Online Bookkeeping Services Blacksburg, VA
Your financial records are the cornerstone of your business’s success. Accurate bookkeeping ensures you’re always prepared for tax filings, 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 financial accounts should not be a stressful task, 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 accredited and licensed specialists work efficiently to ensure your financial records are error-free, organized, and up-to-date.
We know you have a lot to tick off on your daily tasks, and worrying about finances shouldn’t be one of them. We handle your transactions with care, giving you the clarity and peace of mind to focus on what truly matters most, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Expert Knowledge
- Exceptional Client Support
Whether you are a new business navigating your early stages 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 difference 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, reduces financial risks, and provides you with a transparent financial picture. We take care of the entire setup process, ensuring your QuickBooks system is configured for error-free operation, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to match your business structure, making it simple to track revenue, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We link your financial accounts to QuickBooks, enabling automated transaction imports and real-time financial tracking.
- Smart Categorization Rules - We configure intelligent financial tagging to maintain consistency and accuracy in your financial records, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you understand how to use it effectively for your routine financial operations.
A streamlined, 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 companies struggle to keep up with their financial records. Whether you're a few months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, accurate, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We identify and fix repeated transactions, incorrect categorizations, and missing transactions to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, synchronizing QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We correct mistakes in your balance sheet and profit & loss statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We track pending invoices and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are aligned with regulations, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Clean, fully reconciled books provide needed financial clarity and position your business for growth.
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 smooth experience 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 discrepancies early and ensure everything matches up. This keeps your financial records up-to-date and prevents any oversights.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We simplify your incoming and outgoing payments processes, ensuring your finances stay consistent and stress-free.
What We Offer:
- Accounts Payable Services - We handle classification, recording, expense settlement (with explicit approval), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, creating and sending invoices, sending statements, verifying records, and reporting.
No more late fees or outstanding debt. Your financial health will be predictable, well-managed, and stress-free.
We handle all the tedious tasks when it comes to your financial statements. From tracking your P&L to managing your Balance Sheet, we ensure everything is organized. Stay informed with our detailed reports. These reports give you a clear picture into your business’s profitability.
Every month, we offer a customized consultation to review your financials and give you growth recommendations. Whether it’s reducing costs, improving cash flow, 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 Virtual Bookkeeping Services University, FL and Online Bookkeeping Services Carrollwood Village, FL
Our Process
Our bookkeeping services kick off 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:
Analyze Your Current Financial Health: We will review your financial processes, software, and financial records (if available). This helps us understand any discrepancies in your system.
Pinpoint Key Bookkeeping 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.
Align with Your Goals: We ask questions to better understand your business aspirations. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need ongoing reports for donors?
Customization: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.
Agree on Payment Plans: During/after this consultation, we will outline our payment structure, including cost breakdown, billing frequency, and payment methods.
Once we understand your business requirements, 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 scalability.
Set Up Your System:
- Chart of Accounts: We create a tailored chart of accounts.
- Automated Bank Sync: We connect your bank accounts for automatic transaction imports.
- Invoice and Payment Setup: We customize invoice templates.
- 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 manage the day-to-day bookkeeping tasks.
What We Do:
Transaction Categorization
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Clean-Up/Catch-Up Work
Monthly Business Consultation
Our commitment to your business doesn’t end with monthly reports. We offer ongoing advisory services.
What We Do:
Review Monthly Reports
Review Financial Health
Strategic Advice
Client Assistance
Proactive Financial Advice
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the foundation of your business’s success. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver precise, audit-ready financial statements that provide a clear picture of your company’s health.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and net income so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A clear overview of your assets, 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 avoid cash shortages.
- Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Professionally prepared reports customized for banks, investors, and philanthropic organizations to help you secure funding.
Well-prepared financial statements increase trust among investors, minimize uncertainties, and help you steer your business toward success that accelerate expansion.
A solid financial plan is the key to business growth and stability. We create customized budgets and forecasts to help you maintain control, anticipate challenges, and optimize resource allocation.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Insightful projections that help you prepare for 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 - Regular comparisons between your financial projections and current financial performance to keep you on track.
Proactive budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to achieve financial stability.
Profitability doesn’t ensure financial stability, cash flow does. We help you manage your cash flow effectively so you can cover expenses, pay employees, and scale your business.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Build & strengthen financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the leading reasons businesses shut down, our expertise keeps you ahead of financial challenges.
Errors in payroll can lead to frustrated staff, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid correctly, without delays, and in complete alignment with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Effortless handling of salaries, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Precise tax calculations to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including W-2s, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to identify mistakes, avoid penalties, and adhere to labor laws.
A reliable payroll system ensures employee satisfaction, safeguards your business, and keeps you in good standing with labor laws.
Audits can be nerve-wracking, 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 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 charities to stay grant-compliant 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.
Maintaining audit preparedness minimizes anxiety, keeps you legally secure, and protects your business from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional financial insights to help you increase profitability, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to boost revenue and reduce expenses for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to minimize liabilities and increase savings.
- Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to gain investor interest or secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure long-term stability.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a key part of your overall finances. 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 a freelancer, we file precise returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - 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 smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds and peace of mind.
Taxes done correctly mean bigger tax refunds, fewer headaches, and zero stress.
Poor tax planning costs businesses thousands each year. We help you stay tax-efficient, fully aligned with IRS regulations, and properly set up to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; we proactively plan ways 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 find deductions most businesses miss.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Proactive tax management means lower costs, better financial outcomes, and less stress during tax season.
Tax preparation shouldn’t be overwhelming. We simplify the process while ensuring you get the maximum refund possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a salaried professional, investor, or business owner, 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.
- Retirement & Investment Tax Planning - We help you save for retirement while keeping taxes low.
- Property Tax Benefits - From home deductions to capital gains, we ensure real estate works in your favor.
- Education & Child Tax Credits - Got kids? We ensure you claim every available tax break.
More money in your pocket, no tax season stress.
Sales and payroll tax mistakes can lead to costly fines. 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 employees and contractors.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with precision.
Remain IRS-compliant, prevent penalties, and keep your business running smoothly.
Facing an IRS audit?, you don’t have to face them alone. We handle IRS challenges, audits, 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 - Lost receipts? We recreate your documents and support your claims.
- Penalty & Interest Negotiation - We negotiate down or eliminate IRS fees and interest.
Tax audits can be overwhelming, but we ensure you’re protected and secure a favorable resolution.
Overwhelmed by unpaid taxes or IRS penalties? 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 avoid further penalties.
- Flexible Payment Arrangements - We negotiate affordable IRS-approved repayment plans.
- Tax Debt Settlement - Reduce what you owe for a fraction of the original amount.
Avoid wage garnishments, asset seizures, and legal trouble. We secure the best possible resolution for you.
Book Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the stress 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 remain tax-compliant, optimize your resources, and improve transparency.
Take the first step towards financial clarity today. Schedule your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747