Averan Five Star Painting Bookkeeping Conversion Package
Averan Advisors takes over the books for an open Five Star Painting location from your current bookkeeper. We review what you have, fix what is wrong and switch at a month end, so no month is missed or closed twice.
The Five Star Painting conversion package
The conversion package is for Five Star Painting owners who already have a bookkeeper and want to switch. The work follows Five Star Painting’s 2026 FDD and your franchise agreement. A dedicated home improvement specialist handles your account.
- A written review of your current Five Star Painting books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report Five Star Painting asks for.
- Recent Five Star Painting royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the Five Star Painting conversion package includes
Books review
We review your current Five Star Painting books and send you a written list of what is wrong and what it takes to fix it.
Clean opening balances
We match every bank, card and loan account to its statement on your switch date.
Reporting format
We rebuild the chart of accounts so the books produce the monthly report Five Star Painting asks its owners for.
Fee check
We recalculate recent Five Star Painting royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system Five Star Painting requires, its job scheduling and invoicing system and your payroll to the books.
Records collected
We collect the files, workpapers and logins your current bookkeeper holds.
Analytics package
Each month we compare your results with the figures in Five Star Painting’s 2026 FDD.
First close on time
We close your first month with us by the 15th of the next month.
Timeline
- 1Kickoff5 business days
We hold a kickoff call and request access to your current books.
- 2Review10 business days
We send written findings, a scope and a price.
- 3CleanupSet in the scope
We fix the errors we found and rebuild the accounts.
- 4CutoverYour switch date
We move your systems to the new books and lock the opening balances.
- 5First closeBy the 15th
We close your first month and send your reports.
We set your switch date at a month end. Your current bookkeeper closes the month before it, and we close every month after it.
What we check in your current Five Star Painting books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
Five Star Painting charges recalculated from your sales and checked against Item 6 of the FDD.
Uncategorized items
Transactions left uncategorized or recorded as miscellaneous expense.
Balance sheet
Loans, payroll liabilities, sales tax and owner money explained.
Franchise fee and build-out
Recorded as assets and spread over the years they cover.
Five Star Painting reports
The books produce the monthly report Five Star Painting asks for.
Five Star Painting figures from the FDD
Item 19 of Five Star Painting’s 2026 FDD, issued 1 April 2026, reports Five Star Painting sales of $2.12 for each head of population and $4,439.87 for each job. A Five Star Painting franchise costs $82,200 to $194,600 to open, including a $45,000 initial franchise fee.
Send us to start
- Your signed Five Star Painting franchise agreement.
- Five Star Painting’s current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of Five Star Painting reports.
- Last year’s tax return.
- Your loan agreements and statements.
Access we need
- Accountant access to your current QuickBooks file.
- Your payroll processor.
- The point-of-sale system Five Star Painting requires.
- The job scheduling and invoicing system.
- The Five Star Painting reporting portal.
- Your invoice and expense software.
- View access to your bank accounts and credit cards, with no power to move money.
- How you want inventory tracked.
- The files, workpapers and logins your current bookkeeper holds.
Questions from Five Star Painting owners switching bookkeepers
Can I switch my Five Star Painting books partway through the year?
Averan sets your switch date at the end of any month you choose.
What do you check in my current Five Star Painting books?
We check that every account matches its statement, recalculate recent Five Star Painting royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report Five Star Painting asks for.
Who owns the QuickBooks file?
You do. If you already have a QuickBooks Online file, we work in it with accountant access. The file stays yours if you leave.
Where to next
Talk to us about switching your Five Star Painting books
Send the short form for the Five Star Painting conversion package, or book a 30-minute call about your current books and your switch date.
Request the conversion package → Book a 30-minute call