WASATCH ACCOUNTING

AS A BUSINESS OWNER YOU CAN FIND HOURS OF YOUR TIME OCCUPIED IN TRANSACTIONAL OVERLOAD. THERE ARE A LOT OF ACCOUNTING SOFTWARE THAT WILL CLAIM TO RELIEVE THIS LOAD BUT AT THE END OF THE DAY YOU DONT MAKE MONEY CATEGORIZING TRANSACTIONS. HERE AT WASATCH ACCOUNTING WE CAN MANAGE MULTIPLE LEVELS OF INTEGRATION. SOFTWARE CAN HELP BUT IT IS NOT A COMPLETE SOLUTION.  WE HAVE COST EFFECTIVE SOLUTIONS THAT CAN HELP YOU MANAGE YOUR QUICKBOOKS ONLINE/DESKTOP, XERO, WAVE, ZIPBOOKS,  FRESHBOOKS, ACCOUNTING CS, ACCOUNTANTS WORLD OR ANYTHING ELSE

WE OFFER FULL SERVICE DOUBLE ENTRY ACCOUNTING FOR SMALL AND MEDUIM SIZED BUSINESSES. WE SPECIALIZE IS BUSINESSES THAT MIGHT BE TOO SMALL TO CAPTURE THE ATTENTION OF A LARGE CPA FIRM BUT NOT QUITE BIG ENOUGH TO HIRE THEIR OWN IN HOUSE TEAM. WE HAVE FOUND THAT MANY BUSINESS OWNERS CAN ASSEMBLE AN ACCURATE PROFIT AND LOSS IF REQUIRED, HOWEVER WHEN IT COMES TO A BALANCE SHEET, EQUITY ACCOUNTS, LONG TERM VS SHORT TERM LIABILITIES, CAPITALIZED ASSETS, TAX TO BOOK DEPRECIATION, THEY GET LOST. LOST HOURS, FRUSTRATION AND CONFUSION OFTEN DECRIBE THE PROCESS. 

WE LOVE ACCOUNTING. THE REASON WE LOVE ACCOUNTING IS THAT WITH GOOD DATA YOU CAN PREDICT THE FUTURE. WE WORK WITH OUR CLIENTS TO CREATE ACCURATE HISTORICAL DATA SETS SO THAT YOU CAN HAVE THE CONFIDENCE TO MAKE PREDICTIVE DECISIONS ABOUT THE FUTURE. Using this data we can discover trends in your business that you may not have been aware of in the past. These trends can help you have confidence in the direction of your business and can help you discover untapped potential revenue streams. THIS IS THE POWER OF ACCOUNTING. 

A KEY CONCERN FOR MANY BUSINESSES IS CASH FLOW. A PROFITABLE COMPANY CAN ALWAYS RUN INTO SITUATIONS THAT MAY LEAD TO CASH FLUCTUATIONS. Financial forecasting is an effective tool for planning, however if you do not have the cash on hand to back it up, you won’t make the progress you need. A cash flow analysis can tell you how influxes of revenue and outflows of payables affect cash on hand. This analysis can help you make important decisions, such as whether or not you should consider securing financing or an outside investor. It can also tell you what you can afford to reasonably pay should you decide to take out a loan or buy inventory — while continuing to meet your normal financial obligations.

Business are facing an every changing environment, from Internet Technologies to outsourced services and tax planning to a changing workforce. Here at Wasatch Accounting have over 35 years experience running our own business in this dynamic arena. We take those lessons learned and skills and apply them to your business. We work with business owners to understand their long-term plans for the business and for themselves. We can then use that knowledge and our expertise, cash flow analysis, projections and accounting, to help you craft an actionable business plan and exit strategy. These plans are not static papers but dynamic plans that can change and adapt along with you.