Accounting & Bookkeeping Services

Bookkeeping is the process of keeping track of a business’s financial transactions. It involves four basic steps:

1) analyzing financial transactions and assigning them to specific accounts;

2) writing original journal entries that credit and debit the appropriate accounts;

3) posting entries to ledger accounts; and

4) adjusting entries at the end of each accounting period. With proper bookkeeping, companies are able to track all information in its books to make key operating, investing, and financing decisions.

Below is a list of the bookkeeping services we provide.

• Record payroll transactions.
• Reconcile all bank and credit card accounts to monthly statements.
• Record depreciation and amortization, verifying additions and updating depreciation schedules throughout the year.
• Reconcile other assets, such as accounts receivable, inventory, and prepaid expenses, to the subledgers.
• Record and process payments to vendors.
• Reconcile accounts payable and accrued liabilities to subledger and outstanding vendor billings.
• Reconcile all tax liabilities, including payroll, sales, and commercial activity tax.
• Review of financial reports for reasonableness.
• Preparation of financial statements, including balance sheet, statement of income, and statement of cash flow for distribution to company management.

Fractional CFO & Strategic Accounting Services

At Elevated Tax and Accounting, we go beyond bookkeeping. We partner with business owners as trusted advisors, offering the financial clarity, strategies, and forward-looking insights you need to confidently grow and scale your company.

Why Fractional CFO Services?

Not every business needs (or is ready to hire) a full-time CFO. That’s where we come in. Our fractional CFO services provide executive-level financial expertise at a fraction of the cost, giving you the benefit of strategic decision-making support without the overhead of an in-house hire.

We bridge the gap between bookkeeping and big-picture strategy, helping you move from simply tracking your numbers to actively leveraging them to make smarter decisions.

Our Services Include:

• Cash Flow Management – Forecasting and planning to ensure you have the working capital you need.
• Budgeting & Forecasting – Turning numbers into roadmaps to help you hit your business goals.
• Profitability Analysis – Identifying what’s working, what’s not, and how to maximize your margins.
• Financial Reporting & KPI Tracking – Clear, actionable reporting tailored to your business.
• Growth & Exit Planning – Strategies to prepare your business for the future, whether scaling or selling.
• Strategic Tax Planning – Ensuring tax efficiency is built into your broader business strategy.

Who We Serve

Our fractional CFO services are ideal for:

• Startups ready to scale
• Established small-to-midsize businesses looking for stronger financial insights
• Entrepreneurs who want to spend less time worrying about finances and more time growing their business

The Elevated Approach

We believe numbers tell a story—and our job is to help you read and write that story with confidence. With the right financial systems in place, you’ll gain not just reports, but a clear understanding of your company’s health and direction.

Tax SErvices