Online Bookkeeping Services Bloomfield, NJ
Your accounting records are the foundation of your business’s prosperity. Accurate 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 finances should not be a stressful task, it should be a pathway to your success. We specialize in helping startups and charitable organizations stay financially secure and compliant. Our team of accredited and licensed experts work efficiently to ensure your books are accurate, structured, 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 peace of mind to focus on what truly matters most, your organization’s growth.
- Certified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Highly Knowledgeable
- Top Notch Customer Service
Whether you are a new business navigating your early stages 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 benefits 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 outset helps you work efficiently, avoids expensive errors, and ensures you have a accurate financial picture. We manage the entire setup process, ensuring your QuickBooks system is set up for precision, efficiency, and long-term success.
What We Offer:
Customized Chart of Accounts - We customize your chart of accounts to match your organizational needs, making it easy to track revenue, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automatic data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up intelligent financial tagging to ensure uniformity and accuracy in your financial data, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to navigate it effectively for your daily financial operations.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, saves time, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many companies struggle to keep up with their books. Whether you're half a year or even years behind, we specialize in bringing your books up to date to get your records back on track, accurate, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct duplicate entries, misclassified expenses, and unrecorded payments to ensure financial integrity.
- Bank & Credit Card Reconciliation - We reconcile your accounts, balancing QuickBooks records with bank and credit card statements to ensure consistency.
- 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 outstanding invoices and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your records are tax-compliant, fully reconciled, and ready for investors, lenders, or {audits||compliance checks}.
Well-maintained, fully reconciled books provide needed financial clarity 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 inconsistencies when it comes to your expenses and revenue. You will get a organized 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 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 mismatches early and ensure everything aligns. This keeps your financial records error-free and prevents any errors.
Struggling with overdue bills, outstanding balances, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle coding, recording, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and posting cash receipts, invoicing, sending statements, verifying records, and reporting.
No more late fees or outstanding debt. Your financial health will be predictable, 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 up-to-date. Stay informed with our monthly financial 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 growth recommendations. Whether it’s reducing costs, improving working capital, 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 additional services based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeepers In Monrovia, CA and Online Bookkeepers In Pekin, KY
Our Process
Our bookkeeping services begin with an comprehensive consultation. During this phase, we thoroughly 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:
Assess Your Current Financial Situation: We will review your financial processes, software, and financial records (if available). This helps us understand any existing gaps in your system.
Determine Your Financial Requirements: Based on your operations, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is expense tracking or financial reporting.
Align with 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 tax season? Do you need ongoing reports for donors?
Tailored Strategy: 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 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:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its security.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a personalized chart of accounts.
- Automated Bank Sync: We connect your payment platforms for real-time updates.
- Invoicing System: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the day-to-day bookkeeping tasks.
What We Do:
Expense Classification
Monthly Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Financial Clean-Up
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
Strategic Advice
Client Assistance
Tax Compliance Updates
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, they are the backbone of your company’s growth. Whether you need to plan strategically, secure funding, or ensure compliance, we deliver precise, fully compliant 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 revenue, expenses, and net income so you can measure growth, spot patterns, and make smarter financial decisions.
- Balance Sheet - A structured breakdown of your assets, liabilities, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly your revenue sources and how it’s being spent, so you can keep finances under control and prevent financial gaps.
- Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and grant agencies to help you secure funding.
Well-prepared financial statements build confidence among investors, strengthen financial security, and help you make data-driven decisions that accelerate expansion.
A solid financial plan is the key to business growth and financial stability. We create tailored budgets and forecasts to help you align with your goals, prepare for uncertainties, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, market standards, and long-term vision.
- 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 realistic-case financial models to equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Regular comparisons between your estimated finances and real-world financial performance to keep you on track.
Strategic budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.
Generating revenue doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow effectively so you can stay operational, handle payroll, and invest in growth.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase profitability.
- Emergency Fund Planning - Build & strengthen 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.
Poor cash flow management is one of the leading reasons businesses shut down, our expertise protects your company from this risk.
Payroll mistakes can lead to dissatisfied workers, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid accurately, without delays, and in complete alignment with government policies.
What We Do:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax calculations to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of health benefits, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Routine payroll inspections to identify mistakes, stay ahead of regulations, and maintain legal standing.
A reliable payroll system keeps your employees happy, shields you from lawsuits, and ensures compliance.
Audits can be nerve-wracking, but they don’t have to be. We help you stay audit-ready year-round with meticulously maintained accounts 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 fraud risks, inaccuracies, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet funding guidelines.
- IRS & Tax Audit Support - Full paperwork preparation, expert guidance, 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.
Maintaining audit preparedness minimizes anxiety, ensures compliance, and protects your business from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional 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 stronger 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 gain investor interest or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and efficient budgeting to ensure long-term stability.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t simply a once-a-year 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 business owner, nonprofit, or a freelancer, we file precise returns to keep you compliant and stress-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you keep more of your hard-earned money.
- Multi-State & Remote Worker Compliance - Doing business across state lines? Hiring remote employees? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for quicker refunds and peace of mind.
Taxes done right mean more savings, fewer headaches, and complete peace of mind.
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:
- Year-Round Tax Strategy - We don’t just file your taxes; we proactively plan ways to reduce 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.
- IRS Regulation Monitoring - 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 technology, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means lower costs, higher profits, and fewer IRS concerns.
Filing your taxes shouldn’t be overwhelming. We make it hassle-free while ensuring you get the maximum refund 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 deduction 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.
- Property Tax Benefits - From home deductions to capital gains, we ensure real estate works in your favor.
- Family Tax Benefits - Got kids? We ensure you maximize every eligible tax break.
More money in your pocket, no tax season stress.
Sales and payroll 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 state tax filings, reporting, and nexus requirements.
- Payroll Tax Management - Ensure correct tax withholdings for employees and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, 1099s, and payroll tax deductions with precision.
Stay compliant, prevent penalties, 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 communications and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and prove compliance.
- IRS Fine Reduction - We negotiate down or eliminate IRS penalties 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 work on your behalf to reduce what you owe 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 IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Stop IRS collections, asset seizures, 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 hassle that comes with managing your financial records? Let us handle the figures while you focus on making an impact.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, gain financial clarity, and reach your goals.
Take the first step towards financial peace today. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747