Virtual Bookkeeping Services Coralville, IA

Your financial statements aren’t just figures in a report, they are the cornerstone of your company’s growth. Whether you need to plan strategically, attract investors, or ensure compliance, 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 comprehensive summary of your earnings, expenses, and profits so you can measure growth, spot patterns, and make smarter financial decisions.
• 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 prevent financial gaps.
• Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to identify strengths and potential risks.
• Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and grant agencies to help you raise capital.

Accurate financial statements increase trust among investors, reduce financial risk, and help you steer your business toward success that drive growth.

A solid financial plan is the backbone to long-term success 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, industry benchmarks, and long-term vision. 
• 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 prepare your business for uncertainties.
• Budget vs. Actual Performance Tracking - Systematic comparisons between your estimated finances and current financial performance to keep you on track.

Effective budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to grow with confidence.

Profitability doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow effectively so you can stay operational, compensate your team, and scale your business.

What We Offer:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase margins.
• 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 mistakes can lead to dissatisfied workers, tax penalties, and compliance issues. We manage your payroll, ensuring your team gets paid accurately, on time, and in full compliance with government policies.

What We Offer:

• Payroll Processing & Direct Deposits - Seamless handling of salaries, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Precise tax withholding to keep your business compliant.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, 1099s, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Routine payroll reviews to identify mistakes, 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 nerve-wracking, 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 Do:

• Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
• Internal Controls Assessment - Identify fraud risks, 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 paperwork preparation, representation, and IRS communication support if you’re audited.
• Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.

Maintaining audit preparedness reduces stress, ensures compliance, and shields your organization from costly penalties.

Beyond bookkeeping and compliance, we provide professional 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 reduce expenses for a healthier bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to reduce tax burdens and retain more profits.
• Funding & Investor Readiness - Prepare professional financial reports and presentations to gain investor interest or secure business loans with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure long-term stability.

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