Virtual Bookkeeping Services Durham, WI

Your financial statements aren’t just numbers on a page, they are the foundation of your company’s growth. Whether you need to make informed decisions, attract investors, or stay audit-ready, we deliver precise, 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 comprehensive summary of your revenue, expenses, and profits so you can measure growth, identify trends, 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 your revenue sources and how it’s being spent, so you can maintain stability and avoid cash shortages.
• Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to spot areas for growth and red flags.
• Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and funding bodies to help you secure funding.

Reliable financial statements increase trust among investors, strengthen financial security, and help you make data-driven decisions that accelerate expansion.

A solid financial plan is the foundation to business growth and stability. We create tailored budgets and forecasts to help you maintain control, mitigate risks, and make informed financial decisions.

What We Offer:

• Annual & Monthly Budgeting - Detailed financial plans based on previous financial data, market standards, and future goals. 
• Revenue & Expense Forecasting - Data-driven projections that help you prepare for 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 - Systematic comparisons between your planned budget and real-world financial performance to keep you on track.

Proactive budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.

Generating revenue doesn’t ensure financial stability, steady cash flow is the real key. We help you take control of your cash flow proactively so you can stay operational, pay employees, and scale your business.

What We Offer:

• Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to strengthen cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and maximize financial efficiency.
• Emergency Fund Planning - Establish financial reserves to shield your company from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business maintains 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 mistakes can lead to dissatisfied workers, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid accurately, punctually, and in complete alignment with legal requirements.

What We Do:

• Payroll Processing & Direct Deposits - Reliable handling of salaries, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and labor law requirements.
• Payroll Audits & Compliance Checks - Scheduled payroll evaluations to catch errors, stay ahead of regulations, and maintain legal standing.

A error-free payroll system keeps your employees happy, protects you from legal issues, and keeps you in good standing with labor laws.

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.

How We Help:

• Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
• Internal Controls Assessment - Identify vulnerabilities, errors, and compliance gaps before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for charities to manage donor contributions and meet grantor requirements.
• IRS & Tax Audit Support - Full paperwork preparation, 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.

Being proactive with audits minimizes anxiety, 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 enhance decision-making.

What We Offer:

• Profitability & Cost Analysis - 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 minimize liabilities and increase savings.
• Investment Preparation & Funding Strategy - Prepare comprehensive financial reports and presentations to attract investors or obtain funding with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure financial longevity.

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