Averan Prime Senior Placement Bookkeeping Conversion Package
Averan Advisors takes over the books for an open Prime Senior Placement 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 Prime Senior Placement conversion package
The conversion package is for Prime Senior Placement owners who already have a bookkeeper and want to switch. The work follows Prime Senior Placement’s 2026 FDD and your franchise agreement. A dedicated senior care specialist handles your account.
- A written review of your current Prime Senior Placement books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report Prime Senior Placement asks for.
- Recent Prime Senior Placement royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the Prime Senior Placement conversion package includes
Books review
We review your current Prime Senior Placement 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 Prime Senior Placement asks its owners for.
Fee check
We recalculate recent Prime Senior Placement royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system Prime Senior Placement requires, its client scheduling and billing 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 Prime Senior Placement’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 Prime Senior Placement books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
Prime Senior Placement 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.
Prime Senior Placement reports
The books produce the monthly report Prime Senior Placement asks for.
Prime Senior Placement figures from the FDD
Prime Senior Placement’s 2026 FDD, issued 30 April 2026, makes no financial performance representation in Item 19, so it gives no sales or profit figure. A Prime Senior Placement franchise costs $74,845 to $94,510 to open, and $63,395 of that is paid to the franchisor. Fees paid to Prime Senior Placement come to about 10%* of sales.
The Prime Senior Placement initial franchise fee is $49,900, which is part of the Prime Senior Placement Item 7 estimate, according to Prime Senior Placement’s 2026 FDD.
6 Prime Senior Placement locations opened in the last year that Item 20 of Prime Senior Placement’s 2026 FDD reports.
Send us to start
- Your signed Prime Senior Placement franchise agreement.
- Prime Senior Placement’s current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of Prime Senior Placement 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 Prime Senior Placement requires.
- The client scheduling and billing system.
- The Prime Senior Placement 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 Prime Senior Placement owners switching bookkeepers
Can I switch my Prime Senior Placement 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 Prime Senior Placement books?
We check that every account matches its statement, recalculate recent Prime Senior Placement royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report Prime Senior Placement 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.
* Averan Advisors calculation from the figures in Prime Senior Placement’s 2026 FDD.
Where to next
Talk to us about switching your Prime Senior Placement books
Send the short form for the Prime Senior Placement 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