Virtual Bookkeeping Services Lehi, UT

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 meet regulatory requirements, we deliver accurate, audit-ready financial statements that provide a clear picture of your business’s financial position.

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 adjust strategies.
• Balance Sheet - A concise overview of your resources, 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 prevent financial gaps.
• Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to spot areas for growth and financial weaknesses.
• Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and grant agencies to help you raise capital.

Reliable financial statements increase trust among investors, minimize uncertainties, and help you steer your business toward success that accelerate expansion.

A strong financial plan is the foundation to long-term success and stability. We create customized budgets and forecasts to help you maintain control, mitigate risks, and steer your business with confidence.

How We Help:

• Annual & Monthly Budgeting - Structured financial plans based on previous financial data, industry benchmarks, and future goals. 
• Revenue & Expense Forecasting - Insightful projections that help you anticipate future financial needs, ensuring financial preparedness. 
• 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 - Systematic comparisons between your estimated finances and real-world financial performance to adjust strategies proactively.

Effective budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to grow with confidence.

Generating revenue doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively so you can stay operational, compensate your team, and scale your business.

What We Offer:

• Cash Flow Projections - Short- and long-term forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to improve cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase profitability.
• Emergency Fund Planning - Build & strengthen financial reserves to shield your company from unforeseen challenges.
• Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always prepared for growth opportunities.

Uncontrolled cash flow is one of the leading reasons businesses struggle, our expertise protects your company from this risk.

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

What We Offer:

• Payroll Processing & Direct Deposits - Reliable handling of wages, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, 1099s, and quarterly tax returns.
• Benefits, Deductions & Overtime Compliance - Proper management of health benefits, pension deductions, and labor law requirements.
• Payroll Audits & Compliance Checks - Routine payroll evaluations to identify mistakes, avoid penalties, and ensure compliance.

A well-structured payroll process ensures employee satisfaction, shields you from lawsuits, and keeps you in good standing with labor laws.

Audits can be overwhelming, 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 meet audit requirements.
• Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and compliance gaps 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 review your records to spot potential red flags before an audit begins.

Staying audit-ready minimizes anxiety, ensures compliance, and shields your organization from costly penalties.

Beyond bookkeeping and compliance, we provide professional advice to help you increase profitability, get financing, and enhance decision-making.

What We Offer:

• Revenue and Expense Evaluation - Identify opportunities to boost revenue and reduce expenses for a healthier 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 attract investors or obtain funding with confidence.
• Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure financial longevity.

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