OPS Accounting · Chicago

Accounting built around the problem.

Powered by the Walrus Method.

OPS Accounting works with businesses and their owners on accounting, reporting, business tax and advisory. Our work is guided by the Walrus Method: start with the problem, use the right tools, and understand the answer.

Beyond Software-Ism

The accounting software and the accounting are not the same thing.

Accounting work too often begins with the software: repair the file, clear the warnings, fix years of transactions, then hope useful numbers eventually emerge. Walrus reverses that order. Start with the accounting problem and the underlying source data. Structure it, reconcile it, review it and establish what can actually be supported. Then decide what the software needs.

Understand first. Configure second.
Catch-Up Accounting Without the Software Rebuild

Need accurate numbers now?
You may not need weeks inside the accounting file.

When books are behind, incomplete or unreliable, businesses may still need useful financial information now—for a tax return, a lender, an owner, a partner or another third party. Walrus separates producing reliable accounting information from repairing the software.

In the right situation, source data can be consolidated into a controlled model, mapped, reconciled and reviewed to produce supportable information in minutes or hours instead of days or weeks. The accounting platform can be cleaned up or rebuilt afterward if that work is actually necessary.

Tax Catch-Up

Establish supportable business activity without making a perfect historical software file the first requirement.

Banks & Lenders

Organize and reconcile financial activity when a lender needs useful information before the books are fully repaired.

Third-Party Reporting

Produce a transparent, reviewable model for owners, partners and other stakeholders.

Software Cleanup

Repair the system of record deliberately after the immediate accounting need has been solved.

The Practice

Accounting for businesses and their owners.

Financial Reporting

Monthly, quarterly and year-end reporting designed around what the business actually needs.

Business Tax

Preparation and planning for S corporations, partnerships and LLCs, C corporations and their owners.

Advisory

Cash flow, margins, KPIs, forecasting, entity analysis, tax strategy and decision support.

Financial Systems

Practical accounting systems built around the business rather than around a software workflow.

The Method Behind OPS

OPS Accounting is the practice.
Walrus is the method.

OPS Accounting is the operating accounting practice. Walrus is the method developed from decades inside the work. The same methodology is also taught separately to accountants and business owners through Walrus Accounting training.

Founder

Built from 30 years inside the work.

Founder Ted Gales has spent three decades working with small enterprises, startups and growing companies—from controllership and structured finance to tax, financial modeling and large-scale accounting process design.

Start Here

Run with the Walrus.

Start with the accounting or tax problem the business needs solved today. Build the better process from there.