Bookkeeping

Englewood small business bookkeeping from Lutz | Hoenig CPAs ensures accurate financial records, reconciled accounts, and professional reports for your growth.

Our Service

Reliable Business Bookkeeping and Financial Support

Lutz | Hoenig CPAs offers expert small business bookkeeping services in Englewood, CO, giving you the clarity and confidence to run your company efficiently. Our team handles the daily recording of financial transactions, bank reconciliations, and the preparation of accurate profit and loss statements. By maintaining a clean and organized general ledger, we ensure your business remains tax-ready, compliant, and financially transparent throughout the year.

With over 35 years of combined experience, Joe and Natalie help business owners track expenses, manage cash flow, and uncover growth opportunities. Our Englewood small business bookkeeping services simplify your financial management, allowing you to focus on what matters most—growing your business—while knowing your books are accurate, up-to-date, and strategically maintained.

Small Business Bookkeeping

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
     
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
     
  • Detect and prevent embezzlement of funds from within your company.
     
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
     
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
     
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
     
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

 

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
     
  • Determine what areas of your business are over-budget or under-budget.
     
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
     
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
     
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you:

  • quickly get a handle on the financial strength and capabilities of your business
     
  • identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively
     
  • determine if your business is in a position to expand
     
  • determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses
     
  • determine if you need to take immediate steps to bolster cash reserves
     
  • determine if your business has been slowing down payables to forestall an inevitable cash shortage

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.


Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.


Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Have Any Question?

Contact Lutz | Hoenig CPAs, your Englewood small business CPA, for reliable tax planning and expert financial consulting services.

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Bonnie Jackson profile picture
Bonnie Jackson
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We have been working with Lutz Hoenig CPA for many years, they are always reliable and personable. They make you feel like family and are always willing to answer our questions. We really appreciate all the hard work they have done for our family business!
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Juanita Dominguez profile picture
Juanita Dominguez
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We used Lutz Hoenig in our company’s infancy and still do today! Our business, LoveHair Color and Design, has been open since 2011. We left once only to come back. They offer excellent customer service and amazing accounting services. Their company has grown with ours. Joe, Natalie and their team are first rate! They go above and beyond on a daily basis!
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David Yosefian profile picture
David Yosefian
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After years filing on my own, followed a recommendation by my estate lawyer and Natalie did not disappoint. Super fast responses and she also found some missed opportunities and adjusted accordingly. The Tax Dome app helps keep things organized and I've already started uploading receipts for this year! Amazing!
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Britany Bentley profile picture
Britany Bentley
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We have been using Lutz Hoenig CPAs for almost 14 years now for our business. They are informative and brilliant in all things accounting and business.
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Dave Washington profile picture
Dave Washington
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I’ve been a client of Lutz Hoenig for over 9 years. They are a great company to work with and are always willing to help out when needed. They have been a great partner and deliver value. I’m glad they are on our team.
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Jay Wisner profile picture
Jay Wisner
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I’ve been with Joe Lutz since the day he started his accounting firm. He and now his daughter Natalie, have been super supportive especially in dealing with my on going battle with the IRS. I was audited every other year and never had “change” in my return. Despite the clean record we were forced into IRS tax court. Joe represented me and won the case decidedly. I have not been bothered by them since. If you are looking for honest, supportive, and considerate accountants….look no further.
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Phil Smith profile picture
Phil Smith
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I got to know Joe, Silva and Natalie through a networking group and they did my taxes for many years. They did a superb job, always professional and always thorough, and I became friends with them too. Very very positive experience all the way around.
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Adrie Anna García
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Knowledgeable, professional, and efficient. I highly recommend Lutz Hoenig CPA for your small business needs!
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tom stevens profile picture
tom stevens
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I began hiring Joe Lutz thrity-four years ago. I had little concern about choosing his firm as they were referred by a partner in a Boulder real estate brokerage. They have saved me way more than I have paid them. Their knowledge of the tax codes and the law, has caught things I would never have been aware of. You can expect freindly professional service.
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Kendra Williams profile picture
Kendra Williams
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Natalie and her team were so refreshing to work with. As a small business owner I appreciated how Natalie was always quick to respond and extremely knowledgable. They did an amazing job and I look forward to working with them in the future.
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