Virtual Bookkeeping Services Forest Hills, MI

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

What We Offer:

• Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, expenses, and net income so you can measure growth, recognize opportunities, and make smarter financial decisions.
• Balance Sheet - A clear overview of your assets, debts, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to identify strengths and red flags.
• Investor & Grant Reporting - Professionally prepared reports customized for banks, investors, and funding bodies to help you raise capital.

Accurate financial statements increase trust among investors, reduce financial risk, and help you steer your business toward success that accelerate expansion.

A solid financial plan is the foundation to business growth and financial 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 - Structured financial plans based on historical trends, market standards, and long-term goals. 
• Revenue & Expense Forecasting - Data-driven projections that help you prepare for future financial needs, ensuring steady growth. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to prepare your business for uncertainties.
• Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and actual financial performance to keep you on track.

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 manage your cash flow proactively so you can cover expenses, handle payroll, and invest in growth.

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 strengthen cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Establish financial reserves to shield your company from unforeseen challenges.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always prepared for growth opportunities.

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

Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid accurately, punctually, and in complete alignment with government policies.

What We Do:

• Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and automatic deposits.
• Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, 401(k) contributions, and extra hours compensation.
• Payroll Audits & Compliance Checks - Regular payroll inspections to catch errors, avoid penalties, and ensure compliance.

A reliable payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.

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 are accurate and compliant.
• Internal Controls Assessment - Identify fraud risks, errors, and compliance gaps before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet funding guidelines.
• IRS & Tax Audit Support - Full paperwork preparation, expert guidance, 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.

Staying audit-ready reduces stress, keeps you legally secure, and protects your business from costly penalties.

Beyond financial tracking and compliance, we provide expert financial insights to help you improve earnings, get financing, and make smarter business decisions.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to minimize liabilities and increase savings.
• 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 grant funding, donor engagement, and efficient budgeting to ensure long-term stability.

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