Online Bookkeeping Services East Lexington, MA

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 stay audit-ready, we deliver meticulously prepared, fully compliant 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 measure growth, recognize opportunities, and enhance profitability.
• Balance Sheet - A concise overview of your assets, debts, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly your revenue sources and how it’s being spent, so you can keep finances under control and avoid cash shortages.
• Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and potential risks.
• Investor & Grant Reporting - Meticulously structured reports customized for banks, investors, and grant agencies to help you secure funding.

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

A solid financial plan is the key to business growth and stability. We create customized budgets and forecasts to help you align with your goals, mitigate risks, and make informed financial decisions.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around past performance, industry benchmarks, and long-term goals. 
• Revenue & Expense Forecasting - Insightful projections that help you prepare for 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 planned budget and current financial performance to keep you on track.

Effective budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to grow with confidence.

Generating revenue doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow proactively so you can cover expenses, pay employees, and scale your business.

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 strengthen cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and increase profitability.
• Emergency Fund Planning - Build financial reserves to create a safety net from unforeseen challenges.
• 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 fail, our expertise ensures yours doesn’t.

Payroll mistakes can lead to unhappy employees, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid accurately, on time, and in complete alignment with regulations.

How We Help:

• Payroll Processing & Direct Deposits - Reliable handling of employee pay, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Error-free tax deductions to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and extra hours compensation.
• Payroll Audits & Compliance Checks - Regular payroll inspections to catch errors, stay ahead of regulations, and adhere to labor laws.

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

Audits can be overwhelming, but they don’t have to be. We help you stay audit-ready year-round with meticulously maintained accounts 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 vulnerabilities, inaccuracies, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to manage donor contributions and meet funding guidelines.
• IRS & Tax Audit Support - Full documentation, 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.

Being proactive with audits reduces stress, ensures compliance, and protects your business from costly penalties.

Beyond bookkeeping and regulatory adherence, we provide professional advice to help you improve earnings, get financing, and make smarter business decisions.

What We Offer:

• Profitability & Cost Analysis - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and retain more profits.
• 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 efficient budgeting to ensure long-term stability.

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