Online Bookkeeping Services Coney Island, NY

Your financial statements aren’t just numbers on a page, they are the cornerstone of your business’s success. Whether you need to make informed decisions, secure funding, or stay audit-ready, we deliver accurate, audit-ready financial statements that provide a clear picture of your business’s financial position.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and profits so you can measure growth, recognize opportunities, and enhance profitability.
• Balance Sheet - A structured breakdown of your assets, liabilities, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly where your money is coming from and how it’s being spent, so you can maintain stability and avoid cash shortages.
• Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to spot areas for growth and red flags.
• Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and funding bodies to help you raise capital.

Well-prepared financial statements enhance credibility among investors, reduce financial risk, and help you steer your business toward success that drive growth.

A strong financial plan is the backbone to business growth and financial stability. We create customized budgets and forecasts to help you maintain control, anticipate challenges, and optimize resource allocation.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around historical trends, market standards, and long-term vision. 
• Revenue & Expense Forecasting - Insightful projections that help you anticipate future financial needs, ensuring financial preparedness. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to equip you for changing market conditions.
• Budget vs. Actual Performance Tracking - Regular comparisons between your estimated finances and current financial performance to adjust strategies proactively.

Proactive budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to achieve financial stability.

Profitability doesn’t guarantee 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 invest in growth.

How We Help:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Build financial reserves to shield your company from unexpected downturns.
• Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always prepared for growth opportunities.

Poor cash flow management is one of the top reasons businesses struggle, our expertise ensures yours doesn’t.

Errors in payroll can lead to frustrated staff, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid without errors, on time, and in complete alignment with government policies.

What We Offer:

• Payroll Processing & Direct Deposits - Effortless handling of employee pay, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, 1099s, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Regular payroll reviews to identify mistakes, avoid penalties, and ensure compliance.

A error-free payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.

Audits can be nerve-wracking, but they don’t have to be. We help you stay audit-ready year-round with error-free books 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 vulnerabilities, inaccuracies, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for charities to stay grant-compliant and meet grantor requirements.
• IRS & Tax Audit Support - Full record-keeping, expert guidance, and legal adherence if you’re audited.
• Pre-Audit Preparation & Risk Mitigation - We review your records to spot potential red flags before an audit begins.

Staying audit-ready eliminates last-minute panic, keeps you legally secure, and protects your business from costly penalties.

Beyond financial tracking and regulatory adherence, we provide expert financial insights to help you increase profitability, secure funding, and make smarter business decisions.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to increase income and cut unnecessary costs for a stronger bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to reduce tax burdens and increase savings.
• 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 fundraising, donor engagement, and efficient budgeting to ensure financial longevity.

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