Online Bookkeeping Services Detroit, MI

Your financial statements aren’t just figures in a report, they are the backbone of your company’s growth. Whether you need to make informed decisions, secure funding, or meet regulatory requirements, we deliver meticulously prepared, audit-ready financial statements that provide a transparent overview of your business’s financial position.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and net income so you can track performance, identify trends, and adjust strategies.
• Balance Sheet - A concise overview of your resources, debts, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly your revenue sources and where it’s going, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to uncover opportunities and red flags.
• Investor & Grant Reporting - Professionally prepared reports designed for banks, investors, and philanthropic organizations to help you secure funding.

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

A solid financial plan is the key to business growth and financial stability. We create customized budgets and forecasts to help you stay on track, mitigate risks, and optimize resource allocation.

How We Help:

• Annual & Monthly Budgeting - Detailed financial plans based on previous financial data, market standards, and future goals. 
• Revenue & Expense Forecasting - Comprehensive 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 - Ongoing comparisons between your planned budget and actual financial performance to keep you on track.

Effective budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to achieve financial stability.

Profitability doesn’t ensure financial stability, steady cash flow is the real key. We help you manage your cash flow proactively so you can meet financial obligations, pay employees, and invest in growth.

What We Offer:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase margins.
• Emergency Fund Planning - Build & strengthen financial reserves to create a safety net from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.

Poor cash flow management is one of the leading reasons businesses shut down, our expertise keeps you ahead of financial challenges.

Payroll mismanagement can lead to dissatisfied workers, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid accurately, on time, and in complete alignment with regulations.

What We Do:

• Payroll Processing & Direct Deposits - Seamless handling of salaries, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Precise tax withholding to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, retirement plans, and overtime pay.
• Payroll Audits & Compliance Checks - Regular payroll inspections to prevent issues, stay ahead of regulations, and maintain legal standing.

A error-free payroll system keeps your employees happy, safeguards your business, 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 error-free books and full compliance with regulations.

What We Offer:

• Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
• Internal Controls Assessment - Identify fraud risks, errors, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for NGOs to stay grant-compliant and meet grantor requirements.
• 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.

Staying audit-ready minimizes anxiety, ensures compliance, and shields your organization from costly penalties.

Beyond financial tracking and regulatory adherence, we provide professional financial insights to help you increase profitability, get financing, and enhance decision-making.

What We Offer:

• Profitability & Cost Analysis - 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 minimize liabilities and retain more profits.
• Funding & Investor Readiness - Prepare professional financial reports and presentations to attract investors or secure business loans 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 stagnant to thriving.