Online Bookkeeping Services Auburn Gresham, IL
Your financial records are the cornerstone of your business’s prosperity. Proper bookkeeping ensures you’re always prepared for tax filings, funding opportunities, and critical decision-making moments. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
Certified QuickBooks Bookkeepers
Managing your finances should not be a stressful task, it should be a bridge to your financial stability. We specialize in helping startups and charitable organizations stay financially secure and in line with regulations. Our team of accredited and licensed specialists work seamlessly to ensure your financial records are error-free, organized, and up-to-date.
We know you have much to check off on your daily tasks, and stressing over finances shouldn’t be one of them. We handle your transactions with accuracy, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Expert Knowledge
- Top Notch Customer Service
Whether you are a new business navigating your initial phase or a bit down the line with your business, our team of specialists ensures that your books are always in order. 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 correctly from the start helps you work efficiently, avoids expensive errors, and provides you with a clear view of your finances. We manage the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and long-term success.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to match your organizational needs, making it easy to track income, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your banking information to QuickBooks, enabling automated transaction imports and real-time financial tracking.
- Smart Categorization Rules - We set up transaction categorization rules to maintain uniformity and error-free processing in your books, cutting down on repetitive tasks.
- Training & Support - We guide you through your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your ongoing business transactions.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, reduces workload, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses struggle to keep up with their financial records. Whether you're half a year or even years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, properly balanced, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct duplicate entries, incorrect categorizations, and missing transactions to ensure financial integrity.
- Bank & Credit Card Reconciliation - We reconcile your accounts, balancing QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We resolve discrepancies in your financial statement and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We track pending payments and expenses, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your financial records are aligned with regulations, fully reconciled, and prepared for investors, banks, or {audits||compliance checks}.
Well-maintained, fully reconciled books offer transparency and position your business for growth.
We will take care of sorting your transactions and categorizing them correctly for your financial statements. This means no more confusion when it comes to your expenses and earnings. You will get a clear view of your finances, making tax season a stress-free process and giving you the insights you need to understand your business’s performance.
We will make sure all your banking accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly reconciled. By reconciling your accounts every month, we catch any mismatches early and ensure everything matches up. This keeps your financial records up-to-date and prevents any mistakes.
Struggling with overdue bills, unpaid invoices, or missed bill deadlines? We simplify your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle categorization, posting, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and posting cash receipts, invoicing, sending statements, reconciling, and reporting.
No more missed payments or overdue invoices. Your cash flow will be consistent, well-managed, and hassle-free.
We handle all the complex processes 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 picture into your business’s performance.
Every month, we offer a personalized consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, improving liquidity, or planning for the future, we will work with you to make sure your finances drive your success.
Can't find a service you need? We offer additional services based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Services Ladera Ranch, CA and Online Bookkeeping Solutions Lewiston, ME
Our Process
Our bookkeeping services begin with an in-depth consultation. During this phase, we take the time to understand the specific needs and goals of your business. We recognize that every business has its own set of financial requirements and objectives.
What We Do:
Assess Your Current Financial Situation: We will review your existing accounting systems, 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 critical aspects where bookkeeping support is needed, whether it is expense management or recordkeeping.
Understand Your Goals: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need detailed statements for investors?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored to your needs.
Outline Payment Structure: During/after this consultation, we will outline our payment structure, including service rates, billing frequency, and payment methods.
Once we understand your financial structure, we move on to setting up your bookkeeping system.
What We Do:
Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a customized chart of accounts.
- Automated Bank Sync: We connect your credit cards for automatic transaction imports.
- Invoicing System: We customize billing structures.
- Historical Data Transfer: If applicable, we securely transfer historical financial data.
User Training: We provide training sessions.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the bookkeeping operations.
What We Do:
Expense Classification
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Financial Clean-Up
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer continuous support.
What We Do:
Review Financial Reports
Monitor Financial Performance
Strategic Advice
Ongoing Communication
Tax Compliance Updates
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your business’s success. Whether you need to make informed decisions, attract investors, or meet regulatory requirements, we deliver accurate, audit-ready financial statements that provide a transparent overview of your organization’s standing.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, outflows, and profits so you can track performance, recognize opportunities, and adjust strategies.
- Balance Sheet - A structured breakdown of your resources, liabilities, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly your revenue sources and where it’s going, so you can maintain stability and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and red flags.
- Investor & Grant Reporting - Professionally prepared reports designed for financial institutions, investors, and grant agencies to help you secure funding.
Reliable financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that accelerate expansion.
A well-structured financial plan is the key to business growth and financial stability. We create customized budgets and forecasts to help you maintain control, anticipate challenges, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans based on past performance, market standards, 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 expected-case financial models to enhance financial resilience.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and actual financial performance to keep you on track.
Proactive budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.
Profitability doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow proactively so you can stay operational, handle payroll, and scale your business.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and maximize financial efficiency.
- Emergency Fund Planning - Establish financial reserves to shield your company from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always prepared for growth opportunities.
Poor cash flow management is one of the biggest reasons businesses fail, our expertise ensures yours doesn’t.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We take payroll off your plate, ensuring your team gets paid correctly, punctually, and in complete alignment with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Regular payroll inspections to catch errors, stay ahead of regulations, and adhere to labor laws.
A well-structured payroll process ensures employee satisfaction, shields you from lawsuits, and ensures compliance.
Audits can be overwhelming, but they don’t have to be. We help you stay audit-ready year-round with accurate financial records and full compliance with regulations.
What We Do:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify vulnerabilities, errors, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to manage donor contributions and meet reporting standards.
- IRS & Tax Audit Support - Full paperwork preparation, representation, 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 minimizes anxiety, keeps you legally secure, and shields your organization from costly penalties.
Beyond financial tracking and compliance, we provide professional financial insights to help you improve earnings, get financing, and enhance decision-making.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to minimize liabilities and retain more profits.
- Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to attract investors or secure business loans 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 surviving to thriving.
Our Tax Services
Taxes aren’t just a annual task, they’re a critical part of your financial well-being. Errors in filing or missed deductions can cost you a significant amount. We make sure that doesn’t happen.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or self-employed, we file precise returns to keep you penalty-free and worry-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you retain more of your hard-earned money.
- Multi-State & Remote Worker Compliance - Doing business across state lines? Hiring out-of-state workers? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for faster processing and no delays.
Taxes done right mean bigger tax refunds, fewer headaches, and zero stress.
Poor tax planning costs businesses thousands each year. We help you stay tax-efficient, fully compliant, and strategically structured to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just file your taxes; we proactively develop strategies to reduce your tax burden.
- Choosing the Right Business Structure - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you pick the best structure to maximize tax efficiency.
- Up-to-Date Compliance - IRS rules are constantly changing, and we ensure you remain compliant.
- Maximizing Deductions - We identify deductions most businesses miss.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Proactive tax management means lower costs, better financial outcomes, and fewer IRS concerns.
Filing your taxes shouldn’t be stressful. We simplify the process while ensuring you get the biggest tax return possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a salaried professional, investor, or high-income earner, we handle your taxes with precision.
- Maximized Refunds - We identify every write-off and credit to reduce what you owe and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while keeping taxes low.
- Property Tax Benefits - From home deductions to rental income strategies, we ensure real estate works in your favor.
- Family Tax Benefits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, no tax season stress.
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, reporting, 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 timely filing services.
- W-2 & 1099 Reporting - We handle W-2s, 1099s, and payroll tax deductions with accuracy.
Stay compliant, avoid fines, and protect your financial future.
If the IRS comes knocking, you don’t have to face them alone. We handle IRS challenges, tax examinations, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We recreate your documents and prove compliance.
- Penalty & Interest Negotiation - We work to reduce or eliminate IRS fees and charges.
IRS audits are stressful, but we ensure you’re covered and get the best possible outcome.
Struggling with back taxes or tax debts? We work on your behalf to reduce what you owe and restore your financial stability.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and regain compliance.
- IRS Installment Plans - We secure manageable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Avoid wage garnishments, tax liens, and financial stress. We secure the most favorable outcome for you.
Start Your Journey Today
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the stress that comes with managing your financial records? Let us handle the books while you focus on making an impact.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you remain tax-compliant, optimize your resources, and reach your goals.
Take the first step towards financial clarity today. Book your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747