Virtual Bookkeeping Services Ypsilanti, MI

Your financial statements aren’t just figures in a report, they are the foundation of your business’s success. Whether you need to plan strategically, secure funding, or ensure compliance, we deliver accurate, fully compliant financial statements that provide a clear picture of your company’s health.

How We Help:

• Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, outflows, and net income so you can track performance, identify trends, 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 how it’s being spent, so you can keep finances under control and eliminate cash flow surprises.
• Financial Ratios & KPI Analysis - We assess key indicators like profit margins and liquidity ratios to spot areas for growth and financial weaknesses.
• Investor & Grant Reporting - Professionally prepared reports designed for financial institutions, investors, and funding bodies to help you win grants.

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

A well-structured financial plan is the foundation to long-term success and stability. We create tailored budgets and forecasts to help you align with your goals, prepare for uncertainties, and make informed financial decisions.

How We Help:

• Annual & Monthly Budgeting - Structured financial plans based on previous financial data, industry benchmarks, and long-term vision. 
• Revenue & Expense Forecasting - Data-driven projections that help you anticipate future financial needs, ensuring steady growth. 
• Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to prepare your business for uncertainties.
• Budget vs. Actual Performance Tracking - Ongoing comparisons between your estimated finances and actual financial performance to keep you on track.

Effective budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to achieve financial stability.

Profitability doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can stay operational, pay employees, and scale your business.

What We Offer:

• Cash Flow Projections - Immediate and future forecasts to ensure financial security and sustain stability.
• Accounts Payable & Receivable Optimization - Accelerated payments from clients and better vendor payment strategies to enhance cash flow.
• Expense Tracking & Cost Control - Identify inefficiencies, eliminate unnecessary expenses, and maximize financial efficiency.
• Emergency Fund Planning - Establish financial reserves to create a safety net from economic uncertainty.
• Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.

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

Payroll mistakes can lead to unhappy employees, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid correctly, without delays, and in full compliance with government policies.

What We Offer:

• Payroll Processing & Direct Deposits - Reliable handling of salaries, contractor payments, and direct bank transfers.
• Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business free from penalties.
• Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and 941s.
• Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, 401(k) contributions, and extra hours compensation.
• Payroll Audits & Compliance Checks - Routine payroll inspections to catch errors, stay ahead of regulations, and maintain legal standing.

A well-structured payroll process keeps your employees happy, 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 pass audits with ease.
• Internal Controls Assessment - Identify fraud risks, inaccuracies, and policy violations before they become major issues.
• Nonprofit & Grant Compliance Audits - Specialized support for charities to track restricted funds and meet funding guidelines.
• IRS & Tax Audit Support - Full paperwork preparation, representation, 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 eliminates last-minute panic, keeps you legally secure, and protects your business from costly penalties.

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

What We Offer:

• Profitability & Cost Analysis - Identify opportunities to boost revenue and reduce expenses for a stronger bottom line.
• Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune 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 grant funding, donor engagement, and efficient budgeting to ensure long-term stability.

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