Online Bookkeeping Services Bergenfield, NJ
Your accounting records are the backbone of your business’s growth. Proper bookkeeping ensures you’re always prepared for tax season, grant applications, and important business decision-making. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
QuickBooks-Certified Professionals
Managing your financial records should not be a burden, it should be a pathway to your success. We specialize in helping startups and NGOs stay financially secure and compliant. Our team of certified and licensed specialists work seamlessly to ensure your financial records are precise, structured, and up-to-date.
We know you have a lot to tick off on your agenda, and worrying about finances shouldn’t be one of them. We handle your transactions with accuracy, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Industry Experts
- Dedicated Customer Care
Whether you are a startup navigating your initial phase or a bit down the line with your business, our team of experts 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 properly from the outset helps you work efficiently, avoids expensive errors, and gives you a clear financial picture. We handle the entire setup process, ensuring your QuickBooks system is configured for precision, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to match your company’s setup, making it simple to track income, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your banking information to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to ensure uniformity and accuracy in your books, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you understand how to navigate it efficiently for your daily financial operations.
A streamlined, error-free QuickBooks system that makes financial management easier, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many businesses find it challenging to maintain their financial records. Whether you're several months or even years behind, we specialize in bringing your books up to date to get your records back on track, accurate, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, misclassified expenses, and overlooked expenses to ensure error-free records.
- Bank & Credit Card Reconciliation - We reconcile your accounts, aligning QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We correct discrepancies in your balance sheet and profit & loss statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We track outstanding invoices and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your records are aligned with regulations, fully reconciled, and prepared for investors, lenders, or {audits||compliance checks}.
Up-to-date, fully reconciled books provide needed financial clarity and set you up for future success.
We will take care of sorting your transactions and categorizing them accurately for your financial statements. This means no more inconsistencies when it comes to your expenses and income. 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 balanced. By reconciling your accounts every month, we catch any errors early and ensure everything matches up. This keeps your financial records error-free and prevents any mistakes.
Struggling with late payments, outstanding balances, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring your finances stay consistent and stress-free.
What We Offer:
- Accounts Payable Services - We handle coding, recording, expense settlement (with explicit approval), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and logging deposits, invoicing, sending statements, verifying records, and reporting.
No more late fees or overdue invoices. Your financial health will be steady, 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 Financial Position, 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 customized consultation to review your financials and give you strategic advice. Whether it’s cutting unnecessary spending, improving working capital, or planning for the future, we will work with you to make sure your finances support your objectives.
Can't find a service you need? We offer custom solutions based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Solutions Center City, PA and Virtual Bookkeeping Services O’Fallon, IL
Our Process
Our bookkeeping services kick off with an in-depth consultation. During this phase, we carefully understand the unique needs and goals of your business. We recognize that every business has its own set of financial requirements 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.
Pinpoint Key Bookkeeping Needs: Based on your business model, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is expense tracking or recordkeeping.
Understand Your Goals: We ask questions to better understand your business aspirations. Do you want to improve cash flow management? Are you preparing for compliance reporting? Do you need detailed statements for donors?
Tailored Strategy: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.
Discuss Payment Terms: During/after this consultation, we will outline our payment structure, including pricing, billing frequency, and payment methods.
Once we understand your business’s needs, 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 security.
Set Up Your System:
- COA Setup: We create a customized chart of accounts.
- Bank Account Integration: We connect your bank accounts for real-time updates.
- Invoicing System: We customize invoice templates.
- Data Migration: If applicable, we securely migrate historical financial data.
Training and Onboarding: We provide training sessions.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the ongoing bookkeeping processes.
What We Do:
Income & Expense Categorization
Monthly Reconciliation
Financial Reporting
- 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
Review Financial Health
Improvement Suggestions
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 foundation of your company’s growth. Whether you need to plan strategically, 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 net income so you can measure growth, recognize opportunities, and make smarter financial decisions.
- 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 your expense distribution, 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 identify strengths and potential risks.
- Investor & Grant Reporting - Meticulously structured reports customized for financial institutions, investors, and grant agencies to help you win grants.
Well-prepared financial statements enhance credibility among investors, minimize uncertainties, and help you steer your business toward success that drive growth.
A strong financial plan is the backbone to business growth and financial stability. We create customized budgets and forecasts to help you align with your goals, mitigate risks, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Data-backed financial plans based on past performance, market standards, and future goals.
- Revenue & Expense Forecasting - Comprehensive projections that help you anticipate future financial needs, ensuring financial preparedness.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your estimated finances and real-world financial performance to keep you on track.
Strategic 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 proactively so you can stay operational, compensate your team, and scale your business.
What We Offer:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and maintain 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, cut non-essential costs, and increase margins.
- Emergency Fund Planning - Establish financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the biggest reasons businesses shut down, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid without errors, without delays, and in full compliance with government policies.
What We Do:
- Payroll Processing & Direct Deposits - Effortless handling of salaries, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Accurate tax calculations to keep your business free from penalties.
- 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, retirement plans, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll evaluations to catch errors, avoid penalties, and ensure compliance.
A well-structured payroll process keeps your employees happy, protects you from legal issues, and maintains regulatory adherence.
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 meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for NGOs to stay grant-compliant and meet grantor requirements.
- IRS & Tax Audit Support - Full record-keeping, representation, and IRS communication support 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 reduces stress, ensures compliance, and protects your business from costly penalties.
Beyond financial tracking and regulatory adherence, we provide expert financial insights to help you increase profitability, secure funding, and enhance decision-making.
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 professional 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 financial longevity.
The right financial strategy can take your business from surviving to thriving.
Our Tax Services
Taxes aren’t simply a annual task, they’re a key part of your financial well-being. Errors in filing or missed deductions can cost you a significant amount. We make sure that you avoid that.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a business owner, nonprofit, or a freelancer, we file accurate returns to keep you penalty-free and stress-free.
- Maximized Deductions & Credits - We uncover every tax break 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 smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for faster processing and peace of mind.
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 handle tax returns; we proactively develop strategies to minimize your tax burden.
- Choosing the Right Business Structure - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you select the best structure to maximize tax efficiency.
- Up-to-Date Compliance - IRS rules are constantly changing, and we ensure you remain compliant.
- Expense Optimization & Write-Off Strategies - We find deductions most businesses miss.
- Industry-Specific Tax Breaks - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Proactive tax management means lower costs, higher profits, and less stress during tax season.
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.
- Optimized Tax Savings - We identify every write-off and credit to minimize your tax liability and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you build wealth while minimizing tax impact.
- Homeowner & Real Estate Tax Optimization - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you claim every eligible tax break.
More money in your pocket, less time worrying.
Sales and payroll 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 nexus requirements.
- Payroll Tax Management - 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 employee tax forms, 1099s, and payroll tax deductions with accuracy.
Remain IRS-compliant, avoid fines, and keep your business running smoothly.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle tax disputes, audits, and IRS communications on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS communications and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and prove compliance.
- Penalty & Interest Negotiation - We work to reduce or minimize IRS fees and interest.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Struggling with back taxes or tax debts? We work on your behalf to settle your debts and get you back on track.
What We Do:
- Back Tax Filing & Compliance - Get caught up and regain compliance.
- IRS Installment Plans - We secure affordable IRS-approved repayment plans.
- Tax Debt Settlement - Settle your tax debt for less than the original amount.
Stop IRS collections, tax liens, and financial stress. We secure the most favorable outcome for you.
Book Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the hassle that comes with managing your financial records? Let us handle the numbers while you focus on growing your organization.
Our team of financial specialists ensures your finances are always in order, helping you meet regulatory standards, optimize your resources, and achieve financial clarity.
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