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catch-up bookkeeping

https://wiki-byte.win/index.php/Navigating_T2_Return_Preparation_for_Canadian_Corporations

Catch-up bookkeeping is the process of bringing a business's financial records up to date when they've fallen behind. It involves organizing receipts, bank statements, and invoices, then reconciling accounts to ensure everything is accurate. This task can feel overwhelming, but it's essential for tax preparation and financial clarity. Many business owners hire a professional to handle months of backlog, which saves time and reduces stress. Once caught up, staying on top of regular bookkeeping b…