Virtual Bookkeeping Services Bentonville, AR
Your financial records are the cornerstone of your business’s growth. Accurate 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 Bookkeepers
Managing your financial accounts should not be a burden, it should be a bridge to your financial stability. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of accredited and licensed specialists work diligently to ensure your books are error-free, organized, and up-to-date.
We know you have much to check off on your to-do list, and stressing over finances shouldn’t be one of them. We handle your financial records with accuracy, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Professional 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 professionals ensures that your books are always organized. 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 outset helps you work efficiently, prevents costly mistakes, and gives you a clear financial picture. We handle the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and long-term success.
How We Help:
Customized Chart of Accounts - We customize 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 link your banking information to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We configure transaction categorization rules to ensure uniformity and error-free processing in your records, cutting down on repetitive tasks.
- Training & Support - We walk you through your QuickBooks setup, ensuring you grasp how to navigate it effectively for your daily business transactions.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies fall behind on their books. Whether you're a few months or even multiple years behind, we specialize in bringing your books up to date to get your financial accounts back on track, accurate, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct repeated transactions, incorrect categorizations, and overlooked expenses to ensure financial integrity.
- Bank & Credit Card Reconciliation - We reconcile your accounts, synchronizing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve discrepancies in your financial statement and profit & loss statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We organize outstanding invoices and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial statements are aligned with regulations, fully reconciled, and ready for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, fully reconciled books provide needed financial clarity and position your business for growth.
We will take care of sorting your transactions and categorizing them properly for your financial statements. This means no more confusion when it comes to your expenses and revenue. You will get a transparent view of your finances, making tax season a stress-free process and giving you the insights you need to understand your business’s financial health.
We will make sure all your financial accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly balanced. By reconciling your accounts every month, we catch any mismatches early and ensure everything is accurate. This keeps your financial records accurate and prevents any mistakes.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle classification, recording, bill payment (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, billing, sending statements, matching transactions, and reporting.
No more missed payments or outstanding debt. Your financial health will be steady, well-managed, and hassle-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your Income Statement to managing your Financial Position, we ensure everything is organized. Stay informed with our regular financial reports. These reports give you a clear insight into your business’s profitability.
Every month, we offer a customized consultation to review your financials and give you business insights. Whether it’s cutting unnecessary spending, improving working capital, 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 unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Solutions Bennion, UT and Virtual Bookkeepers In Henrietta, NY
Our Process
Our bookkeeping services start with an in-depth 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 financial processes, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Identify Your Financial Needs: Based on your structure, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is expense management or financial analysis.
Align with Your Goals: We ask questions to better understand your business aspirations. Do you want to improve cash flow management? Are you preparing for tax season? Do you need ongoing reports for stakeholders?
Tailored Strategy: 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 business’s needs, we move on to configuring your financial system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its security.
Set Up Your System:
- Chart of Accounts: We create a personalized chart of accounts.
- Bank Account Integration: We connect your bank accounts for real-time updates.
- Invoicing System: We customize billing structures.
- Record Migration: If applicable, we securely transfer historical financial data.
User Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the day-to-day bookkeeping tasks.
What We Do:
Transaction Categorization
Financial Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Clean-Up/Catch-Up Work
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
Dedicated Support
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the foundation of your company’s growth. Whether you need to make informed decisions, attract investors, or ensure compliance, we deliver accurate, fully compliant financial statements that provide a transparent overview of your business’s financial position.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and net income so you can measure growth, recognize opportunities, and make smarter financial decisions.
- Balance Sheet - A concise overview of your resources, 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 maintain stability 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 potential risks.
- Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and philanthropic organizations to help you win grants.
Accurate financial statements increase trust among investors, reduce financial risk, and help you steer your business toward success that drive growth.
A strong financial plan is the key to long-term success and stability. We create customized budgets and forecasts to help you align with your goals, mitigate risks, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Structured financial plans based on historical trends, industry benchmarks, and long-term goals.
- Revenue & Expense Forecasting - Data-driven projections that help you anticipate future financial needs, ensuring financial preparedness.
- 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 current financial performance to keep you on track.
Effective budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to achieve financial stability.
Generating revenue doesn’t ensure financial stability, steady cash flow is the real key. We help you take control of your cash flow proactively so you can cover expenses, handle payroll, and scale your business.
How We Help:
- Cash Flow Projections - Short- and long-term 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 - Spot wasteful spending, eliminate unnecessary expenses, and increase margins.
- Emergency Fund Planning - Establish financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the top reasons businesses fail, our expertise ensures yours doesn’t.
Payroll mismanagement can lead to frustrated staff, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid without errors, punctually, and in complete alignment with government policies.
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 legally sound.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to prevent issues, stay ahead of regulations, and ensure compliance.
A reliable payroll system keeps your employees happy, protects you from legal issues, and maintains regulatory adherence.
Audits can be nerve-wracking, 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 are accurate and compliant.
- Internal Controls Assessment - Identify fraud risks, errors, and compliance gaps 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 paperwork preparation, expert guidance, and compliance guidance if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We review your records to spot potential red flags before an audit begins.
Being proactive with audits minimizes anxiety, ensures compliance, and protects your business from costly penalties.
Beyond bookkeeping and compliance, we provide professional financial insights to help you improve earnings, secure funding, and make smarter business decisions.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to increase income and reduce expenses 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.
- Investment Preparation & Funding Strategy - 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 efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from surviving to thriving.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a key part of your financial well-being. Errors in filing or missed deductions can cost you thousands. 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 accurate returns to keep you compliant and stress-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you retain more of your profits.
- Multi-State & Remote Worker Compliance - Doing business across state lines? Hiring out-of-state workers? We ensure smooth 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 complete peace of mind.
Lack of strategic tax planning costs businesses thousands each year. We help you stay tax-efficient, fully aligned with IRS regulations, 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.
- 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 change often, and we ensure you remain compliant.
- Maximizing Deductions - We identify deductions most businesses miss.
- Tailored Tax Strategies - Whether you’re in technology, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Smart tax planning means lower costs, higher profits, and less stress during tax season.
Filing your taxes shouldn’t be stressful. We make it hassle-free 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 expertise.
- Optimized Tax Savings - We identify every write-off and credit to reduce what you owe and increase 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 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:
- End-to-End Sales Tax Compliance - We manage sales tax collection, reconciliations, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure error-free tax withholdings for staff and freelancers.
- Scheduled Tax Filings - Stay ahead of deadlines with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
Remain IRS-compliant, avoid fines, and keep your business running smoothly.
If the IRS comes knocking, 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:
- IRS Audit Defense - We take care of all IRS communications and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and prove compliance.
- IRS Fine Reduction - We work to reduce or minimize IRS fees and charges.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Overwhelmed by unpaid taxes or IRS penalties? We negotiate with the IRS to settle your debts and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - Get caught up and avoid further penalties.
- Flexible Payment Arrangements - We secure manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Stop IRS collections, tax liens, and legal trouble. We secure the best possible resolution 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 figures while you focus on scaling your business.
Our team of professional bookkeepers ensures your finances are always in order, helping you remain tax-compliant, make informed decisions, and reach your goals.
Take the first step towards financial peace today. Schedule your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747