Virtual Bookkeeping Services Farmington Hills, MI

Your financial statements aren’t just numbers on a page, they are the cornerstone of your company’s growth. Whether you need to make informed decisions, secure funding, or ensure compliance, we deliver precise, fully compliant financial statements that provide a transparent overview of your organization’s standing.

What We Offer:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, expenses, and profits so you can track performance, 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 your revenue sources and where it’s going, so you can keep finances under control and prevent financial gaps.
• Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to spot areas for growth and red flags.
• Investor & Grant Reporting - Professionally prepared reports tailored for banks, investors, and philanthropic organizations to help you win grants.

Well-prepared financial statements enhance credibility among investors, reduce financial risk, and help you steer your business toward success that accelerate expansion.

A strong financial plan is the key to business growth and financial stability. We create customized budgets and forecasts to help you align with your goals, mitigate risks, and optimize resource allocation.

What We Offer:

• Annual & Monthly Budgeting - Data-backed financial plans built around previous financial data, market standards, and long-term goals. 
• Revenue & Expense Forecasting - Comprehensive projections that help you anticipate future financial needs, ensuring sustainable cash flow. 
• 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 estimated finances and actual financial performance to adjust strategies proactively.

Strategic budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to scale sustainably.

Generating revenue doesn’t guarantee financial stability, steady cash flow is the real key. We help you manage your cash flow effectively so you can cover expenses, handle payroll, and invest in growth.

What We Offer:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to strengthen 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 sustains healthy financial ratios and is always prepared for growth opportunities.

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

Errors in payroll can lead to dissatisfied workers, tax penalties, and regulatory violations. We take payroll off your plate, ensuring your team gets paid accurately, without delays, and in complete alignment with government policies.

How We Help:

• Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Error-free tax deductions to keep your business compliant.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and 941s.
• Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, retirement plans, and labor law requirements.
• Payroll Audits & Compliance Checks - Scheduled payroll evaluations to identify mistakes, avoid penalties, and ensure compliance.

A well-structured payroll process ensures employee satisfaction, 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.

How We Help:

• Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
• Internal Controls Assessment - Identify fraud risks, inaccuracies, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet reporting standards.
• IRS & Tax Audit Support - Full paperwork preparation, 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, ensures compliance, and protects your business from costly penalties.

Beyond bookkeeping and regulatory adherence, we provide expert advice to help you increase profitability, get financing, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - 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 gain investor interest or secure business loans with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure long-term stability.

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