Online Bookkeeping Services East Farmington Heights, CT

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

What We Offer:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, expenses, and profits so you can track performance, spot patterns, 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 where your money is coming from and your expense distribution, so you can maintain stability and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We analyze key metrics like profit margins and liquidity ratios to identify strengths and red flags.
• Investor & Grant Reporting - Professionally prepared reports tailored for banks, investors, and funding bodies to help you raise capital.

Well-prepared financial statements increase trust among investors, reduce financial risk, and help you make data-driven decisions that ensure scalability.

A solid financial plan is the key to long-term success and stability. We create tailored budgets and forecasts to help you maintain control, prepare for uncertainties, and make informed financial decisions.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around previous financial data, industry benchmarks, and long-term goals. 
• Revenue & Expense Forecasting - Insightful projections that help you anticipate future financial needs, ensuring steady growth. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to enhance financial resilience.
• Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and current financial performance to adjust strategies proactively.

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

Generating revenue doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can cover expenses, pay employees, and invest in growth.

What We Offer:

• Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and maintain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, cut non-essential costs, and increase margins.
• Emergency Fund Planning - Establish financial reserves to protect your business from unexpected downturns.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always positioned for scaling.

Poor cash flow management is one of the biggest reasons businesses shut down, our expertise ensures yours doesn’t.

Payroll mismanagement can lead to dissatisfied workers, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid correctly, punctually, and in complete alignment with government policies.

What We Do:

• Payroll Processing & Direct Deposits - Reliable handling of employee pay, contractor payments, and electronic payments.
• Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, 401(k) contributions, and overtime pay.
• Payroll Audits & Compliance Checks - Regular payroll evaluations to prevent issues, avoid penalties, and maintain legal standing.

A error-free payroll system keeps your employees happy, safeguards your business, and ensures compliance.

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 Offer:

• Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
• Internal Controls Assessment - Identify vulnerabilities, errors, and policy violations 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 paperwork preparation, representation, and compliance guidance 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 minimizes anxiety, ensures compliance, and protects your business from costly penalties.

Beyond financial tracking and compliance, we provide professional financial insights to help you improve earnings, get financing, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to boost revenue and reduce expenses 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 professional financial reports and presentations to attract investors or secure business loans 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 surviving to expanding.