Virtual Bookkeeping Services Burbank, CA
Your financial records are the foundation of your business’s success. 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
Certified QuickBooks Bookkeepers
Managing your financial records should not be a hassle, it should be a pathway to your success. We specialize in helping startups and charitable organizations stay financially secure and compliant. Our team of certified and licensed specialists work seamlessly to ensure your books are accurate, organized, and up-to-date.
We know you have plenty to tick off on your agenda, and stressing over finances shouldn’t be one of them. We handle your financial records with precision, giving you the clarity and peace of mind to focus on what truly counts, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Expert Knowledge
- Top Notch Customer Service
Whether you are a startup 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 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 the right way from the beginning helps you work efficiently, avoids expensive errors, and gives you a clear financial picture. We manage the entire setup process, ensuring your QuickBooks system is set up for precision, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We customize your chart of accounts to align with your business structure, making it effortless to track revenue, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automated transaction imports and real-time reconciliation.
- Smart Categorization Rules - We configure intelligent financial tagging to ensure uniformity and error-free processing in your financial records, reducing manual work.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to navigate it efficiently for your daily financial operations.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies fall behind on their financial records. Whether you're half a year or even 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, incorrect categorizations, and missing transactions to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, balancing QuickBooks records with bank and credit card statements to ensure consistency.
- 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 organize outstanding invoices and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are IRS-ready, fully balanced, and ready for investors, financial institutions, or {audits||compliance checks}.
Well-maintained, fully reconciled books offer transparency and set you up for future success.
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 spending and income. You will get a transparent 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 banking accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly reconciled. By reconciling your accounts every month, we catch any mismatches early and ensure everything is accurate. This keeps your financial records error-free and prevents any errors.
Struggling with late payments, outstanding balances, or forgotten due dates? We streamline your incoming and outgoing payments processes, ensuring your finances stay consistent and stress-free.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and posting cash receipts, invoicing, sending statements, reconciling, and reporting.
No more late fees or outstanding debt. Your cash flow will be steady, organized, and hassle-free.
We handle all the complex processes when it comes to your financial statements. From tracking your P&L to managing your Statement of Financial Position, we ensure everything is organized. Stay informed with our regular financial reports. These reports give you a comprehensive view into your business’s financial health.
Every month, we offer a personalized consultation to review your financials and give you growth recommendations. Whether it’s optimizing expenses, improving liquidity, 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 Middle Village, NY and Online Bookkeepers In Lemon Grove, CA
Our Process
Our bookkeeping services start with an in-depth 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 requirements and objectives.
What We Do:
Evaluate Your Financial Status: We will review your financial processes, software, and financial records (if available). This helps us understand any discrepancies in your system.
Identify Your Financial Needs: Based on your structure, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is cost tracking or financial analysis.
Clarify Your Financial Objectives: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need regular financial reports for investors?
Personalized Plan: 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 pricing, billing frequency, and payment methods.
Once we understand your business’s needs, we move on to establishing 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 customized chart of accounts.
- Bank Account Integration: We connect your credit cards for real-time updates.
- Invoice and Payment Setup: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
User Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the ongoing bookkeeping processes.
What We Do:
Income & Expense Categorization
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Financial Clean-Up
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer ongoing advisory services.
What We Do:
Review Financial Reports
Review Financial Health
Strategic Advice
Client Assistance
Proactive Financial Advice
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the cornerstone 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 company’s health.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and net income so you can track performance, recognize opportunities, and adjust strategies.
- Balance Sheet - A concise overview of your resources, liabilities, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly where your money is coming from and your expense distribution, 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 spot areas for growth and potential risks.
- Investor & Grant Reporting - Professionally prepared reports designed for banks, investors, and grant agencies to help you secure funding.
Reliable financial statements increase trust among investors, strengthen financial security, and help you steer your business toward success that ensure scalability.
A strong financial plan is the foundation to long-term success and financial stability. We create customized budgets and forecasts to help you stay on track, anticipate challenges, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Data-backed financial plans based on previous financial data, industry benchmarks, and long-term vision.
- Revenue & Expense Forecasting - Insightful 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 enhance financial resilience.
- 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 scale sustainably.
Profitability doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can cover expenses, compensate your team, and scale your business.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and sustain 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 - Establish financial reserves to create a safety net from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the leading reasons businesses fail, our expertise protects your company from this risk.
Errors in payroll can lead to dissatisfied workers, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid correctly, punctually, and in full compliance with regulations.
How We Help:
- Payroll Processing & Direct Deposits - Effortless handling of employee pay, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll evaluations to catch errors, stay ahead of regulations, and maintain legal standing.
A reliable payroll system 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 meticulously maintained accounts 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, errors, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to manage donor contributions and meet reporting standards.
- IRS & Tax Audit Support - Full record-keeping, expert guidance, and compliance guidance if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Being proactive with audits eliminates last-minute panic, ensures compliance, and protects your business 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:
- Profitability & Cost Analysis - Identify opportunities to increase income and cut unnecessary costs 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.
- Funding & Investor Readiness - Prepare professional financial reports and presentations to attract investors or secure business loans 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 surviving to thriving.
Our Tax Services
Taxes aren’t simply a annual task, they’re a critical part of your overall finances. Errors in filing 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 self-employed, we file precise returns to keep you compliant and stress-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 across state lines? Hiring remote employees? We ensure hassle-free 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 complete peace of mind.
Poor tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully compliant, and strategically structured to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just file your taxes; we proactively plan ways 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 save on taxes.
- Up-to-Date Compliance - IRS rules change often, and we ensure you remain compliant.
- Expense Optimization & Write-Off Strategies - We find deductions often overlooked by companies.
- Industry-Specific Tax Breaks - Whether you’re in technology, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Proactive tax management means lower costs, higher profits, and less stress during tax season.
Tax preparation 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 W-2 employee, investor, or high-income earner, we handle your taxes with expertise.
- Optimized Tax Savings - We identify every write-off and credit to reduce what you owe and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while minimizing tax impact.
- Property Tax Benefits - From home deductions to rental income strategies, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you maximize 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 state tax filings, reconciliations, and multi-state compliance.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and freelancers.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our automated filing services.
- W-2 & 1099 Reporting - We handle W-2s, freelancer tax documents, and payroll tax deductions with precision.
Stay compliant, prevent penalties, and keep your business running smoothly.
If the IRS comes knocking, 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 advocate for your case.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and prove compliance.
- Penalty & Interest Negotiation - We negotiate down or minimize IRS penalties and interest.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Overwhelmed by unpaid taxes or IRS penalties? We negotiate with the IRS 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 manageable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Avoid wage garnishments, tax liens, 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 hassle that comes with managing your financial records? Let us handle the numbers while you focus on growing your organization.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you remain tax-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