Virtual Bookkeeping Services Conway, AR
Your financial records are the cornerstone of your business’s success. Proper bookkeeping ensures you’re always prepared for tax season, investment opportunities, 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 accounts should not be a burden, it should be a bridge to your financial stability. We specialize in helping startups and NGOs stay financially secure and compliant. Our team of certified and licensed specialists work efficiently to ensure your books are accurate, organized, and up-to-date.
We know you have a lot to tick off on your daily tasks, and worrying about finances shouldn’t be one of them. We handle your financial records with accuracy, giving you the clarity and confidence to focus on what truly counts, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Expert Knowledge
- 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 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 helps you work efficiently, prevents costly mistakes, and gives you a accurate financial picture. We handle the entire setup process, ensuring your QuickBooks system is set up for error-free operation, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We customize your chart of accounts to align with your business structure, making it simple to track income, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We link your financial accounts to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to ensure consistency and accuracy in your records, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you grasp how to navigate it efficiently for your daily business transactions.
A well-organized, error-free QuickBooks system that makes financial management easier, saves time, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses fall behind on their financial records. Whether you're several months or even years behind, we specialize in bringing your books up to date to get your financial accounts back on track, error-free, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, incorrect categorizations, and missing transactions to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, synchronizing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We fix discrepancies in your balance sheet and P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We manage pending invoices and expenses, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully reconciled, and ready for investors, lenders, or {audits||compliance checks}.
Up-to-date, fully reconciled books offer transparency and position your business for growth.
We will take care of sorting your transactions and categorizing them accurately for your financial statements. This means no more confusion when it comes to your expenses 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 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 is accurate. This keeps your financial records up-to-date and prevents any mistakes.
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, bill payment (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and posting cash receipts, billing, sending statements, matching transactions, and reporting.
No more late fees or overdue invoices. Your financial health will be consistent, organized, and stress-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your Profit & Loss to managing your Financial Position, we ensure everything is up-to-date. Stay informed with our detailed reports. These reports give you a comprehensive view into your business’s profitability.
Every month, we offer a personalized consultation to review your financials and give you business insights. Whether it’s optimizing expenses, 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 Virtual Bookkeepers In Elkhart, IN and Online Bookkeeping Solutions Anchor Bay Shores, MI
Our Process
Our bookkeeping services begin with an comprehensive 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 challenges and objectives.
What We Do:
Evaluate Your Financial Status: We will review your existing accounting systems, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Pinpoint Key Bookkeeping Needs: Based on your structure, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or financial reporting.
Clarify Your Financial Objectives: We ask questions to better understand your business aspirations. Do you want to enhance cash flow? Are you preparing for tax season? Do you need detailed statements for investors?
Personalized Plan: 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 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 scalability.
Set Up Your System:
- COA Setup: We create a personalized chart of accounts.
- Bank Account Integration: We connect your credit cards for automatic transaction imports.
- Invoicing System: We customize billing structures.
- Data Migration: If applicable, we securely migrate 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 ongoing bookkeeping processes.
What We Do:
Expense Classification
Financial Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice 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 Monthly Reports
Monitor Financial Performance
Strategic Advice
Dedicated Support
Tax Compliance Updates
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the backbone of your business’s success. Whether you need to make informed decisions, secure funding, or meet regulatory requirements, we deliver meticulously prepared, audit-ready financial statements that provide a transparent overview of your company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, outflows, and profits so you can measure growth, spot patterns, and make smarter financial decisions.
- Balance Sheet - A clear overview of your resources, liabilities, and equity, helping you assess your financial health.
- Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can keep finances under control and prevent financial gaps.
- Financial Ratios & KPI Analysis - We analyze key metrics like profit margins and liquidity ratios to identify strengths and potential risks.
- Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and philanthropic organizations to help you secure funding.
Well-prepared financial statements build confidence among investors, minimize uncertainties, and help you make data-driven decisions that accelerate expansion.
A strong financial plan is the backbone to long-term success and stability. We create customized budgets and forecasts to help you stay on track, mitigate risks, and optimize resource allocation.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, industry benchmarks, and long-term goals.
- 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 equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your estimated finances and real-world financial performance to adjust strategies proactively.
Proactive budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to grow with confidence.
Generating revenue doesn’t ensure financial stability, cash flow does. We help you manage your cash flow proactively so you can cover expenses, pay employees, and invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, 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 ready to expand.
Uncontrolled cash flow is one of the top reasons businesses shut down, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid accurately, without delays, and in full compliance with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Reliable handling of salaries, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, 401(k) contributions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Regular payroll reviews to identify mistakes, avoid penalties, and maintain legal standing.
A well-structured payroll process keeps your employees happy, shields you from lawsuits, and ensures compliance.
Audits can be stressful, but they don’t have to be. We help you stay audit-ready year-round with error-free books 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 policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for NGOs to track restricted funds and meet grantor requirements.
- IRS & Tax Audit Support - Full documentation, 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, keeps you legally secure, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide professional advice to help you increase profitability, get financing, and make smarter business decisions.
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 secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, 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 just a annual task, they’re a critical 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 precise returns to keep you compliant and worry-free.
- Maximized Deductions & Credits - We uncover all eligible deductions you’re entitled to, so you keep more of your profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring out-of-state workers? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for faster processing and no delays.
Taxes done right 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 aligned with IRS regulations, 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 reduce your tax burden.
- Business Entity Selection - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you pick the best structure to save on taxes.
- IRS Regulation Monitoring - IRS rules are constantly changing, and we ensure you remain compliant.
- Maximizing Deductions - 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.
Smart tax planning means lower costs, higher profits, and fewer IRS concerns.
Filing your taxes shouldn’t be stressful. We make it hassle-free 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 precision.
- Maximized Refunds - We find 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 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, reporting, and nexus requirements.
- Payroll Tax Management - Ensure error-free tax withholdings for employees and contractors.
- Scheduled Tax Filings - Stay ahead of deadlines with our automated filing services.
- Employee & Contractor Tax Compliance - We handle employee tax forms, freelancer tax documents, and payroll tax deductions with accuracy.
Remain IRS-compliant, prevent penalties, and keep your business running smoothly.
If the IRS comes knocking, you don’t have to deal with it by yourself. We handle IRS challenges, tax examinations, and IRS communications on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS correspondence and defend your tax filings.
- Financial Document Reconstruction - Missing financial records? We recreate 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 covered and get the best possible outcome.
Struggling with back taxes or IRS penalties? We negotiate with the IRS to reduce what you owe and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - File overdue returns and regain compliance.
- IRS Installment Plans - We secure affordable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for a fraction of the original amount.
Stop IRS collections, tax liens, and legal trouble. We secure the best possible resolution 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 books while you focus on scaling your business.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, make informed decisions, 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