Averan ShelfGenie Bookkeeping Conversion Package
Averan Advisors takes over the books for an open ShelfGenie 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 ShelfGenie conversion package
The conversion package is for ShelfGenie owners who already have a bookkeeper and want to switch. The work follows ShelfGenie’s 2026 FDD and your franchise agreement. A dedicated home improvement specialist handles your account.
- A written review of your current ShelfGenie books.
- Every account matched to its statement on your switch date.
- Accounts rebuilt to produce the monthly report ShelfGenie asks for.
- Recent ShelfGenie royalty and fee charges checked against your agreement.
Do you have 30 minutes this week? Book a 30-minute call.
What the ShelfGenie conversion package includes
Books review
We review your current ShelfGenie 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 ShelfGenie asks its owners for.
Fee check
We recalculate recent ShelfGenie royalty and fee charges from your sales and check them against your franchise agreement.
Systems reconnected
We reconnect the point-of-sale system ShelfGenie 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 ShelfGenie’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 ShelfGenie books
Reconciliations
Every bank, card and loan account matched to its statement.
Royalty and fees
ShelfGenie 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.
ShelfGenie reports
The books produce the monthly report ShelfGenie asks for.
ShelfGenie figures from the FDD
ShelfGenie franchisees averaged $123,918 of sales in 2025, with a median of $91,751, according to Item 19 of ShelfGenie’s 2026 FDD, issued 1 April 2026. The 234 in that group are 89%* of ShelfGenie’s 262 franchised territories. Fees paid to ShelfGenie come to about 13.07%* of sales. A ShelfGenie franchise costs $95,300 to $148,350 to open.
The ShelfGenie initial franchise fee is $69,500, which is part of the ShelfGenie Item 7 estimate, according to ShelfGenie’s 2026 FDD.
At the ShelfGenie average of $123,918 of sales a year, the 7% royalty comes to about $723* a month and the 2% brand fund to about $207* a month.
13 ShelfGenie locations opened in the last year that Item 20 of ShelfGenie’s 2026 FDD reports.
At the end of the last year that Item 20 reports, ShelfGenie had 7 franchise agreements signed for locations not yet open.
Send us to start
- Your signed ShelfGenie franchise agreement.
- ShelfGenie’s current FDD.
- Your last 12 months of financial statements.
- Your last 12 months of ShelfGenie 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 ShelfGenie requires.
- The job scheduling and invoicing system.
- The ShelfGenie 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 ShelfGenie owners switching bookkeepers
Can I switch my ShelfGenie 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 ShelfGenie books?
We check that every account matches its statement, recalculate recent ShelfGenie royalty and fee charges, clear uncategorized transactions, explain every balance sheet account and confirm the books produce the report ShelfGenie 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 ShelfGenie’s 2026 FDD.
Where to next
Talk to us about switching your ShelfGenie books
Send the short form for the ShelfGenie 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