Enjoy complimentary data migration when switching from your existing bookkeeper or CPA to Institution.
Bookkeeping & Close

From raw activity to reviewed reporting, every month, on the same rhythm.

Institution converges bank, card, payroll, AR, and AP records into one reconciled ledger; routes every exception to a named owner; and closes each month with controller review before the reporting pack goes out.

Where records converge
  • Bank feeds
  • Card statements
  • Payroll journals
  • AR invoices
  • AP bills
  • Expense receipts
Reconciled ledger
One consistent set of records ready for close, reporting, and tax hand-off.
Exceptions
Routed to a named owner
Reconciliation
Statement-matched cash and clearing
Reporting pack
Statements + commentary
Monthly cadence

Predictable weekly rhythm, not month-end scrambling.

Week 1
Feeds + statements collected. Prior-month close finalized.
Week 2
Categorization and reconciliation of primary accounts.
Week 3
Exceptions worked with the client; supporting docs collected.
Week 4
Controller review, sign-off, and reporting-pack release.
Exception ownership

Every open item has an owner and a next action.

The exceptions are where close usually falls apart. Institution treats them as first-class work.

Uncategorized activity
Routed to the responsible owner with a written question, not left in a queue.
Missing supporting document
Requested with context; the transaction stays flagged until it lands.
Duplicate posting
Reviewed against source; corrected before close if confirmed.
Policy question
Escalated to the controller for a written position captured with the transaction.
Reporting pack

A reviewed set of statements, not a raw export.

Statements arrive reviewed, with commentary and open items called out.

  • Profit & loss with prior-period comparisons
  • Balance sheet with reconciliation notes
  • Cash-flow summary with operating context
  • AR and AP aging
  • Key schedules and roll-forwards
  • Written commentary on what moved and why
Boundaries

What bookkeeping does not include.

  • Institution is not a public accounting firm and does not issue audit or attest opinions.
  • Income-tax returns are prepared by a licensed tax professional.
  • Prior-period cleanup is scoped separately from live monthly operations.
  • Bank credentials remain with the account holder.

Frequently asked

  • QuickBooks Online and Xero are the primary systems of record. We work within your existing instance whenever possible.