Frequently Asked Questions
Frequently asked questions about English Oak Financial, answered plainly and in full from how we actually work. If yours is not here, contact us or read how we work with new clients. For service details, see our bookkeeping, controller and CFO pages.
Need this done for you? See our Bookkeeping service, or pricing. English Oak Financial does not prepare tax returns, perform audits or give investment advice.
Related pages
Common questions
Where is English Oak Financial based?
Our office is at 2701 N Thanksgiving Way, #100, Lehi, UT 84043. We work with businesses locally, across Utah and remotely, with most of our focus local.
What are your hours, and can I meet you in person?
We are open Monday to Friday, 9am to 5pm Mountain Time. Meetings can be by phone, video call or in person, by appointment. You can call (801) 306-0710 or email hello@englishoakfinancial.com.
Who do you work with?
Start-ups and small, growing businesses in most industries. We do not work with not-for-profit organizations.
What services do you offer?
Bookkeeping, a fractional financial controller and fractional CFO and advisory support, plus catch-up and cleanup bookkeeping when the books have fallen behind. The shorthand is record it, control it, drive it. See what we do.
How much does it cost?
Bookkeeping starts from $500 a month, the fractional controller from $1,500 and the fractional CFO from $2,500. Your price is custom to your business and charged as one fixed monthly fee that includes all the work required. Catch-up bookkeeping is quoted separately. See pricing.
Is the first conversation free?
Yes. Every engagement starts with a free 30-minute discovery call.
How long does onboarding take?
Onboarding typically takes 2 to 4 weeks. Your first monthly reporting pack follows the first full month-end close.
Is catch-up or cleanup work billed by the hour?
No. It is a fixed fee, quoted once we have reviewed the books.
Which accounting software do you work in?
We offer QuickBooks and Xero setup and support. See QuickBooks bookkeeping and Xero bookkeeping.
Do you handle payroll?
We work with your payroll provider, such as Gusto or ADP, record payroll correctly in your books and reconcile the liabilities. We do not run payroll or file payroll taxes.
What does sales tax support cover?
We track the sales tax you have collected and owe, reconcile it monthly and prepare the figures for filing by you or your CPA. We do not prepare tax returns.
Do you prepare tax returns, audits or investment advice?
No. We work alongside your CPA or tax professional.
Do you offer job costing or marketplace reconciliation?
Yes. We offer job costing for construction and trades businesses, reconciliation of marketplace and payment-processor payouts (Shopify, Amazon, Stripe, PayPal and Square), and project-level or matter-level profitability reporting for agencies and professional firms.
What does M&A and exit advisory cover?
We help owners get ready to sell: cleaning up and normalizing the financials, preparing a quality-of-earnings-style analysis and add-backs, building the financial model, assembling the data room and supporting the owner through buyer due diligence. We work alongside your broker, lawyer and tax adviser. Formal valuations, deal negotiation, legal advice, tax advice and investment advice are outside our services. See M&A and exit advisory.
Who does the work?
Jake McKenna leads every CFO engagement. He oversees all client work, and everything is reviewed by him before it reaches you.
Talk it through with us
Schedule a free introductory consultation. No surprise bills. No unnecessary services.
Schedule Consultation