Welcome to Elevated Accounting's FAQs page! Here, we provide transparent insights into our services and approach. We value collaborative relationships with our clients, emphasizing transparency and support throughout our partnership. We're dedicated to helping you understand our capabilities just as much as we strive to understand your unique needs and goals.
Let's build a strong foundation together for your financial success. If you have more questions, feel free to reach out to us anytime – we're here to help!
Services
What services does Elevated Accounting offer? We specialize in a range of accounting services including bookkeeping, financial statement preparation, tax planning and preparation, payroll services, and business consulting.
What is the price for accounting services? We believe in tailoring our services to meet your specific needs. This means that pricing can vary based on factors such as the number of employees, accounts, payroll requirements, and more. To provide you with an accurate quote that aligns with your unique situation, we conduct a personalized discovery session. During this session, we gather all the necessary details to create a customized package that meets your specific requirements. This ensures that you receive the most relevant and cost-effective solutions tailored to your business.
What industries does Elevated Accounting serve? We have extensive experience across various industries including healthcare, real estate, construction, retail, and professional services.
How often should I update my financial records? Regular updates are essential for accurate financial reporting. We recommend updating your records at least monthly to maintain clarity and make informed business decisions.
Can Elevated Accounting help with business consulting? Absolutely, we provide expert guidance on financial management, budgeting, cash flow forecasting, and strategic planning to help businesses achieve their goals with our advisory services. We have options for individual sessions or more comprehensive fractional services. See our Services page for more detail.
Do you offer payroll services? Yes, we manage payroll processing, including calculating wages, withholding taxes, and ensuring timely payments to employees and tax authorities.
Do you do taxes? No, we specialize in providing comprehensive financial services rather than handling taxes directly. That being said, CPA's love us because of how we prepare your year end financial packages for them. If you enroll in our CFO or Controller package, we also implement tax liability projection. This collaborative approach allows us to focus on optimizing your financial strategy while ensuring compliance with tax regulations, making us a valuable partner for both businesses and CPAs alike.
What is included in financial statement preparation? Our financial statement preparation services include compiling balance sheets, income statements, and cash flow statements to provide a clear snapshot of your business's financial performance.
How do I get started with Elevated Accounting? Fill out the discovery form and we'll contact you to schedule a free consultation. We'll discuss your specific needs and goals, and tailor a service package that best suits your business. Why are discovery sessions necessary when starting with Elevated Accounting? Discovery sessions are crucial for us to gain a deep understanding of your business operations, financial landscape, and long-term objectives. These sessions help us uncover any unique challenges or opportunities your business may face. By aligning our services with your goals from the outset, we ensure a tailored approach that maximizes our impact on your financial success.
What is the purpose of filling out the intake form? The intake form serves as a foundational tool that helps us gather essential information about your business prior to our initial consultation. This includes details about your current financial status, industry specifics, and specific areas where you may need assistance. Filling out the intake form ensures that our consultation is productive and focused, allowing us to provide valuable insights and recommendations right from the start.
What are the client responsibilities when working with Elevated Accounting? At Elevated Accounting, we believe in a collaborative partnership with our clients. It's essential for clients to actively engage in our process by:
Providing timely access to financial documents and information.
Participating in discovery sessions to facilitate a thorough understanding of your business needs.
Responding promptly to inquiries and requests for additional information.
Implementing recommended strategies and adjustments to achieve financial goals effectively.
Why do you emphasize clear and proactive communication with clients? Clear and proactive communication is fundamental to our partnership approach. It ensures that both parties are aligned on goals, expectations, and timelines. By fostering open communication channels, we enhance transparency, mitigate potential misunderstandings, and promote a smooth workflow throughout our engagement.
How does Elevated Accounting ensure client satisfaction and success? We're dedicated to delivering measurable results and continuous improvement in financial management. Our team monitors progress closely, adjusts strategies as needed, and provides ongoing support to address emerging challenges or opportunities. We strive to exceed client expectations through our commitment to excellence and proactive client services.
What distinguishes Elevated Accounting's advisory services from typical business advisors? Our advisory services include providing strategic financial guidance at the CFO and Controller levels. This involves in-depth financial analysis, budgeting, cash flow management, comprehensive financial reporting, and strategic planning tailored to your business's specific needs. We invite you to explore Our Team page to discover more about our Advisory Team. Our exceptionally knowledgeable and forward-thinking team consists of Sarah Gould (CEO) & Nicky Franks (Business Advisor). Their innovative approach and deep, expertise make them invaluable partners in driving your business towards success.
How does having a Fractional CFO benefit my business, and what expertise do they bring? A fractional CFO at Elevated Accounting serves as your strategic financial partner. We bring extensive expertise in financial management, strategic planning, and decision-making support. This role is crucial for businesses looking to optimize financial performance, manage growth, and navigate complex financial challenges effectively.
Could you explain the responsibilities of a Fractional Controller and how they contribute to my business's financial health? Our fractional controller services focus on ensuring accurate financial reporting, maintaining financial controls, and overseeing day-to-day accounting operations. We play a vital role in providing timely insights, improving financial transparency, and supporting decision-making processes across your organization.
How is Elevated Accounting different from any other accounting firm? Elevated Accounting sets itself apart by its commitment to transparency and cutting-edge systems that facilitate collaboration across the entire firm. Unlike traditional approaches where clients may rely heavily on one individual, our integrated systems ensure that clients benefit from the collective expertise of our team. This enables us to provide robust, multidimensional solutions that are aligned with your business's needs and goals. How does Elevated Accounting adapt to meet client needs? Elevated Accounting sets itself apart by its commitment to understanding each client's unique needs through discovery sessions. We continually reassess and grow with you, whether you're just starting out or have an established business. This allows us to adapt our approach, strategize effectively, and optimize our services to meet your evolving needs at every stage of your business journey. Our personalized approach ensures that you receive the precise support and guidance necessary to achieve your financial goals effectively. At Elevated Accounting, we value personal relationships and assure you that you're not just a number to us – we're your dedicated partner in success.
