The quick read
Key points
- Label the scope of every source.
- Explain gross-to-net and timing differences.
- Keep unresolved items for the reviewer.
Collect each source independently
Gather booked income reports, bank statements, manager or platform summaries and year-end information documents. Note the period, property and payer for each. Different sources may describe gross activity, net payouts or timing differently.
Build an explanation of differences
List fees, refunds, deposits, timing items and activity outside the selected books as questions to investigate. Trace each amount to a source record. Do not alter a correct booked figure just to match a document without understanding the difference.
Correct the underlying records
If you identify missing or duplicate activity, use the supported correction workflow with a source note. Re-run the report for the same dates after changes. Keep the old reconciliation and the corrected version so the review remains understandable.
Hand over unresolved questions
Give your accountant the reports, reconciliation and source documents together. Ask about any corrected information statement or filing adjustment they consider necessary. This guide does not predict audit risk or determine taxable income; it is not tax advice.
Before you finish
- Label the scope of every source.
- Explain gross-to-net and timing differences.
- Keep unresolved items for the reviewer.
Keep your next step simple.
Use the product guide for the app workflow, or contact support with your question. Bookkeeping reports are not tax advice; review filing decisions with a qualified professional.