjusting entry support.
When the month closes, your ship’s log is ready to set sail into the next one — no loose ropes.
Steering Through Compliance Waters
Quarterlies
Each quarter brings filings and check-ins — from sales tax and payroll forms to financial snapshots and performance insights.
We make sure every deadline is met and every filing is supported with proper backup.
Source documents: Payroll tax filings, sales tax returns, quarterly reports, management summaries.
You’ll always know where your business stands — not just in numbers, but in compliance.
Docking with Confidence
Year-End
When it’s time for tax season or audit review, your books are already tied out and ready to board.
We prepare clean, reconciled financials with full documentation, making your tax preparer’s job a breeze and helping you sail smoothly into a new fiscal year.
Source documents: Trial balance reports, 1099/W-2 filings, year-end adjustments, fixed asset and depreciation schedules.
No panic. No scramble. Just clean, verified records — the Tied Out way.
Want to know more about why being audit-ready is so important?