Online Bookkeeping Services Ashland, KY
Your financial records are the backbone of your business’s prosperity. Proper bookkeeping ensures you’re always prepared for tax season, funding opportunities, and important business decision-making. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
Certified QuickBooks Experts
Managing your finances should not be a burden, it should be a pathway to your growth. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of certified and licensed experts work efficiently to ensure your financial records are accurate, organized, and up-to-date.
We know you have much to check off on your to-do list, and worrying about finances shouldn’t be one of them. We handle your transactions with precision, giving you the clarity and peace of mind to focus on what truly matters most, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Industry Experts
- Dedicated Customer Care
Whether you are a new business navigating your first year or a bit down the line with your business, our team of specialists ensures that your books are always accurate. Your time is valuable, and your business deserves the best. Partner with Digitally Precise Bookkeeping and experience the impact expert bookkeeping can make.
- Transparent Pricing and Processes
- Completely Remote
- Customer Focused
- Precise Records
- Custom Solutions
Focus on Growth, We Will Handle the Books!
Our Bookkeeping Services
Setting up QuickBooks the right way from the beginning helps you work efficiently, reduces financial risks, and provides you with a clear view of your finances. We handle the entire setup process, ensuring your QuickBooks system is configured for precision, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to match your organizational needs, making it simple to track revenue, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to ensure consistency and error-free processing in your financial records, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your daily business transactions.
A well-organized, error-free QuickBooks system that makes financial management easier, saves time, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many organizations fall behind on their books. Whether you're half a year or even multiple years behind, we specialize in bringing your books up to date to get your financial data back on track, properly balanced, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, misclassified expenses, and unrecorded payments to ensure error-free records.
- Bank & Credit Card Reconciliation - We match your accounts, aligning QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve mistakes in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending invoices and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are IRS-ready, fully reconciled, and ready for investors, lenders, or {audits||compliance checks}.
Up-to-date, accurate books offer transparency and position your business for growth.
We will take care of organizing your transactions and categorizing them correctly for your financial statements. This means no more inconsistencies when it comes to your spending and revenue. You will get a clear view of your finances, making tax season a breeze and giving you the insights you need to understand your business’s performance.
We will make sure all your financial accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly reconciled. By reconciling your accounts every month, we catch any errors early and ensure everything aligns. This keeps your financial records up-to-date and prevents any oversights.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring you maintain financial stability.
How We Help:
- Accounts Payable Services - We handle categorization, posting, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage classification and posting cash receipts, creating and sending invoices, sending statements, matching transactions, and reporting.
No more missed payments or overdue invoices. Your cash flow will be consistent, well-managed, and hassle-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your P&L to managing your Balance Sheet, we ensure everything is up-to-date. Stay informed with our detailed reports. These reports give you a clear insight into your business’s financial health.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s optimizing expenses, improving liquidity, or planning for the future, we will work with you to make sure your finances align with your goals.
Can't find a service you need? We offer personalized packages based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Services Sun City West, AZ and Virtual Bookkeeping Solutions Meade, MI
Our Process
Our bookkeeping services begin with an comprehensive consultation. During this phase, we thoroughly understand the specific needs and goals of your business. We recognize that every business has its own set of financial challenges and objectives.
What We Do:
Evaluate Your Financial Status: We will review your current bookkeeping practices, software, and financial records (if available). This helps us understand any discrepancies in your system.
Identify Your Financial Needs: Based on your operations, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is expense management or recordkeeping.
Clarify Your Financial Objectives: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for tax filings? Do you need regular financial reports for investors?
Customization: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored to your needs.
Agree on Payment Plans: During/after this consultation, we will outline our payment structure, including service rates, billing frequency, and payment methods.
Once we understand your business requirements, we move on to configuring your financial system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its scalability.
Set Up Your System:
- Chart of Accounts: We create a personalized chart of accounts.
- Bank Account Integration: We connect your payment platforms for automatic transaction imports.
- Invoicing System: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the ongoing bookkeeping processes.
What We Do:
Income & Expense Categorization
Bank and Credit Card Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Clean-Up/Catch-Up Work
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer dedicated assistance.
What We Do:
Review Monthly Reports
Review Financial Health
Make Recommendations
Dedicated Support
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. Whether you need to plan strategically, attract investors, or stay audit-ready, we deliver meticulously prepared, fully compliant financial statements that provide a transparent overview of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and profits so you can track performance, identify trends, and adjust strategies.
- Balance Sheet - A clear overview of your assets, debts, and equity, helping you understand where your business stands financially.
- 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 indicators like profit margins and liquidity ratios to uncover opportunities and potential risks.
- Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and funding bodies to help you secure funding.
Well-prepared financial statements increase trust among investors, strengthen financial security, and help you make data-driven decisions that ensure scalability.
A strong financial plan is the backbone to business growth and stability. We create tailored budgets and forecasts to help you align with your goals, prepare for uncertainties, and optimize resource allocation.
What We Offer:
- Annual & Monthly Budgeting - Structured financial plans based on previous financial data, industry benchmarks, and future goals.
- 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 expected-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your financial projections and real-world financial performance to keep you on track.
Effective budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Generating revenue doesn’t ensure financial stability, steady cash flow is the real key. We help you manage your cash flow effectively so you can cover expenses, handle payroll, and invest in growth.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to enhance cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Build financial reserves to create a safety net from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the top reasons businesses shut down, our expertise ensures yours doesn’t.
Payroll mismanagement can lead to unhappy employees, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid accurately, without delays, and in complete alignment with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Precise tax calculations to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, 401(k) contributions, and overtime pay.
- Payroll Audits & Compliance Checks - Routine payroll reviews to identify mistakes, stay ahead of regulations, and ensure compliance.
A reliable payroll system keeps your employees happy, safeguards your business, and keeps you in good standing with labor laws.
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.
What We Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for NGOs to stay grant-compliant and meet reporting standards.
- IRS & Tax Audit Support - Full documentation, representation, 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.
Being proactive with audits eliminates last-minute panic, ensures compliance, and protects your business from costly penalties.
Beyond bookkeeping and regulatory adherence, we provide professional financial insights to help you improve earnings, secure funding, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and retain more profits.
- Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to gain investor interest or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure financial longevity.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t simply a annual task, they’re a critical part of your financial well-being. Filing mistakes or missed deductions can cost you thousands. We make sure that you avoid that.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a business owner, nonprofit, or self-employed, we file precise returns to keep you penalty-free and worry-free.
- Maximized Deductions & Credits - We uncover all eligible deductions you’re entitled to, so you keep more of your profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring out-of-state workers? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for faster processing and peace of mind.
Taxes done right mean more savings, fewer headaches, and zero stress.
Poor tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully compliant, and strategically structured to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just handle tax returns; we proactively develop strategies to reduce your tax burden.
- Business Entity Selection - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you select the best structure to maximize tax efficiency.
- IRS Regulation Monitoring - IRS rules are constantly changing, and we ensure you stay ahead.
- Maximizing Deductions - We identify deductions most businesses miss.
- Industry-Specific Tax Breaks - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Smart tax planning means lower costs, better financial outcomes, and fewer IRS concerns.
Filing your taxes shouldn’t be stressful. We make it hassle-free while ensuring you get the maximum refund possible.
What We Do:
- Personalized Tax Return Filing - Whether you’re a W-2 employee, investor, or business owner, we handle your taxes with precision.
- Maximized Refunds - We find every deduction and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, less time worrying.
Sales and employment tax mistakes can lead to hefty penalties. We ensure your business remains compliant and penalty-free.
What We Do:
- Sales Tax Registration & Filing - We manage sales tax collection, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
Stay compliant, prevent penalties, and protect your financial future.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle IRS challenges, tax examinations, and government inquiries on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS communications and defend your tax filings.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and support your claims.
- Penalty & Interest Negotiation - We work to reduce or minimize IRS fees and interest.
Tax audits can be overwhelming, but we ensure you’re protected and get the best possible outcome.
Overwhelmed by unpaid taxes or IRS penalties? We negotiate with the IRS to reduce what you owe and restore your financial stability.
What We Do:
- Back Tax Filing & Compliance - Get caught up and regain compliance.
- IRS Installment Plans - We secure affordable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for a fraction of the original amount.
Stop IRS collections, asset seizures, and legal trouble. We secure the most favorable outcome for you.
Schedule Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the burden that comes with managing your financial records? Let us handle the figures while you focus on scaling your business.
Our team of professional bookkeepers ensures your finances are always in order, helping you stay compliant, optimize your resources, and improve transparency.
Take the first step towards financial clarity today. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747