Virtual Bookkeeping Services Edmond, OK

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, attract investors, or meet regulatory requirements, we deliver accurate, audit-ready financial statements that provide a clear picture of your organization’s standing.

What We Offer:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, expenses, and net income so you can measure growth, identify trends, and make smarter financial decisions.
• Balance Sheet - A structured breakdown of your resources, liabilities, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly where your money is coming from and your expense distribution, so you can keep finances under control and avoid cash shortages.
• Financial Ratios & KPI Analysis - We assess key indicators like profit margins and liquidity ratios to identify strengths and red flags.
• Investor & Grant Reporting - Meticulously structured reports tailored for financial institutions, investors, and funding bodies to help you secure funding.

Accurate financial statements build confidence among investors, minimize uncertainties, and help you steer your business toward success that accelerate expansion.

A solid financial plan is the backbone to long-term success and stability. We create tailored budgets and forecasts to help you maintain control, prepare for uncertainties, and optimize resource allocation.

What We Offer:

• Annual & Monthly Budgeting - Structured financial plans built around past performance, industry benchmarks, and future goals. 
• Revenue & Expense Forecasting - Insightful 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 enhance financial resilience.
• Budget vs. Actual Performance Tracking - Systematic comparisons between your financial projections and current financial performance to adjust strategies proactively.

Strategic 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 take control of your cash flow proactively so you can stay operational, pay employees, and scale your business.

How We Help:

• Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and maintain stability.
• Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and increase margins.
• Emergency Fund Planning - Build financial reserves to protect your business from unforeseen challenges.
• Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always positioned for scaling.

Poor cash flow management is one of the biggest reasons businesses struggle, our expertise keeps you ahead of financial challenges.

Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We take payroll off your plate, ensuring your team gets paid correctly, punctually, and in full compliance with regulations.

What We Offer:

• Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and electronic payments.
• Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, pension deductions, and extra hours compensation.
• Payroll Audits & Compliance Checks - Scheduled payroll evaluations to prevent issues, stay ahead of regulations, and adhere to labor laws.

A error-free payroll system keeps your employees happy, protects you from legal issues, 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 error-free books and full compliance with regulations.

How We Help:

• Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
• Internal Controls Assessment - Identify vulnerabilities, inaccuracies, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for NGOs to track restricted funds and meet reporting standards.
• IRS & Tax Audit Support - Full record-keeping, expert guidance, 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.

Being proactive with audits eliminates last-minute panic, keeps you legally secure, and shields your organization from costly penalties.

Beyond bookkeeping and compliance, we provide expert advice to help you increase profitability, secure funding, 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 refine your tax strategy to reduce tax burdens and increase savings.
• Investment Preparation & Funding Strategy - Prepare comprehensive 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 cost-effective financial management to ensure financial longevity.

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