Online Bookkeeping Services Chester, England
Your financial data are the backbone of your business’s growth. Accurate bookkeeping ensures you’re always prepared for tax filings, investment opportunities, and critical decision-making moments. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
Certified QuickBooks Experts
Managing your financial records should not be a hassle, it should be a stepping stone to your success. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of accredited and licensed experts work diligently to ensure your books are precise, structured, and up-to-date.
We know you have a lot to tick off on your to-do list, and stressing over finances shouldn’t be one of them. We handle your financial records with care, giving you the clarity and peace of mind to focus on what truly counts, your organization’s growth.
- Certified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Industry Experts
- Exceptional Client Support
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 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, prevents costly mistakes, and gives you a transparent financial picture. We take care of the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and future growth.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to align with your company’s setup, making it effortless to track revenue, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automated data synchronization and real-time reconciliation.
- Smart Categorization Rules - We set up intelligent financial tagging to maintain consistency and error-free processing in your financial data, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your routine financial operations.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many businesses find it challenging to maintain their books. 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, error-free, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We identify and fix unintentional duplicates, incorrect categorizations, 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 correct mistakes in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage pending payments and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are tax-compliant, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Up-to-date, fully reconciled books provide needed financial clarity and help you make informed decisions.
We will take care of organizing your transactions and categorizing them correctly for your financial statements. This means no more confusion when it comes to your spending and income. You will get a organized view of your finances, making tax season a stress-free process and giving you the insights you need to understand your business’s performance.
We will make sure all your financial accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly reconciled. By reconciling your accounts every month, we catch any errors early and ensure everything aligns. This keeps your financial records accurate and prevents any mistakes.
Struggling with delayed transactions, outstanding balances, or missed bill deadlines? We streamline your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, creating and sending invoices, sending statements, verifying records, and reporting.
No more missed payments or overdue invoices. Your financial health will be predictable, organized, and stress-free.
We handle all the tedious tasks when it comes to your financial statements. From tracking your P&L to managing your Statement of 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 profitability.
Every month, we offer a customized consultation to review your financials and give you strategic advice. Whether it’s cutting unnecessary spending, improving liquidity, 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 specific requirements. Reach out to us today for more information.
Some of our other service areas include Online Bookkeepers In Pontypridd, Wales and Online Bookkeepers In Royal Tunbridge Wells, England
Our Process
Our bookkeeping services start with an in-depth consultation. During this phase, we take the time to 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 existing accounting systems, 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 cost tracking or recordkeeping.
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 filings? Do you need detailed statements for board members?
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’s needs, we move on to configuring your financial system.
What We Do:
Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its security.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a tailored chart of accounts.
- Bank Account Integration: We connect your payment platforms for real-time updates.
- Invoice and Payment Setup: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Training and Onboarding: 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:
Transaction Categorization
Financial Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice 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 ongoing advisory services.
What We Do:
Review Financial Reports
Review Financial Health
Improvement Suggestions
Dedicated Support
Tax Compliance Updates
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the backbone of your business’s success. Whether you need to make informed decisions, attract investors, or stay audit-ready, we deliver meticulously prepared, audit-ready 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 net income so you can measure growth, identify trends, and enhance profitability.
- Balance Sheet - A concise overview 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 eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We assess key indicators like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Meticulously structured reports designed for financial institutions, investors, and funding bodies to help you win grants.
Accurate financial statements increase trust among investors, strengthen financial security, and help you make data-driven decisions that drive growth.
A strong financial plan is the foundation to long-term success and financial stability. We create tailored budgets and forecasts to help you align with your goals, mitigate risks, and steer your business with confidence.
What We Offer:
- Annual & Monthly Budgeting - Data-backed financial plans based on past performance, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Data-driven projections that help you prepare for future financial needs, ensuring financial preparedness.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to enhance financial resilience.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and actual financial performance to keep you on track.
Effective budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Profitability doesn’t guarantee financial stability, steady cash flow is the real key. We help you take control of your cash flow effectively so you can stay operational, handle payroll, and scale your business.
How We Help:
- 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 improve cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, cut non-essential costs, and maximize financial efficiency.
- Emergency Fund Planning - Establish financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the top reasons businesses fail, our expertise keeps you ahead of financial challenges.
Errors in payroll can lead to dissatisfied workers, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid accurately, without delays, and in full compliance with government policies.
How We Help:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, 401(k) contributions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to catch errors, avoid penalties, and ensure compliance.
A error-free payroll system keeps your employees happy, 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 error-free books 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 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 record-keeping, 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.
Staying audit-ready reduces stress, ensures compliance, and protects your business from costly penalties.
Beyond bookkeeping and compliance, we provide professional advice to help you improve earnings, secure funding, 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 obtain funding 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 just a once-a-year task, they’re a critical 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 accurate returns to keep you penalty-free and worry-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you retain more of your profits.
- 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 zero stress.
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:
- Year-Round Tax Strategy - We don’t just handle tax returns; 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 pick 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 technology, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Smart tax planning means lower costs, better financial outcomes, and less stress during tax season.
Filing your taxes 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 W-2 employee, investor, or high-income earner, 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 save for retirement while minimizing tax impact.
- Property Tax Benefits - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you claim every eligible tax break.
More money in your pocket, less time worrying.
Sales and employment 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 error-free tax withholdings for staff and freelancers.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, 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 correspondence and defend your tax filings.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and support your claims.
- Penalty & Interest Negotiation - We negotiate down or minimize IRS fees and charges.
IRS audits are stressful, 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 avoid further penalties.
- Flexible Payment Arrangements - We negotiate affordable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for a fraction of the original amount.
Avoid wage garnishments, tax liens, and financial stress. 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 professional bookkeepers 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 discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747