Online Bookkeeping Services College Point, NY

Your financial statements aren’t just numbers on a page, 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 transparent overview 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, identify trends, and make smarter financial decisions.
• Balance Sheet - A clear overview of your resources, debts, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly your revenue sources and where it’s going, so you can maintain stability and prevent financial gaps.
• Financial Ratios & KPI Analysis - We analyze key metrics like profit margins and liquidity ratios to uncover opportunities and red flags.
• Investor & Grant Reporting - Meticulously structured reports designed for banks, investors, and funding bodies to help you secure funding.

Accurate financial statements build confidence among investors, reduce financial risk, and help you make data-driven decisions that ensure scalability.

A well-structured financial plan is the foundation to business growth and stability. We create tailored budgets and forecasts to help you stay on track, mitigate risks, and steer your business with confidence.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around previous financial data, market standards, and long-term goals. 
• Revenue & Expense Forecasting - Data-driven projections that help you anticipate future financial needs, ensuring financial preparedness. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to prepare your business for uncertainties.
• Budget vs. Actual Performance Tracking - Regular comparisons between your financial projections and actual financial performance to keep you on track.

Proactive budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to scale sustainably.

Generating revenue doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively so you can stay operational, handle payroll, and invest in growth.

How We Help:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Establish financial reserves to protect your business from unforeseen challenges.
• Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always ready to expand.

Uncontrolled cash flow is one of the leading reasons businesses fail, our expertise ensures yours doesn’t.

Payroll mismanagement can lead to frustrated staff, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid correctly, on time, and in full compliance with government policies.

What We Offer:

• Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Precise tax deductions to keep your business compliant.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Regular payroll evaluations to catch errors, avoid penalties, and adhere to labor laws.

A reliable payroll system keeps your employees happy, shields you from lawsuits, and maintains regulatory adherence.

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.

How We Help:

• Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
• Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to manage donor contributions and meet grantor requirements.
• IRS & Tax Audit Support - Full documentation, representation, and IRS communication support if you’re audited.
• Pre-Audit Preparation & Risk Mitigation - We review your records to spot potential red flags before an audit begins.

Maintaining audit preparedness eliminates last-minute panic, keeps you legally secure, and shields your organization from costly penalties.

Beyond financial tracking and compliance, we provide expert financial insights to help you increase profitability, get financing, and make smarter business decisions.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs 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.
• Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to attract investors or obtain funding with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure financial longevity.

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