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Do I need a controller if I use QuickBooks?

QuickBooks is excellent at recording what happened. It tracks deposits, payments, invoices, and bills. What it cannot do is determine whether those transactions are recorded correctly, whether the timing is right for your financials, or whether the resulting statements actually reflect your business performance.

A controller provides the judgment layer that software lacks. When your bookkeeper records a $50,000 payment, QuickBooks accepts it without question. A controller asks whether that payment should hit this month or be allocated across multiple months as a prepaid expense. They catch the vendor invoice that was double-entered. They notice when accounts receivable doesn’t match what customers actually owe.

The month-end close process illustrates the difference clearly. QuickBooks can generate a profit and loss statement any time you click the button. But that statement might include revenue for work not yet completed, expenses that belong in different periods, and depreciation that was never recorded. A controller reviews, adjusts, and verifies before the numbers become “official.” Without that step, you’re making decisions based on financial statements that could be materially wrong.

Consider what happens at year-end without controller oversight. Your CPA receives your QuickBooks file and starts asking questions. Why is this liability account negative? What’s in this clearing account with a $23,000 balance? Why doesn’t your bank reconciliation tie? Every hour they spend investigating is billable time you’re paying for, and the answers often reveal problems that should have been caught months earlier.

Controller services become necessary when your business reaches a certain level of complexity. Multiple revenue streams, prepaid expenses, accrued liabilities, fixed assets, inventory, intercompany transactions. QuickBooks can handle these technically, but someone needs to know how to handle them correctly.

The question isn’t really whether you need a controller instead of QuickBooks. You need both. QuickBooks handles the transaction recording. A controller ensures the financial picture those transactions create is accurate and useful for decisions. Controller services in Boca Raton provide that oversight layer without requiring you to hire a full-time employee at a six-figure salary.

If your bookkeeper handles day-to-day data entry and your financials close cleanly each month with reliable statements, you might not need additional oversight yet. If you’re unsure whether your financial statements are accurate or you avoid looking at them because they don’t make sense, that’s the signal a controller would add real value.

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More Questions

Do I need a CFO if I already have a bookkeeper?

A bookkeeper and a CFO serve different purposes. Bookkeepers handle the historical record of what happened. A CFO provides forward-looking financial strategy and decision support. Whether you need both depends on your business complexity and growth trajectory.

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How much does bookkeeping cleanup cost?

Most bookkeeping cleanup projects run between $1,500 and $5,000 for small to mid-sized businesses. The final cost depends on how many months need fixing, transaction volume, and how messy the records are.

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How does a controller ensure accurate financial statements?

A controller ensures accuracy through systematic review of all account balances, proper adjusting entries, reconciliation verification, and documented month-end close procedures. They serve as the quality control layer between day-to-day bookkeeping and final financial statements.

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What reconciliations does a controller perform?

Controllers reconcile balance sheet accounts that require judgment and investigation beyond basic bank matching. This includes accounts receivable, accounts payable, fixed assets, accruals, prepaids, loans, and intercompany balances.

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Can a fractional CFO help me negotiate with banks?

Yes. A fractional CFO prepares the financial documentation banks want to see, speaks their language during negotiations, and brings credibility that business owners often lack when presenting financial information alone.

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What does a month-end close process include?

A proper month-end close includes transaction cutoffs, bank reconciliations, adjusting entries for accruals and prepaids, balance sheet review, and final financial statement preparation. The goal is accurate financials you can trust for decisions.

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Premium controller and CFO advisory services for South Florida businesses, located in Boca Raton. Jargo delivers executive-level financial leadership to companies that have outgrown basic bookkeeping. Owned and operated by a CPA with over 15 years of C-suite experience.

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