Averan Prism Specialties Bookkeeping Conversion Package
Averan Advisors takes over the books for an open Prism Specialties 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 Prism Specialties conversion package
The conversion package is for Prism Specialties owners who already have a bookkeeper and want to switch. The work follows Prism Specialties’ 2026 FDD and your franchise agreement. A dedicated cleaning and restoration specialist handles your account.
- A written review of your current Prism Specialties books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report Prism Specialties asks for.
- Recent Prism Specialties royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the Prism Specialties conversion package includes
Books review
We review your current Prism Specialties 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 Prism Specialties asks its owners for.
Fee check
We recalculate recent Prism Specialties royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system Prism Specialties 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 Prism Specialties’ 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 Prism Specialties books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
Prism Specialties 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.
Prism Specialties reports
The books produce the monthly report Prism Specialties asks for.
Prism Specialties figures from the FDD
Prism Specialties franchisees with two or more service lines had a 2025 median of $1,369,714 and an average of $2,303,597 across 30 franchisees, according to Item 19 of Prism Specialties’ 2026 FDD, issued 1 April 2026. Fees paid to Prism Specialties come to about 9.62%* of sales. A Prism Specialties franchise costs $167,277 to $383,939 to open.
The Prism Specialties initial franchise fee is $84,000, which is part of the Prism Specialties Item 7 estimate, according to Prism Specialties’ 2026 FDD.
Send us to start
- Your signed Prism Specialties franchise agreement.
- Prism Specialties’ current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of Prism Specialties 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 Prism Specialties requires.
- The job scheduling and invoicing system.
- The Prism Specialties 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 Prism Specialties owners switching bookkeepers
Can I switch my Prism Specialties 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 Prism Specialties books?
We check that every account matches its statement, recalculate recent Prism Specialties royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report Prism Specialties 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 Prism Specialties’ 2026 FDD.
Where to next
Talk to us about switching your Prism Specialties books
Send the short form for the Prism Specialties 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