Online Bookkeeping Services Wheaton, IL

Your financial statements aren’t just numbers on a page, they are the foundation of your company’s growth. Whether you need to make informed decisions, secure funding, or stay audit-ready, we deliver meticulously prepared, 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 detailed breakdown of your earnings, expenses, and net income so you can measure growth, identify trends, and adjust strategies.
• Balance Sheet - A structured breakdown of your assets, liabilities, and equity, helping you understand where your business stands financially.
• Cash Flow Statement - See exactly where your money is coming from and your expense distribution, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to spot areas for growth and red flags.
• Investor & Grant Reporting - Professionally prepared reports designed for banks, investors, and funding bodies to help you secure funding.

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

A solid financial plan is the backbone to long-term success and stability. We create tailored budgets and forecasts to help you maintain control, anticipate challenges, and make informed financial decisions.

What We Offer:

• Annual & Monthly Budgeting - Structured financial plans built around past performance, market standards, and long-term goals. 
• 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 prepare your business for uncertainties.
• Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and actual financial performance to adjust strategies proactively.

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

Profitability doesn’t ensure financial stability, cash flow does. We help you manage your cash flow effectively so you can cover expenses, compensate your team, and invest in growth.

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 - Spot wasteful spending, cut non-essential costs, and maximize financial efficiency.
• Emergency Fund Planning - Establish financial reserves to protect your business from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always prepared for growth opportunities.

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

Payroll mistakes can lead to dissatisfied workers, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid without errors, punctually, and in full compliance with legal requirements.

What We Offer:

• Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business compliant.
• Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including W-2s, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, 401(k) contributions, and overtime pay.
• Payroll Audits & Compliance Checks - Regular payroll evaluations to catch errors, stay ahead of regulations, and maintain legal standing.

A well-structured payroll process keeps your employees happy, safeguards your business, and maintains regulatory adherence.

Audits can be stressful, 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 pass audits with ease.
• Internal Controls Assessment - Identify financial discrepancies, errors, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for NGOs to track restricted funds and meet grantor requirements.
• IRS & Tax Audit Support - Full documentation, 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.

Maintaining audit preparedness reduces stress, ensures compliance, and shields your organization from costly penalties.

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

What We Offer:

• Profitability & Cost Analysis - 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 reduce tax burdens and retain more profits.
• Funding & Investor Readiness - Prepare comprehensive 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 financial longevity.

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