At UFM- Network, our mission is to empower businesses, CPA firms, and organizations of all sizes by delivering high-quality, cost-effective accounting and bookkeeping solutions. We are driven by our professional energy to reduce operational burdens, ensuring that our clients can focus on accelerating their growth. We aim to foster long-term partnerships by offering reliable, secure, Satisfactory and results-oriented services that consistently exceed expectations.
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About Company
Learn About Our Company
Welcome to Universal Financial Management Network (UFMNET), a premier destination for expert accounting solutions. Our dedicated team comprises certified accounting professionals with over 8 years of extensive industry experience. We specialize in a comprehensive range of accounting services tailored to meet the diverse needs of our clients in the USA, Canada, and Australia. Our offerings include meticulous bookkeeping, strategic tax preparation, thorough audits, and insightful financial analysis that empower businesses to thrive.
We pride ourselves on delivering reliable, high-quality solutions that maximize your return on investment (ROI) and enhance your financial performance. Understanding that each client’s needs are unique, we offer flexible service options, including remote, outsourced, and cloud-based solutions, ensuring you receive the support you require in a way that suits your business model.
At Universal Financial Management Network (UFMNET), we believe in a client-centric approach. We treat your projects as if they were our own, investing our time and expertise to drive exceptional results. Our mission is to foster long-lasting relationships built on trust, transparency, and mutual success. Experience unparalleled satisfaction and transformative, result-driven accounting services with us—where your financial goals become our passion and priority.
1+
Years Of Experience
1800 + Project Completed
Our Purpose
Our Vision
Our vision is to be the go-to partner for businesses seeking to streamline their financial processes and maximize profitability. We envision a future where organizations can operate with minimal overhead and greater efficiency, supported by our innovative and flexible financial services. By maintaining a commitment to data security, high-quality service, and client satisfaction, we aim to shape the future of outsourced accounting while driving success for every client we serve.
Our Services
Bookkeeping Services
We provide end-to-end bookkeeping services to support CPA and firms with clean, organized, and audit-ready financial data. Our team ensures timely recording, classification, and reporting
Daily/weekly/monthly transaction categorization
General ledger coding and journal entries
Accounts payable and receivable management
Bank and credit card reconciliations
Preparation of supporting schedules for trial balance
General Ledger Management
We maintain and reconcile the general ledger with high accuracy to ensure integrity and consistency across all financial reports, supporting CPA firms in their review, compilation, or audit engagements.
Journal entry posting with supporting documentation
Period-end ledger review and adjusting entries
Chart of accounts maintenance
Accrual and deferral entries as per GAAP
Reconciliation of control accounts
Payroll Processing
Accurate and timely payroll is critical to employee satisfaction and compliance. We handle multi-state payroll processing for your clients, ensuring timely salary payments and full compliance with IRS and state-specific tax regulations.
Payroll setup and processing (bi-weekly, semi-monthly, monthly)
Federal and state payroll tax calculations
Form 941, 940, W-2, W-3, 1099 filing support
Employee benefits, deductions, PTO, and bonuses management
Payroll journal entries and GL mapping
Accounts Payable & Receivable Management
Our AP/AR services help your CPA and firm manage client transactions efficiently—ensuring timely vendor payments and accurate receivables tracking to support working capital management.
Vendor invoice processing and aging reports
Bill payments scheduling and expense allocation
Customer invoicing and AR follow-ups
Cash receipts application and reconciliations
Monthly AP/AR aging and audit support reports
Bank and Credit Card Reconciliation
We reconcile your clients’ bank and credit card accounts with precision, detecting and resolving discrepancies while ensuring all balances match financial statements.
Monthly bank and credit card reconciliations
Identification of missing, duplicate, or erroneous transactions
Reconciliation reports for your review
Audit trail creation for each reconciled account
Integration with QuickBooks Online/Desktop, Xero, NetSuite
Financial Reporting & Analysis
We prepare accurate, GAAP-compliant financial reports and assist CPA and firms in presenting meaningful insights to their clients, aiding tax planning, forecasting, and audits. We provide customized financial reports, giving you insights into your business’s financial performance.
Monthly/quarterly/annual financial statements (P&L, BS, CF)
Budget vs. actual and variance analysis
Cash flow projections and forecasting
Client-ready financial packs for CPA review
Custom dashboards, KPIs, and ratio analysis
Income Statement Preparation
We help you track your business’s profitability by preparing detailed income statements (also known as profit and loss statements). This report outlines your revenues, expenses, and profits over a specific period, providing insight into your company’s financial health.
Balance Sheet Preparation
Our team prepares accurate balance sheets that reflect your company’s financial position at any given time. We detail your assets, liabilities, and shareholder equity, ensuring you have a clear snapshot of your business’s value.
Cash Flow Statement Preparation
Understanding your cash flow is crucial for managing day-to-day operations. We provide clear cash flow statements that track your inflows and outflows, allowing you to manage liquidity, forecast future needs, and make informed financial decisions.
Statement of Retained Earnings
We offer detailed statements of retained earnings, showing how much profit your business has reinvested over time. This service helps you track your company’s growth and profitability trends, as well as inform future financial planning.
Tax Preparation & Filing
Our team of tax professionals ensures accurate and timely preparation and filing of your business taxes. We handle all types of business tax returns, including:
- Corporate income tax
- Sales tax
- Payroll tax
- VAT/GST (for international clients)
Tax Planning & Strategy
Effective tax planning is essential for minimizing your tax burden and optimizing cash flow. We provide year-round tax planning services that include:
- Identifying tax-saving opportunities
- Strategic structuring of transactions
- Forecasting future tax liabilities
Audit Report Preparation
Accurate and comprehensive audit reports are crucial for maintaining transparency and meeting regulatory requirements. Our audit report services include:
- Internal audit reports
- External audit support
- Compliance audits
- Financial audits
Tax Audits & Representation
If your business is subject to a tax audit, we provide full representation to manage the process on your behalf. We liaise with tax authorities, prepare necessary documentation, and ensure that your interests are fully protected during the audit.
Transfer Pricing Documentation
For businesses with international operations, we offer transfer pricing documentation services to ensure compliance with global tax regulations. Our services include:
- Documentation of intercompany transactions
- Transfer pricing analysis
- Compliance with OECD guidelines
Statutory & Regulatory Audit Support
We assist businesses in preparing for statutory and regulatory audits, ensuring that your financial statements meet the required standards. Our services cover compliance with:
- Generally Accepted Accounting Principles (GAAP)
- International Financial Reporting Standards (IFRS)
- Local and industry-specific regulations
Data Collection & Integration
We help businesses collect, organize, and integrate data from various sources, ensuring a seamless flow of information for analysis. Our services include:
- Data migration and warehousing
- Integration of multiple data sources (CRM, ERP, marketing platforms, etc.)
- Real-time data syncing
- Data cleaning and validation
Descriptive Analytics
Gain a deeper understanding of your business’s past performance with our descriptive analytics solutions. We analyze historical data to help you identify trends, patterns, and key performance indicators (KPIs), providing insights into areas such as:
- Sales performance
- Customer behavior
- Operational efficiency
- Financial health
Predictive Analytics
Stay ahead of the competition by forecasting future trends with our predictive analytics services. Using advanced statistical techniques and machine learning models, we help businesses predict:
- Future sales and demand
- Customer churn
- Market trends
- Operational risks
Dashboarding & Data Visualization
We turn complex data into easily digestible visuals, empowering your team to make informed decisions quickly. Our interactive dashboards allow you to monitor your business performance in real time. We specialize in:
- Custom dashboards for real-time monitoring
- Data visualizations (charts, graphs, etc.)
- KPI tracking and performance measurement
Financial Analytics
Make informed financial decisions with our comprehensive financial analytics solutions. We analyze your financial data to provide insights into cash flow, profitability, cost management, and financial forecasting, ensuring that your business stays financially healthy.
Customer & Market Analytics
Understand your customers and market trends like never before. Our customer and market analytics services provide detailed insights into customer behavior, preferences, and purchasing patterns, helping you refine your marketing strategies and increase customer loyalty.
Industries we serve
Retail and E-commerce
E-commerce accounting services
Streamline inventory management, sales tracking, both brick-and-mortar stores and online platforms, sales patterns, Integrate advanced tools, manage payment gateways.
Healthcare Providers
Large hospital, or Private practice
Accurate billing, payroll management, patient payments, insurance claims, Budgeting and Forecasting, Regulatory compliance, Deductions.
Real State and Property Management
HOA, Contractor, Rental
Rental Income, Lease tracking, Renovation, Expense, Taxes, Payment to Outside contractor. Budgeting for renovation, Capital gains.
Manufacturing Companies
Cost Accounting, Inventory Management, Job Costing, Budgeting. Analyzing variances, Reports,.
Professional Services
CPA, Accouonting Firm, Retailer, Individual
Accurate time tracking , Project-based accounting, Data Entry, Bookkeeping, Audit Support, Tax preparation, Financial Reporting, Accounts payable and receivable report, Payroll - ADP, Gusto, Industry-Specific Accounting.
Law firms and Legal services
Professionals
Trust Accounting, Compliance with state bar, Tax Planning, Deductions.
How We Help to Your Business
I Our Values I
Quality and Accuracy
Precision and excellence are at the core of our work. We are committed to delivering the highest quality bookkeeping and accounting services, ensuring that your financial data is always accurate, compliant, and insightful.
Integrity and Transparency
We hold ourselves to the highest ethical standards. We believe in transparency in every aspect of our work, from clear communication to honest, accurate reporting. You can trust us to provide unbiased financial insights and advice.
Client-Centered Approach
We believe that our clients’ success is our success. We take a personalized approach to every client, ensuring that our services align with your business goals, priorities, and needs. We listen, understand, and deliver results that matter.
Professionalism and Expertise
Our team is made up of experienced, certified professionals who bring a wealth of knowledge to the table. We are committed to ongoing professional development, ensuring that we stay ahead of industry trends and maintain our expertise.
Innovation and Adaptability
In an ever-changing financial landscape, we believe in embracing innovation. We continuously seek new tools, technologies, and strategies that can improve the way we serve our clients, ensuring that we provide the most up-to-date solutions.
Proactive Problem Solving
We don’t just react to issues—we anticipate them. Our proactive approach to financial management identifies potential risks and opportunities before they impact your business. This allows you to stay ahead of challenges and seize opportunities for improvement.
Tailored Financial Solutions
We understand that no two businesses are the same. That’s why we offer customized financial services that fit your specific needs, industry, and goals. Whether you’re a small startup or an established corporation, we create a plan that aligns with your vision and evolves with your business.
Focus on Profitability and Efficiency
We work to enhance your bottom line. By streamlining your financial processes and identifying cost-saving measures, we help you improve profitability while maintaining operational efficiency. You’ll gain more control over your resources, allowing for smarter allocation of funds.
Expert Guidance for Strategic Growth
Our team of financial experts goes beyond number-crunching. We provide in-depth analysis and actionable insights to help you make informed decisions that promote growth. From cash flow management to profitability analysis, we help you maximize your financial potential.
Real-Time Financial Reporting
Gain full visibility into your business’s financial health with real-time reporting. We provide up-to-date financial data that allows you to make timely decisions. You’ll always have a clear, accurate picture of your business’s performance, empowering you to respond swiftly to changes.
Dedicated Customer Support
We’re always just a call or email away. Our dedicated support team is here to answer your questions, provide updates, and ensure that your financial needs are met with prompt, reliable service. You’ll never feel alone in managing your finances.
Personalized Support
We pride ourselves on being accessible and responsive. Whenever you need us, we’re here to provide prompt answers, resolve concerns, and offer expert advice. Our personalized communication ensures you’re never left in the dark about your finances.
Results-Driven Focus
Everything we do is driven by results. We measure our success by the tangible outcomes we help you achieve, whether that’s improved cash flow, higher profits, or streamlined operations. Your goals are our benchmarks, and we relentlessly pursue them.
Providing Clarity and Control
With our detailed financial reports and clear insights, you’ll always have a clear understanding of your financial position, empowering you to take control of your business.
Unmatched Attention
Accuracy is at the core of everything we do. We meticulously manage your financial records to ensure error-free results, reducing the risk of costly mistakes and giving you confidence in your financial data.
Our Leaders
Facts
1+
Project Complete
1+
Satisfied Clients
1+
Transactions
Consultation
Schedule a free initial consultation to discuss your needs.
Custom Proposal
We’ll provide a tailored proposal outlining our recommended services.
Onboarding
After your approval, we’ll begin the onboarding process to get you set up.
Ongoing Support
Enjoy continuous support from our dedicated team will manage your needs.
