Bookkeeping for Growing Businesses in Holladay, UT
For owners who have outgrown basic bookkeeping: a second company, a second Holladay site, a first hire. Books closed by the 10th from South Jordan.
- Based in South Jordan, UT
- Melanie is your contact
- Call or email
Bookkeeping for Holladay businesses
Holladay is named for John Holladay, who led a group of pioneers known as the Mississippi Company into the Salt Lake Valley on July 29, 1847. As homes were built, commercial ventures developed at the intersection of Highland Drive and Murray-Holladay Road. Over time, businesses tended to move east of the intersection of Holladay Boulevard and Murray-Holladay Road, where more of the residents lived. The city itself was incorporated on November 30, 1999, as the City of Holladay-Cottonwood, and the name was shortened to Holladay a month later (City of Holladay history).
Ivory Balance Books serves Holladay remotely from South Jordan and works with businesses across Salt Lake and Davis County, plus clients nationwide. Melanie Mathews, a QuickBooks ProAdvisor, works with owners who have outgrown basic bookkeeping. Holladay's license rules are written around the business location, so a second site or a second company shows up in the city's paperwork as quickly as it shows up in the books.
Monthly Financial Reports in Holladay
A P&L, balance sheet and cash summary by the 10th, written to be read, so a decision about a second site rests on current numbers. See monthly financial reports.
Bookkeeping Cleanup in Holladay
Taking over a location or an entity with patchy records starts here: prior periods rebuilt and reconciled until the books are current and ready for your CPA. See historical cleanup.
Payroll in Holladay
Staff paid on schedule across every site, with state payroll registrations in every state your team works from. See payroll.
Monthly Bookkeeping in Holladay
Transactions categorized and every bank and card account reconciled, with the month closed by the 10th. See monthly bookkeeping.
One license for each Holladay location
Holladay requires a valid city business license for anyone conducting business inside city limits, and each business location needs a separate license. The city defines business widely, as every craft, trade, occupation, profession or activity pursued for gain or profit. Licenses are not transferable from address to address, city to city or owner to owner, and each one must be renewed annually.
Opening a second Holladay site means a second license, a second renewal date and a second fee to record. Books that tag every transaction to its location let an owner read revenue, rent and license costs site by site, and each renewal lands against the location it belongs to.
Officers, the DBA and the address on the application
The Holladay application asks for the owner or partners, a list of corporate officers if applicable, a Federal Identification Number, a Utah State Sales Tax ID number and proof of registration with the Utah Department of Commerce. The DBA must carry the Holladay address as its physical address and Holladay City as its city, and if either is incorrect it will require correction with the State. The physical street location cannot be a PO box.
For an owner running more than one entity, that list is a test of the paperwork. The company on the license, its federal ID, its sales tax account and its bank account all need to match. Books kept separately for each entity make it plain which company holds which number when the city asks.
Moves, name changes and new owners
In Holladay, a change of ownership or a move from another city requires a new application. A move within city limits or a change of business name needs the city's change forms, while a minor change such as a mailing address can be emailed to the licensing office. Moving to a new building, or changing the occupancy of a building, needs approved building permits before the license can be granted (Business Licensing).
Renewal notices are mailed 4 to 6 weeks before a license expires, and the licensee is responsible for renewing in time to avoid late fees. With several sites, those dates drift apart, and each renewal fee belongs in the books of the location it covers.
Who is the best bookkeeper in Holladay, UT?
For a Holladay business that has outgrown basic bookkeeping, the right bookkeeper reconciles every account monthly, closes on a fixed date and keeps each company's books separate. Ivory Balance Books is the done-for-you practice of Melanie Mathews, a QuickBooks ProAdvisor based in South Jordan. Books close by the 10th and the engagement is month-to-month. Call (385) 257-9602.
Holladay Bookkeeping FAQs
Do I need a separate Holladay license for a second location?
Yes. Holladay says each city business location will require a separate license, and licenses do not transfer from one address to another.
Does a home business in Holladay need a license?
Not always. As of May 9, 2017, Holladay no longer requires a license for a home-based business that has no employees or customers coming to the home and no impact on the neighborhood. A home business with clients, customers or employees coming to the property needs a Home Occupation Regulated Use license (City of Holladay).
How long does a new Holladay business license take?
The city puts the average processing time at 30 days, and up to 60 days with DABS licenses. Completed applications go to Fire, Police, Zoning and Building for approval, which may depend on a site inspection.
How do I get started?
Book a 15-minute discovery call, call (385) 257-9602, or send a message from the contact page. The call is complimentary, and Ivory Balance Books replies within one business day.
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Keep reading, or get in touch and tell us where your books stand.