Online Bookkeeping Services Branford, CT
Your accounting records are the foundation of your business’s success. Accurate 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 financial records should not be a stressful task, it should be a bridge to your success. We specialize in helping startups and NGOs stay financially secure and in line with regulations. Our team of accredited and licensed experts work efficiently to ensure your books are precise, organized, 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 finances with care, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Professional Bookkeepers & Licensed CPAs
- Meticulous Approach
- Highly Knowledgeable
- Dedicated Customer Care
Whether you are a new business navigating your first year or a bit down the line with your business, our team of specialists 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 properly from the start saves you time, avoids expensive errors, and ensures you have a transparent financial picture. We handle the entire setup process, ensuring your QuickBooks system is configured for precision, efficiency, and long-term success.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to align with your company’s setup, making it simple to track income, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up intelligent financial tagging to ensure uniformity and error-free processing in your records, reducing manual work.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your daily financial operations.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, reduces workload, 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 several months or even years behind, we specialize in bringing your books up to date to get your financial data back on track, properly balanced, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We identify and fix repeated transactions, misclassified expenses, and overlooked expenses 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 fix errors in your financial statement and P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We manage pending payments and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your records are aligned with regulations, fully balanced, and prepared 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 organizing your transactions and categorizing them properly for your financial statements. This means no more inconsistencies when it comes to your expenses and revenue. You will get a transparent view of your finances, making tax season a smooth experience and giving you the insights you need to understand your business’s profitability.
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 overdue bills, unpaid invoices, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle coding, logging, bill payment (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, creating and sending invoices, sending statements, matching transactions, and reporting.
No more missed payments or overdue invoices. Your financial health will be consistent, 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 insight into your business’s financial health.
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 support your objectives.
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 Olney, MD and Virtual Bookkeeping Solutions Center City, PA
Our Process
Our bookkeeping services start with an initial assessment. During this phase, we carefully 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 current bookkeeping practices, software, and financial records (if available). This helps us understand any discrepancies in your system.
Determine Your Financial Requirements: Based on your business model, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or financial analysis.
Clarify Your Financial Objectives: We ask questions to better understand your immediate and future objectives. Do you want to enhance cash flow? Are you preparing for tax filings? Do you need detailed statements for stakeholders?
Personalized Plan: 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 requirements, we move on to configuring your financial system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its scalability.
Set Up Your System:
- Chart of Accounts: We create a personalized chart of accounts.
- Bank Linking: We connect your credit cards for automatic transaction imports.
- Invoice and Payment Setup: We customize payment options.
- Record Migration: If applicable, we securely transfer historical financial data.
Software Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the day-to-day bookkeeping tasks.
What We Do:
Expense Classification
Bank and Credit Card Reconciliation
Financial Reporting
- 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 continuous support.
What We Do:
Review Financial Reports
Review Financial Health
Strategic Advice
Ongoing Communication
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the backbone of your company’s growth. Whether you need to plan strategically, secure funding, or meet regulatory requirements, we deliver meticulously prepared, fully compliant financial statements that provide a transparent overview of your company’s health.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, outflows, and profits so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A concise overview of your assets, liabilities, 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 prevent financial gaps.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Professionally prepared reports designed for financial institutions, investors, and grant agencies to help you win grants.
Well-prepared financial statements build confidence among investors, reduce financial risk, and help you make data-driven decisions that accelerate expansion.
A strong financial plan is the backbone to business growth and stability. We create tailored budgets and forecasts to help you maintain control, prepare for uncertainties, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Data-backed 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 prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your financial projections and real-world financial performance to adjust strategies proactively.
Strategic budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to grow with confidence.
Generating revenue doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow proactively so you can meet financial obligations, 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 efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and maximize financial efficiency.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always positioned for scaling.
Poor cash flow management is one of the top reasons businesses struggle, our expertise ensures yours doesn’t.
Errors in payroll can lead to unhappy employees, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid without errors, without delays, and in full compliance with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Reliable handling of employee pay, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax calculations to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, pension deductions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Scheduled payroll evaluations to prevent issues, stay ahead of regulations, and maintain legal standing.
A error-free payroll system keeps your employees happy, protects you from legal issues, and ensures compliance.
Audits can be stressful, but they don’t have to be. We help you stay audit-ready year-round with meticulously maintained accounts and full compliance with regulations.
How We Help:
- Audit-Ready Financial Statements - Ensure all your financial reports meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, errors, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for NGOs to track restricted funds and meet reporting standards.
- IRS & Tax Audit Support - Full documentation, 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.
Staying audit-ready eliminates last-minute panic, ensures compliance, and shields your organization from costly penalties.
Beyond financial tracking and compliance, we provide expert financial insights to help you improve earnings, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and cut unnecessary costs for a stronger bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to reduce tax burdens and increase savings.
- 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 stagnant to expanding.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a key part of your financial well-being. Filing mistakes 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 self-employed, we file accurate returns to keep you compliant and stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you retain 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 complete peace of mind.
Lack of strategic tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully compliant, and properly set up to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; we proactively develop strategies to reduce your tax burden.
- Business Entity Selection - 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 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 reduced expenses, higher profits, and fewer IRS concerns.
Tax preparation shouldn’t be stressful. We simplify the process while ensuring you get the biggest tax return possible.
What We Do:
- Personalized Tax Return Filing - Whether you’re a salaried professional, investor, or business owner, we handle your taxes with precision.
- Optimized Tax Savings - We find every write-off and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - 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 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:
- Sales Tax Registration & Filing - We manage sales tax collection, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure correct tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, 1099s, and payroll tax deductions with precision.
Stay compliant, avoid fines, and protect your financial future.
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:
- Full-Service Audit Representation - We take care of all IRS communications and advocate for your case.
- 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 tax debts? We negotiate with the IRS to reduce what you owe and get you back on track.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and avoid further penalties.
- Flexible Payment Arrangements - We negotiate affordable monthly payment options.
- Tax Debt Settlement - Settle your tax debt for less than the original amount.
Avoid wage garnishments, tax liens, and financial stress. We fight for the best possible resolution for you.
Book Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the burden that comes with managing your financial records? Let us handle the numbers while you focus on scaling your business.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you remain tax-compliant, make informed decisions, and improve transparency.
Take the first step towards financial clarity today. Schedule your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747