Online Bookkeeping Services Brooklyn Park, MN
Your financial data are the backbone of your business’s growth. Proper bookkeeping ensures you’re always prepared for tax filings, investment 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 hassle, it should be a stepping stone to your growth. We specialize in helping startups and nonprofits stay financially secure and legally aligned. Our team of certified and licensed specialists work seamlessly to ensure your books are error-free, structured, and up-to-date.
We know you have much to tick off on your agenda, and worrying about finances shouldn’t be one of them. We handle your finances with accuracy, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Professional Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Industry Experts
- Exceptional Client Support
Whether you are a new business navigating your first year or a bit down the line with your business, our team of experts ensures that your books are always in order. 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 beginning saves you time, prevents costly mistakes, and provides you with a clear financial picture. We manage 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 income, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure transaction categorization rules to ensure uniformity and error-free processing in your books, 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 business transactions.
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 fall behind on their financial records. Whether you're several months or even multiple years behind, we specialize in bringing your books up to date to get your financial data back on track, accurate, and tax-compliant.
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, aligning QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve errors in your financial statement and profit & loss 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 tax-compliant, fully reconciled, and prepared for investors, banks, or {audits||compliance checks}.
Up-to-date, accurate books give you full visibility into your finances and position your business for growth.
We will take care of organizing your transactions and categorizing them accurately for your financial statements. This means no more confusion when it comes to your expenses and earnings. 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 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 discrepancies early and ensure everything matches up. This keeps your financial records up-to-date and prevents any oversights.
Struggling with overdue bills, outstanding balances, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring you maintain financial stability.
What We Offer:
- Accounts Payable Services - We handle classification, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and logging deposits, billing, sending statements, verifying records, and reporting.
No more missed payments or overdue invoices. Your financial health will be predictable, organized, and hassle-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 regular financial reports. These reports give you a comprehensive view into your business’s performance.
Every month, we offer a personalized consultation to review your financials and give you strategic advice. Whether it’s optimizing expenses, 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 custom solutions based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Services Orcutt, CA and Online Bookkeepers In Fontana, CA
Our Process
Our bookkeeping services begin with an in-depth consultation. 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 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 existing gaps in your system.
Identify Your Financial 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 enhance cash flow? Are you preparing for compliance reporting? Do you need regular financial reports for investors?
Tailored Strategy: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored to your needs.
Discuss Payment Terms: During/after this consultation, we will outline our payment structure, including cost breakdown, billing frequency, and payment methods.
Once we understand your financial structure, we move on to establishing your bookkeeping system.
What We Do:
Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- COA Setup: 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.
- Historical Data Transfer: If applicable, we securely transfer historical financial data.
Software Training: We provide training sessions.
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
Invoice 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 ongoing advisory services.
What We Do:
Review Monthly Reports
Review Financial Health
Strategic Advice
Ongoing Communication
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. Whether you need to make informed decisions, attract investors, or stay audit-ready, we deliver accurate, audit-ready financial statements that provide a transparent overview of your company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, outflows, and profits so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A structured breakdown of your assets, liabilities, and equity, helping you assess your financial health.
- Cash Flow Statement - See exactly your revenue sources and where it’s going, so you can maintain stability and prevent financial gaps.
- 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 designed for banks, investors, and grant agencies to help you win grants.
Reliable financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that ensure scalability.
A strong financial plan is the backbone to long-term success and stability. We create customized budgets and forecasts to help you maintain control, anticipate challenges, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Structured financial plans based on previous financial data, industry benchmarks, and long-term goals.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring financial preparedness.
- 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 - Systematic comparisons between your estimated finances and actual financial performance to adjust strategies proactively.
Strategic budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Generating revenue doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can meet financial obligations, pay employees, and invest in growth.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to enhance cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and maximize financial efficiency.
- Emergency Fund Planning - Build & strengthen financial reserves to shield your company from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the biggest reasons businesses fail, our expertise ensures yours doesn’t.
Payroll mistakes can lead to unhappy employees, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid without errors, without delays, and in full compliance with government policies.
What We Do:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll evaluations to catch errors, stay ahead of regulations, and maintain legal standing.
A error-free payroll system ensures employee satisfaction, protects you from legal issues, and maintains regulatory adherence.
Audits can be overwhelming, 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 meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and policy violations 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 documentation, expert guidance, and legal adherence if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Staying audit-ready minimizes anxiety, ensures compliance, and shields your organization from costly penalties.
Beyond bookkeeping and regulatory adherence, we provide professional advice to help you increase profitability, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and reduce expenses for a stronger bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and increase savings.
- Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to attract investors or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and cost-effective financial management to ensure long-term stability.
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 critical part of your overall finances. Filing mistakes 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 a freelancer, we file precise returns to keep you penalty-free and worry-free.
- Optimized Tax Savings - We uncover all eligible deductions you’re entitled to, so you keep more of your hard-earned money.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring remote employees? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for faster processing and peace of mind.
Taxes done correctly 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 compliant, and properly set up 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.
- 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.
- Maximizing Deductions - We identify deductions often overlooked by companies.
- 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 fewer IRS concerns.
Tax preparation shouldn’t be stressful. We make it hassle-free while ensuring you get the maximum refund possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a W-2 employee, investor, or business owner, we handle your taxes with expertise.
- Maximized Refunds - We find 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 minimizing tax impact.
- Homeowner & Real Estate Tax Optimization - From mortgage interest to rental income strategies, 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, 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 state tax filings, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure error-free tax withholdings for employees and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our timely filing services.
- Employee & Contractor Tax Compliance - We handle employee tax forms, freelancer tax documents, and payroll tax deductions with accuracy.
Stay compliant, avoid fines, and protect your financial future.
Facing an IRS audit?, you don’t have to face them alone. We handle tax disputes, audits, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS communications and defend your tax filings.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and support your claims.
- IRS Fine Reduction - We negotiate down or minimize IRS fees and interest.
Tax audits can be overwhelming, but we ensure you’re protected and get the best possible outcome.
Overwhelmed by unpaid taxes or tax debts? We work on your behalf to settle your debts and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - File overdue returns and regain compliance.
- Flexible Payment Arrangements - We negotiate manageable monthly payment options.
- Tax Debt Settlement - Reduce what you owe for less than the original amount.
Stop IRS collections, asset seizures, and financial stress. We fight for the most favorable outcome for you.
Schedule 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 books while you focus on growing your organization.
Our team of certified bookkeeping experts 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. Schedule your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747