Know What You Own — and What You Owe
A balance sheet is one of the most important financial documents for any business. It gives you a snapshot of your company’s financial position — showing your assets, liabilities, and equity at a specific point in time. At Hawks Bookkeeping, we prepare clean, accurate balance sheets that help you make smart decisions, secure financing, and manage your business with confidence.
Whether you’re applying for a loan, preparing for tax season, or just want to understand your financial standing, we ensure your balance sheets are complete, compliant, and easy to understand.
We work with businesses across Rock Springs, WY and surrounding areas — offering 24/7 virtual support and tailored reporting that grows with your business.
Why Your Business Needs a Balance Sheet
A profit and loss statement shows how much you’re making, but your balance sheet tells the bigger story — what your business is truly worth and how stable it is financially. A well-prepared balance sheet helps you:
Understand your net worth
Track assets like cash, inventory, equipment, and accounts receivable
Monitor liabilities such as loans, credit card balances, and vendor payables
Know how much equity you’ve built in your business
Apply for business loans, lines of credit, or grants
Demonstrate financial health to investors, lenders, or partners
Prepare for tax filing or audits
Without a reliable balance sheet, it’s difficult to plan ahead or protect your business during unexpected changes.
What’s Included in Our Balance Sheet Services
Our balance sheet preparation process is simple, transparent, and fully customized to your business. We organize and document your financial data in a way that’s easy to read, easy to share, and compliant with industry standards.
Assets Breakdown
We clearly list your business’s assets, including cash on hand, bank account balances, accounts receivable, inventory, vehicles, property, and other assets.
Liabilities & Debt Tracking
We identify and document short- and long-term liabilities, including credit lines, outstanding bills, vendor balances, payroll obligations, and loans.
Owner’s Equity / Retained Earnings
We calculate your business’s true value after debts are subtracted from assets, giving you an accurate picture of your financial stake in the business.
Customized Reporting
We tailor your balance sheet to your business model, industry, and reporting needs — whether you’re preparing for a lender, tax preparer, or internal review.
Timely Preparation
Get monthly, quarterly, or on-demand balance sheets that keep your financials up to date and decision-ready.
QuickBooks Integration
If you use QuickBooks or another software platform, we’ll pull your data directly and ensure your reports align with your existing records.
Industry-Specific Balance Sheet Support
Contractors and construction firms tracking equipment and job-related receivables
Restaurants and food businesses managing inventory, vendor credit, and POS balances
Trucking companies with loans, fuel expenses, and asset-heavy operations
Real estate agents and property managers with complex commission tracking or escrow accounts
Medical and dental practices with equipment financing and insurance receivables
Nonprofits tracking restricted vs. unrestricted assets and donor funding
Online sellers and e-commerce businesses managing inventory, merchant accounts, and digital platforms
We make sure your balance sheet reflects the true financial structure of your operation.
Why Choose Hawks Bookkeeping?
Our clients across Rock Springs and the surrounding 100-mile radius rely on us for accurate, responsive financial reporting. Here’s why Hawks Bookkeeping stands out:
Personalized Support
With 24/7 virtual access and flexible appointments, we’re available on your schedule — not just during business hours.
Available When You Need Us
With 24/7 virtual access and flexible appointments, we’re available on your schedule — not just during business hours.
Women-Owned and Community-Driven
As a local, women-owned business, we’re proud to support other small business owners with services that prioritize trust, clarity, and long-term success.
Reliable, Audit-Ready Documentation
We keep your records organized, complete, and easy to reference — so whether it’s tax season, an audit, or a funding application, you’re always prepared.
Full-Service Financial Support
Balance sheets are just one part of our comprehensive offerings. From monthly bookkeeping to profit & loss statements and reconciliation, we’re your long-term financial partner.
FAQs – Balance Sheet Preparation
What exactly is a balance sheet?
A balance sheet is a financial report that shows your company’s assets, liabilities, and equity at a specific point in time. It helps you see what you own versus what you owe.
How often should I get a balance sheet?
Many businesses review balance sheets monthly or quarterly. We can tailor the frequency to your needs, including one-time reports for loans or tax prep.
Can you prepare a balance sheet if I’m behind on my books?
Yes. We offer bookkeeping catch-up services and cleanup support to bring your records current so we can generate accurate reports.
Is this something I can show to a lender or CPA?
Absolutely. Our reports are formatted for professional use and are suitable for sharing with banks, tax professionals, and business advisors.
Do I need QuickBooks to get started?
A: No. While we work with QuickBooks, we can also prepare balance sheets from other platforms or even paper records.
Get Clear on Your Business’s Financial Health
Your balance sheet tells the story of your business’s stability and value. Whether you're looking for better insight, preparing for taxes, or applying for financing, Hawks Bookkeeping is here to help.
Call (307) 870-2539 to get started
Email hawks.bookkeeping5@gmail.com Book your free consultation today — available virtually, 24/7.