Virtual Bookkeeping Services Greenpoint, NY

Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. Whether you need to make informed decisions, attract investors, or ensure compliance, we deliver meticulously prepared, audit-ready financial statements that provide a transparent overview of your organization’s standing.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, outflows, and profits so you can measure growth, identify trends, and make smarter financial decisions.
• Balance Sheet - A concise overview of your resources, debts, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly where your money is coming from and where it’s going, so you can maintain stability and prevent financial gaps.
• Financial Ratios & KPI Analysis - We assess key indicators like profit margins and liquidity ratios to spot areas for growth and red flags.
• Investor & Grant Reporting - Professionally prepared reports customized for banks, investors, and grant agencies to help you win grants.

Reliable financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that ensure scalability.

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

What We Offer:

• Annual & Monthly Budgeting - Structured financial plans based on past performance, 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 equip you for changing market conditions.
• Budget vs. Actual Performance Tracking - Regular comparisons between your financial projections and current financial performance to keep you on track.

Strategic budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.

Generating revenue doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively 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 - Accelerated payments from clients and efficient payables management to strengthen cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Establish financial reserves to create a safety net from unexpected downturns.
• Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always positioned for scaling.

Poor cash flow management is one of the leading reasons businesses fail, our expertise protects your company from this risk.

Errors in payroll can lead to unhappy employees, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid without errors, punctually, and in full compliance with regulations.

What We Do:

• Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Error-free tax deductions to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, 401(k) contributions, and labor law requirements.
• Payroll Audits & Compliance Checks - Scheduled payroll inspections to identify mistakes, avoid penalties, and maintain legal standing.

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

Audits can be stressful, 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 vulnerabilities, inaccuracies, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to stay grant-compliant 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.

Staying audit-ready reduces stress, ensures compliance, and protects your business from costly penalties.

Beyond bookkeeping and regulatory adherence, we provide expert advice to help you improve earnings, 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 grant funding, donor engagement, and efficient budgeting to ensure long-term stability.

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