Virtual Bookkeeping Services Ferndale, MI

Your financial statements aren’t just data in a spreadsheet, they are the foundation of your business’s success. Whether you need to make informed decisions, secure funding, or ensure compliance, we deliver meticulously prepared, fully compliant financial statements that provide a transparent overview of your company’s health.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and profits so you can track performance, recognize opportunities, and make smarter financial decisions.
• Balance Sheet - A clear overview of your assets, debts, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can maintain stability and avoid cash shortages.
• Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
• Investor & Grant Reporting - Professionally prepared reports customized for banks, investors, and funding bodies to help you win grants.

Accurate financial statements increase trust among investors, strengthen financial security, and help you steer your business toward success that ensure scalability.

A strong financial plan is the key to business growth and stability. We create tailored budgets and forecasts to help you stay on track, prepare for uncertainties, and make informed financial decisions.

How We Help:

• Annual & Monthly Budgeting - Data-backed financial plans built around historical trends, industry benchmarks, and long-term vision. 
• 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 expected-case financial models to equip you for changing market conditions.
• Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and current financial performance to adjust strategies proactively.

Strategic budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to scale sustainably.

Profitability doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow effectively so you can meet financial obligations, 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 - Accelerated payments from clients and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase margins.
• Emergency Fund Planning - Build financial reserves to protect your business from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.

Uncontrolled cash flow is one of the leading reasons businesses struggle, our expertise ensures yours doesn’t.

Errors in payroll 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 legal requirements.

What We Do:

• Payroll Processing & Direct Deposits - Seamless handling of salaries, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business compliant.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, 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 reviews to catch errors, avoid penalties, and ensure compliance.

A reliable payroll system keeps your employees happy, protects you from legal issues, 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, errors, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for charities to stay grant-compliant and meet grantor requirements.
• IRS & Tax Audit Support - Full paperwork preparation, expert guidance, 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, ensures compliance, and shields your organization from costly penalties.

Beyond bookkeeping and regulatory adherence, we provide professional financial insights to help you improve earnings, secure funding, and make smarter business decisions.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to increase income 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 retain more profits.
• Funding & Investor Readiness - Prepare professional 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 financial longevity.

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