Virtual Bookkeeping Services Bath Beach, NY

Your financial statements aren’t just numbers on a page, they are the foundation of your company’s growth. Whether you need to make informed decisions, secure funding, or ensure compliance, we deliver precise, fully compliant financial statements that provide a clear picture of your company’s health.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, expenses, and profits so you can measure growth, identify trends, and enhance profitability.
• Balance Sheet - A clear overview of your assets, liabilities, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can maintain stability and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to uncover opportunities and red flags.
• Investor & Grant Reporting - Professionally prepared reports customized for financial institutions, investors, and grant agencies to help you secure funding.

Well-prepared financial statements build confidence among investors, reduce financial risk, and help you steer your business toward success that ensure scalability.

A well-structured financial plan is the foundation to business growth and financial stability. We create customized budgets and forecasts to help you stay on track, anticipate challenges, and optimize resource allocation.

How We Help:

• Annual & Monthly Budgeting - Detailed financial plans based on previous financial data, industry benchmarks, and future goals. 
• Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring sustainable cash flow. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to equip you for changing market conditions.
• Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and current financial performance to keep you on track.

Strategic budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to grow with confidence.

Profitability doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively so you can meet financial obligations, compensate your team, and scale your business.

What We Offer:

• Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, cut non-essential costs, and increase profitability.
• Emergency Fund Planning - Build financial reserves to create a safety net from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.

Uncontrolled cash flow is one of the biggest reasons businesses shut down, our expertise ensures yours doesn’t.

Payroll mismanagement can lead to unhappy employees, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid without errors, punctually, and in complete alignment with regulations.

What We Do:

• Payroll Processing & Direct Deposits - Reliable handling of employee pay, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Error-free tax deductions to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including year-end employee tax forms, 1099s, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, 401(k) contributions, and labor law requirements.
• Payroll Audits & Compliance Checks - Scheduled payroll evaluations to identify mistakes, avoid penalties, and ensure compliance.

A reliable payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.

Audits can be stressful, but they don’t have to be. We help you stay audit-ready year-round with accurate financial records and full compliance with regulations.

What We Offer:

• Audit-Ready Financial Statements - Ensure all your financial reports meet audit requirements.
• Internal Controls Assessment - Identify vulnerabilities, inaccuracies, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for NGOs to manage donor contributions and meet funding guidelines.
• IRS & Tax Audit Support - Full record-keeping, expert guidance, and compliance guidance if you’re audited.
• Pre-Audit Preparation & Risk Mitigation - We review your records to spot potential red flags before an audit begins.

Being proactive with audits eliminates last-minute panic, keeps you legally secure, and shields your organization from costly penalties.

Beyond bookkeeping and compliance, we provide professional financial insights to help you improve earnings, secure funding, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to minimize liabilities and retain more profits.
• Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to gain investor interest or secure business loans with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and cost-effective financial management to ensure financial longevity.

The right financial strategy can take your business from surviving to thriving.