Business Accounting Services
Stay current throughout the year with monthly accounting, payroll support, timely filings, and organized financials prepared with year-end tax planning and preparation in mind.
How We Manage Your Books
Good accounting should give you a clear and consistent picture of your business throughout the year, not require you to reconstruct everything at tax time.
At Gatewood, we keep your accounting records organized, up to date on a regular schedule, and coordinated with your greater financial goals. Your accounting records are maintained throughout the year with year-end tax preparation in mind, helping reduce cleanup, identify items that need additional information, and provide your tax preparer with organized financial information to begin the return process.
The goal is simple: better records throughout the year, fewer year-end surprises, and financial information you can actually use to understand your business.
What Our Service Includes
Monthly Bookkeeping
Your books are updated and reconciled each month, giving you more timely financial information to understand your business, monitor performance, and make informed decisions throughout the year.
Bank and Credit Card Reconciliations
Financial Statement Compilation
Payroll Processing
Sales and Use Tax Filings
Year-End Close Package
Your Integrated Financial Plan
For many business owners, the company is the largest asset the household owns. How you pay yourself, which retirement plan you sponsor, when you reinvest and how you eventually retire or sell all shape your personal plan and your retirement, this year and in the years that follow.
That is why Gatewood includes the value of your business in your personal plan, and why one team manages both around one set of goals.
Every service on this wheel works from the same plan, so each one you use adds to a single picture: the business side shows what the company earns, owes and is worth, and the household side shows what that means for your income, savings, taxes and family. You can begin with the service you need most today and add others as your business and household change.
Your Household Plan
For the Families Behind the Business
Behind every business are families who depend on it.
The owner's household depends on what the company is worth and what it distributes. Each employee's household depends on the paycheck, the benefits and the plan they were enrolled in on their first day. We have never met a business decision that stopped at the business — which is why we built the firm to serve the family behind it.
Gatewood Tax and Accounting keeps the books and files the returns, and the rest of the firm reads what they produce: your Wealth Advisor on what the business can afford to distribute, your Wealth Planner on what that means at home, and the Investment Committee on where those distributions land.
That is what we call Firm-to-Family®, and it is why your plan is supported by a diverse and experienced team rather than one person.
Frequently Asked Questions
Bookkeeping is the recording. Accounting is what the recording is for.
Bookkeeping captures the day-to-day financial activity of your business by recording transactions, reconciling accounts, and maintaining the ledger. Accounting builds on those records through financial reporting, review, and year-end accounting, helping turn the activity in your books into a clearer picture of your business.
Most businesses need both, because good accounting starts with good bookkeeping.
No. Business accounting is available on its own through Gatewood Tax and Accounting, and clients of Gatewood Tax and Accounting are not required to become clients of Gatewood Wealth Solutions.
No. Business Accounting is provided by Gatewood Tax and Accounting, a separate legal entity and not affiliated with LPL Financial, and is billed separately at its own rate.
Gatewood Tax and Accounting is still a part of Gatewood and although you're billed under another entity, you're working with the same team.
Your business needs an accounting function, but that doesn't always mean building an accounting department in-house.
We can serve as your back-office accounting team, providing ongoing support with bookkeeping, reconciliations, accounts payable and receivable, financial reporting, payroll preparation, sales and use tax filings, 1099 preparation, and year-end accounting coordination.
We work with you to determine the right level of support for your business and adjust that support as your needs evolve.
Yes. Many businesses need help getting their accounting records back on track. We can review your current records, identify areas that may need attention, and develop an approach for bringing your books current.
From there, our ongoing Business Accounting Services can serve as your back-office accounting support and help you maintain a more consistent accounting process throughout the year.
Accounting creates the financial foundation. CFO services use that foundation to help you look ahead.
Our Business Accounting Services function as your back-office accounting support, helping maintain your books, reconciliations, financial reporting, and other ongoing accounting needs.
CFO Services build on that information through budgeting, forecasting, cash flow planning, KPI reporting, and strategic financial guidance.
Together, they connect the day-to-day financial side of your business with the bigger picture of where you're going.
Hear What Our Clients Say
“My wife and I moved to St. Louis four years ago and became Gatewood clients in 2024, on a referral from our daughter-in-law. Her father was an established attorney who had said good things about the team, and that recommendation was passed down to us. That introduction set an expectation, and the people there have matched it. We've met a lot of the team by now, and the impression has been consistent with every one of them. Each person we're introduced to is professional, smart, and they work together well as a group — which says something about the people Gatewood hires…” Read more.
“A friend of a friend referred us to the team over 20 years ago, and we've been together ever since. My wife and I have changed jobs and time zones more than once, but they've been a constant through it all. Even when moving to different parts of the country, we always keep our ties to St. Louis wherever possible, and we appreciate the Midwestern values of Gatewood. The relationship we’ve developed over the years has built trust in the team that they are honest and always have our best interests in mind. They’ve helped us with everything from moving our 401(k)s to managing our investments day-to-day…” Read more.
“My husband and I began working with Brian in 2019 and have been very pleased with the level of service we’ve received ever since. Our client care team, Nina and Jake, have taken the time to truly listen to our goals and actively make adjustments to reflect our evolving needs over time. What I appreciate most is the combination of knowledgeable, focused guidance always delivered with genuine care and humility. We've been so impressed with their timeliness and attention that we've introduced them to our parents, siblings and adult children and now they are advising three generations of our family. Their support with tax planning, administrative tasks, and retirement income planning has become even more comprehensive over time, and I always feel that our questions are fully addressed promptly and thoughtfully…” Read more.
“As a client of Gatewood for over 10 years now, I am very pleased with the experience I’ve had with my team. Whenever I have questions or need advice, they are always available with professional and helpful guidance. They really get to know their customers so that they can provide personalized service and are very responsive when I contact them and they do a great job managing my portfolio. I had a turning point in my life, and they were very helpful in analyzing financial impacts and helping to manage through it. I highly recommend their services.” Read more.
“What has stood out most over our decade-long relationship with Gatewood is how genuinely they listen. Our advisor takes the time to understand our full financial picture and has made a point to build a relationship with my wife as well, so she feels comfortable working with the team whether I'm present or not. Having everything coordinated in one place, with great online tools at our disposal, has been invaluable. Our team is responsive whenever we have questions and has always followed through with care and professionalism. Beyond the planning itself, it's the personal relationships we've developed that make this partnership something we're truly grateful for.” Read more.
“Our relationship with Gatewood Wealth Solutions has evolved over the years right along with our family. From building and protecting our wealth to retirement and estate planning, Gatewood has guided us and enabled our objectives. It’s assuring to know skilled professionals we trust are working with us to optimize what we have worked for all our lives.” Read more.
Important Disclosure: The statements provided are testimonials by clients of the financial professional. The clients listed have not been paid or received any other compensation for making these statements. As a result, the client does not receive any material incentives or benefits for providing the testimonial. These views may not be representative of the views of other clients and are not indicative of future performance or success.
Let's Build Your Wealth With Purpose
With expertise and care, we're here to build a personalized plan for wealth that instills confidence for all of life’s key moments. Schedule a conversation with our team today.