Virtual Bookkeeping Services Royal Oak, MI

Your financial statements aren’t just figures in a report, they are the backbone of your business’s success. Whether you need to make informed decisions, secure funding, or meet regulatory requirements, we deliver accurate, audit-ready 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 enhance profitability.
• Balance Sheet - A structured breakdown of your resources, liabilities, and equity, helping you assess your financial health.
• Cash Flow Statement - See exactly where your money is coming from and where it’s going, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We analyze key metrics like profit margins and liquidity ratios to uncover opportunities and red flags.
• Investor & Grant Reporting - Meticulously structured reports customized for banks, investors, and philanthropic organizations to help you secure funding.

Accurate financial statements enhance credibility among investors, minimize uncertainties, and help you make data-driven decisions that ensure scalability.

A well-structured financial plan is the backbone to long-term success and financial stability. We create tailored budgets and forecasts to help you align with your goals, anticipate challenges, and steer your business with confidence.

How We Help:

• Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, market standards, and future goals. 
• Revenue & Expense Forecasting - Insightful projections that help you prepare for future financial needs, ensuring steady growth. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to enhance financial resilience.
• 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, 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 take control of your cash flow effectively so you can stay operational, pay employees, and invest in growth.

How We Help:

• Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase profitability.
• Emergency Fund Planning - Build & strengthen financial reserves to shield your company from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.

Poor cash flow management is one of the leading reasons businesses fail, our expertise ensures yours doesn’t.

Payroll mistakes can lead to frustrated staff, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid correctly, on time, and in complete alignment with government policies.

What We Offer:

• Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Precise tax deductions to keep your business legally sound.
• Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Proper management of health benefits, retirement plans, and extra hours compensation.
• Payroll Audits & Compliance Checks - Scheduled payroll inspections to catch errors, avoid penalties, and maintain legal standing.

A error-free payroll system keeps your employees happy, shields you from lawsuits, and ensures compliance.

Audits can be nerve-wracking, but they don’t have to be. We help you stay audit-ready year-round with error-free books 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 fraud risks, errors, and regulatory weaknesses before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for NGOs to manage donor contributions and meet reporting standards.
• IRS & Tax Audit Support - Full record-keeping, expert guidance, and legal adherence 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 reduces stress, ensures compliance, and protects your business from costly penalties.

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

What We Offer:

• Profitability & Cost Analysis - Identify opportunities to boost revenue and cut unnecessary costs for a stronger bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to minimize liabilities and increase savings.
• Investment Preparation & Funding Strategy - Prepare comprehensive 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 efficient budgeting to ensure financial longevity.

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