2. Current Month Profit & Loss Report

Understanding your numbers is key to running a successful and scalable business. Our Current Month Profit & Loss (P&L) Report service provides you with a clear, timely snapshot of your business’s financial health, delivered monthly, and formatted to highlight what truly matters. This report breaks down your income and expenses in real-time, giving you the insight you need to evaluate performance, manage cash flow, and make confident, data-driven decisions.

What’s Included:

• Up-to-Date Financial Overview: A clear summary of your total income, cost of goods sold, and operating expenses showing exactly how much you earned (or lost) this month.
• Month-over-Month Comparisons (optional): Spot trends and shifts in profitability with comparative data from previous months.
• Expense Breakdown by Category: Understand exactly where your money is going, marketing, admin, lead generation, salaries, etc., and identify areas for cost optimization.
• Net Profit Calculation: See your bottom line clearly so you can assess whether your business is operating at a healthy margin.

3. Monthly Balance Sheet: A Snapshot of Your Business’s Financial Strength

Your Balance Sheet is more than just an accounting formality, it’s a powerful tool for understanding the true financial position of your business. Delivered monthly, this report gives you a clear, organized view of what your business owns, what it owes, and what’s left over as equity. By regularly reviewing your balance sheet, you gain critical insights into the health, stability, and growth potential of your business. This is essential for making strategic decisions, preparing for taxes, securing financing, or simply keeping your business on solid ground.

What’s Included:

• Assets Overview: A breakdown of current and long-term assets, such as cash, receivables, equipment, and property so you can see where your money is working.
• Liabilities Summary: A detailed list of your short-term and long-term obligations, including credit card balances, business loans, and vendor payables.
• Owner’s Equity: Understand how much value you’ve built in your business, and how your profits (or losses) are contributing to long-term growth.
• Month-to-Month Comparison (optional): Spot trends in asset growth, debt reduction, and equity gains over time.

4. Year-to-Date Profit & Loss Report: Your Business at a Glance, Anytime

The Year-to-Date (YTD) Profit & Loss Report is an essential tool for tracking the financial performance of your business over time, not just month by month, but across your entire fiscal year. This report compiles your income and expenses from January 1st (or the start of your fiscal year) through the current month, giving you a comprehensive, big-picture view of your profitability. Your YTD P&L helps you measure progress, adjust strategy, and stay on target to hit your annual financial goals.

What’s Included:

• Cumulative Income Tracking: See exactly how much revenue your business has generated so far this year, broken down by source.
• Total Expense Summary: Understand how much you’ve spent year-to-date and where that money is going.
• Net Profit Calculation: Know how much you’ve earned (or lost) after expenses, providing a clear picture of your financial success so far.
• Budget vs. Actual Comparisons (optional): Evaluate whether you’re ahead, behind, or on track with your revenue and profitability goals for the year.

Additional Services:

1. Budgeting Consultation: Build a Strategic Spending Plan for Growth and Profit

A successful business doesn’t just happen, it’s built on intentional planning, consistent execution, and financial clarity. My Budgeting Consultation service is designed to help you create a realistic, strategic, and actionable budget that aligns with your income goals, business model, and long-term vision. Whether you’re looking to stay lean and profitable, or a growing team preparing to scale, this monthly service gives you the financial structure and accountability you need to operate like a true business owner, not just a top producer.

What’s Included:

• One-on-One Budget Planning Session: A live or virtual meeting to review your business goals, expenses, and current performance.
• Custom Budget Creation: I’ll build a tailored monthly or annual budget using real data from your Profit & Loss and Balance Sheet reports.
• Cash Flow Forecasting: Plan not just for what you earn, but for when you earn it, anticipating slower seasons, commission lags, and major expenses.
• Expense Review & Optimization: I’ll help you identify areas of overspending, missed deductions, or underutilized resources.
• Goal-Driven Adjustments: As your income grows or shifts, I’ll revise your budget to reflect new targets, hiring decisions, marketing investments, or expansion plans.

2. QuickBooks Set Up: Lay the Financial Foundation for a Smarter Business

Set it up right, right from the start. With professional QuickBooks Set Up, you’ll have a streamlined system that grows with your business. Getting started with QuickBooks Online can be overwhelming, but it doesn’t have to be. My QuickBooks Set Up service ensures your accounting software is structured correctly from day one, so you can track income, expenses, and profitability with confidence and accuracy. Whether you’re a new real estate agent, a small business owner, or transitioning from manual spreadsheets, I set up QuickBooks with your industry, business model, and financial goals in mind.

What’s Included:

• QuickBooks Online Account Creation or Optimization: I’ll help you choose the right QuickBooks plan, create your account, or review and clean up an existing one.
• Chart of Accounts Customization: For small business owners, I tailor categories to your specific operations (e.g., sales, cost of goods sold, overhead, marketing).
• Bank & Credit Card Integration: Seamless syncing of your financial institutions to automate transaction imports and reduce manual data entry.
• Income & Expense Mapping: Clear categorization templates for accurate reporting and tax readiness.
• Initial Data Import: Upload and categorize past financial data (optional), so your books start from a clean, complete baseline.

3. Financial Catch Up: Clean, Organize, and Bring Your Books Current

My Financial Catch-Up service restores order to your finances and gives you the tools to move forward, smarter, stronger, and stress-free. Falling behind on your bookkeeping happens, but staying behind can cost you in stress, lost deductions, and missed opportunities. My Financial Catch-Up service is designed to help you get current, get clear, and get control over your business finances, no matter how far behind you are. Whether you’re missing a few months or a few years of financial records, I specialize in efficiently organizing your data, cleaning up your books, and preparing accurate reports so you can move forward with confidence.

What’s Included:

• Historical Transaction Entry & Categorization: I input and accurately classify your past income and expenses using QuickBooks Online.
• Bank & Credit Card Reconciliation: I reconcile all available accounts, ensuring every transaction is accounted for and matched correctly to your statements.
• Correction of Past Errors: Identification and correction of miscategorized transactions, duplicate entries, or structural issues from previous bookkeeping.
• Catch-Up Profit & Loss Reports: I generate accurate monthly and year-to-date Profit & Loss reports so you can clearly see how your business has performed.
• Optional Balance Sheet Cleanup: If needed, I also clean and organize your asset and liability accounts, ensuring your business’s full financial picture is accurate.
• Tax Prep-Readiness: I’ll ensure your books are clean and ready for your CPA or tax preparer, potentially saving you time, penalties, and fees.

Ideal For:

• Agents or business owners who haven’t kept up with their books
• New clients switching to our monthly services
• Real estate teams preparing for annual tax filing
• Anyone needing clarity before applying for a loan, making hiring decisions, or planning business growth

4. Preparation of 1099 Forms: Stay Compliant and Save Time During Tax Season

As a business owner, you’re required by the IRS to issue Form 1099-NEC to any non-employee, such as contractors, vendors, and service providers you’ve paid $600 or more during the year. But tracking payments, collecting W-9s, and filing on time can be overwhelming without help. That’s where my 1099 Preparation Service comes in. I take the stress out of tax season by handling the entire process for you, accurately, efficiently, and on time, so you can stay compliant and avoid costly penalties.

What’s Included:

• Vendor Review & Payment Summary: I identify all qualifying vendors and service providers paid during the calendar year through your QuickBooks bookkeeping system.
• W-9 Collection & Review: I help you collect, organize, and validate W-9 forms from your contractors to ensure accurate name, address, and taxpayer identification information.
• 1099-NEC Form Preparation: I complete and generate IRS-compliant 1099-NEC forms for each qualifying vendor based on your actual payments.

Who Needs This Service:

• Real estate agents and teams paying freelance marketers, photographers, admin help, or staging consultants
• Small business owners working with independent contractors or consultants
• Landlords or property managers paying vendors or maintenance workers outside payroll