A Cloud Above Accounting

A Cloud Above Accounting I help small business owners eliminate fear and confusion of bookkeeping and feel confidence instead!

I help small business owners with $500K plus in revenue who have been in business at least 1 year to set up, clean up, catch up, or keep up their bookkeeping. They use either Xero or QuickBooks Online, or they want to use Xero but haven’t set it up yet. My ideal client wants to eliminate the fear and confusion around bookkeeping so they can feel secure that their financials are ready for taxes, im

portant business decisions, and all opportunities as well as feeling supported as they grow. Website: www.acloudaboveaccounting.com
Xero Advisor page here:
https://www.xero.com/us/advisors/bookkeeper/a-cloud-above-accounting-c8a2e8def8a5/
QBO ProAdvisor page here:
https://proadvisor.intuit.com/app/accountant/search?searchId=acloudaboveaccounting

Cash flow problems rarely happen overnight.They usually start as small warning signs that get ignored. Shrinking margins...
03/31/2026

Cash flow problems rarely happen overnight.

They usually start as small warning signs that get ignored.

Shrinking margins. Rising expenses. Unreconciled accounts. Negative balances.

The earlier you catch them, the easier they are to fix.

When was the last time you reviewed your reports?

If you are seeing any of these red flags in your business, it may be time for a full review of your business finances.

Send us a message to schedule a review or cleanup.

There is no standard formula for calculating reasonable compensation. It is not a fixed percentage or a simple calculati...
03/30/2026

There is no standard formula for calculating reasonable compensation. It is not a fixed percentage or a simple calculation.

The IRS looks at facts and circumstances to decide what is reasonable versus unreasonable.

Some key factors include:

- The financial condition of the business
- The duties you perform
- The number of hours you work
- The company’s compensation policy for all employees
- What similar roles in your industry are paid
- Your qualifications, including degrees, certifications, and experience

Each situation should be evaluated individually.

Your reasonable salary may also change over time. As your business grows and your responsibilities shift, your compensation should reflect that.

Stay organized, compliant, and confident with our year-round accounting and tax support.

Book a call to make sure your books are truly tax ready.

Bank statements alone do not substantiate your deductions. They show that a transaction happened, but they do not explai...
03/29/2026

Bank statements alone do not substantiate your deductions. They show that a transaction happened, but they do not explain the business purpose behind it.

Here is what proper documentation actually looks like:

- Mileage logs with the date, destination, business purpose, and miles driven

- Asset purchase records showing the invoice, in service date, and business use percentage

- Payroll reports, filed tax forms, and proof that payments were made

- Meal receipts that show the date, total, and clear business purpose

- Home office records that prove exclusive use and accurate square footage

Clean books are step one. Solid documentation is step two.

Follow for more reminders and tax tips to make running your business easier.

If revenue slowed down tomorrow, how long could your business operate without stress?As a general guideline:- 1 to 2 mon...
03/28/2026

If revenue slowed down tomorrow, how long could your business operate without stress?

As a general guideline:

- 1 to 2 months covers short term dips
- 3 months provides basic stability
- 6 months offers strong financial security

The right number depends on your industry, overhead, payroll, and how predictable your income is.

If you have high fixed expenses or seasonal revenue, you may need a larger cushion.

Start simple by calculating your average monthly operating expenses.

Multiply that by the number of months you want covered.

That is your reserve target.

Cash reserves are not extra. They are protection.

Found this helpful? Follow our page for stress free and helpful tips for your business finances.

03/27/2026

Small, but consistent steps on a daily basis, while continuously refining them a tiny bit. In the long run, this leads to incredible results.

Keep moving forward but never stop.

What keeps you motivated everyday?

Spring is the perfect time to clean up more than just your space. It is time to clean up your balance sheet!Over time, a...
03/27/2026

Spring is the perfect time to clean up more than just your space. It is time to clean up your balance sheet!

Over time, accounts get messy. Old receivables sit unpaid. Liabilities are not updated. Accounts go unreconciled.

Here is where to start:

1. Review accounts receivable and follow up on overdue invoices

2. Write off uncollectible balances so your numbers reflect reality

3. Reconcile all bank and credit card accounts

4. Review common problem accounts like payroll liabilities and sales tax payable to make sure balances are accurate and payments are recorded correctly

5. Check for negative balances in asset accounts such as bank accounts or accounts receivable, which typically should not be negative and may signal errors or miscategorized entries.

Your balance sheet should clearly show what you own and what you owe!

Clean numbers create clarity and confidence.

We can get you there! Reach out when you’re ready to take the stress out of your business finances.

Good accounting is not just about staying organized. It directly impacts how much tax you pay.When your books are accura...
03/26/2026

Good accounting is not just about staying organized. It directly impacts how much tax you pay.

When your books are accurate and up to date, you:

- Capture every legitimate business expense
- Track deductions correctly
- Avoid missed write offs
- Reduce errors that can trigger penalties
- Plan ahead instead of scrambling at tax time

It's the key to unlocking hidden deductions, preventing costly errors, and reducing your taxable income.

Accounting is not just admin. It is protection.

Are your books tax ready?

Good accounting can change how you run your business!

Book a call if you’re interested in how we can work together.

You still have time to get organized. You just need to focus on the right things.Here is where to start:1. Reconcile all...
03/25/2026

You still have time to get organized. You just need to focus on the right things.

Here is where to start:

1. Reconcile all bank and credit card accounts so your books match your statements and your reports are accurate.

2. Review your profit and loss to identify missing income, uncategorized expenses, or unusual transactions.

3. Gather receipts and documentation for large purchases, travel, meals, equipment, and any major deductions.

4. Gather documents immediately by collecting W 2s, 1099s for income, and mortgage interest or charitable contribution records.

5. Review all personal and business information before filing, including social security numbers, employer identification numbers, calculations, and signatures, since small errors can cause rejected returns or delayed refunds.

6. File an extension if needed by submitting Form 4868 by April 15 for an automatic extension to October 15, and pay any estimated taxes owed to help avoid penalties and interest.

Do not aim for perfect. Aim for accurate and complete.

And if your books feel too messy to tackle alone, it is okay to ask for help, we are here to help.

Strong businesses rarely depend on a single income source. They build multiple revenue streams that support cash flow an...
03/24/2026

Strong businesses rarely depend on a single income source. They build multiple revenue streams that support cash flow and long term growth.

Here are successful revenue stream examples for small businesses:

- Core services: Your primary offer such as therapy sessions, consulting, or other client based services that generate consistent income.

- Product sales: Retail products, supplements, branded merchandise, or digital downloads that complement your services.

- Packages or treatment plans: Bundled services paid upfront to improve cash flow and client commitment.

- Membership or maintenance plans: Recurring monthly revenue for ongoing care or support.

- Workshops or group sessions: Educational events that allow you to serve multiple clients at once.

- Online programs or virtual services: Expanding beyond your local area through digital offers.

- Affiliate income: Recommending trusted products or tools and earning commission.

Which revenue stream are you currently building?

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1090 S Wadsworth Boulevard, Ste. C-3122
Lakewood, CO
80226

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