Monthly Bookkeeping Maintenance

Monthly Bookkeeping Maintenance

Troy owns a small real estate investment company. He is very good at what he does and maintains a $2 million portfolio of properties.

There are many tax benefits that are available to Troy, but he needs to make sure that his expenses and purchases are booked correctly in order to legally keep as much of his money as possible.

Troy spoke with me about maintaining his books. He wanted all of his expenses entered, income tracked and financial statements prepared each month. He had trouble finding a bookkeeper to take care of this for him because he found that few bookkeepers understand how to maintain his assets properly on the balance sheet and the cost to have his accountant maintain his books was out of his budget.

Monthly, I meet with Troy and he hands me all of his receipts, bills, invoices, bank statements and trust account statements. On a monthly basis, I enter in all of this data and prepare financial statements for Troy.

Additionally, we have the data in the correct place so that Troy knows each month what the proper book value of each of his assets is and how much depreciation he can take each month.

Last year, when his accountant finished up his taxes he found that he had been able to take an additional $85,000 in credits because he had properly maintained books. Furthermore, he doesn't have to worry about the headache of maintaining his QuickBooks file anymore.

Troy knows that keeping his assets correctly is the foundation to his bookkeeping and...

...Your business THRIVES on a solid FOUNDATION!!!

801-440-4540

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jeremy President / CEO
Jeremy Lott's academic journey at Brigham Young University helped him found a landscaping company in 2006. Though the venture was initially successful, the 2008 market crash ultimately led to a heartbreaking bankruptcy. This pivotal moment spurred Jeremy to take charge of his financial future. Through rigorous self-education and academic pursuit, including an MBA at the University of Utah, he honed his accounting skills and became proficient in tools like QuickBooks. Now armed with expertise and experience, Jeremy helps business leaders in construction and other industries navigate financial uncertainties. His approach blends bookkeeping proficiency with strategic financial guidance, offering a lifeline to those seeking to transcend financial chaos and achieve lasting prosperity.