Virtual Bookkeeping Services Chattanooga, TN

Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver accurate, fully compliant financial statements that provide a clear picture of your company’s health.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and net income so you can measure growth, recognize opportunities, and enhance profitability.
• Balance Sheet - A concise overview of your assets, liabilities, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly where your money is coming from and how it’s being spent, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and red flags.
• Investor & Grant Reporting - Meticulously structured reports designed for banks, investors, and grant agencies to help you secure funding.

Reliable financial statements increase trust among investors, minimize uncertainties, and help you make data-driven decisions that ensure scalability.

A well-structured financial plan is the backbone to long-term success and financial stability. We create customized budgets and forecasts to help you align with your goals, anticipate challenges, and optimize resource allocation.

How We Help:

• Annual & Monthly Budgeting - Data-backed financial plans based on previous financial data, industry benchmarks, and future goals. 
• Revenue & Expense Forecasting - Insightful projections that help you prepare for future financial needs, ensuring sustainable cash flow. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to enhance financial resilience.
• Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and current financial performance to keep you on track.

Strategic budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to scale sustainably.

Profitability doesn’t ensure financial stability, steady cash flow is the real key. We help you manage your cash flow proactively so you can cover expenses, compensate your team, and scale your business.

What We Offer:

• Cash Flow Projections - Short- and long-term forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase margins.
• Emergency Fund Planning - Build & strengthen 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 top reasons businesses struggle, our expertise keeps you ahead of financial challenges.

Payroll mismanagement can lead to frustrated staff, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid correctly, without delays, and in full compliance with legal requirements.

How We Help:

• Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Proper management of health benefits, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Routine payroll evaluations to identify mistakes, avoid penalties, and adhere to labor laws.

A reliable payroll system keeps your employees happy, shields you from lawsuits, and keeps you in good standing with labor laws.

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

What We Do:

• Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
• Internal Controls Assessment - Identify fraud risks, errors, 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 documentation, 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 reduces stress, keeps you legally secure, and shields your organization from costly penalties.

Beyond bookkeeping and compliance, we provide expert financial insights to help you increase profitability, secure funding, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to increase income and reduce expenses for a stronger bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and retain more profits.
• Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to gain investor interest or obtain funding with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure long-term stability.

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