Online Bookkeeping Services Crest Hill, IL
Your financial data are the foundation of your business’s success. Proper bookkeeping ensures you’re always prepared for tax filings, funding 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 records should not be a hassle, it should be a stepping stone to your financial stability. We specialize in helping startups and nonprofits stay financially secure and in line with regulations. Our team of accredited and licensed experts work seamlessly to ensure your books are accurate, organized, and up-to-date.
We know you have plenty to check off on your agenda, and worrying about 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.
- Certified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Industry Experts
- Top Notch Customer Service
Whether you are a new business navigating your initial phase or a bit down the line with your business, our team of professionals ensures that your books are always organized. Your time is valuable, and your business deserves the best. Partner with Digitally Precise Bookkeeping and experience the impact 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, reduces financial risks, and ensures you have a accurate financial picture. We manage the entire setup process, ensuring your QuickBooks system is configured for precision, efficiency, and future growth.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to align with your organizational needs, making it simple to track earnings, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We link your financial accounts to QuickBooks, enabling automatic transaction imports and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to maintain consistency and accuracy in your financial data, cutting down on repetitive tasks.
- Training & Support - We guide you through your QuickBooks setup, ensuring you grasp how to navigate it with confidence for your routine business transactions.
A streamlined, accurate QuickBooks system that simplifies bookkeeping, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many organizations struggle to keep up with 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 records back on track, properly balanced, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, misclassified expenses, and unrecorded payments to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, aligning QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We fix discrepancies in your financial statement and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage pending invoices and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your records are tax-compliant, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Clean, accurate books give you full visibility into your finances and set you up for future success.
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 spending and revenue. You will get a clear view of your finances, making tax season a breeze 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 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 missed bill deadlines? We simplify your incoming and outgoing payments processes, ensuring you maintain financial stability.
How We Help:
- Accounts Payable Services - We handle coding, recording, bill payment (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, creating and sending invoices, sending statements, verifying records, 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 Income Statement to managing your Balance Sheet, 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 strategic advice. Whether it’s reducing costs, 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 specific requirements. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeepers In Farmington, UT and Online Bookkeeping Solutions Yuba City, CA
Our Process
Our bookkeeping services kick off with an initial assessment. During this phase, we carefully understand the unique 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 financial processes, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Identify Your Financial Needs: Based on your business model, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is expense tracking or financial analysis.
Align with Your Goals: We ask questions to better understand your immediate and future objectives. Do you want to improve cash flow management? 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 customized to your needs.
Agree on Payment Plans: During/after this consultation, we will outline our payment structure, including service rates, 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:
- Chart of Accounts: We create a customized chart of accounts.
- Automated Bank Sync: We connect your credit cards for real-time updates.
- Invoice and Payment Setup: We customize payment options.
- Historical Data Transfer: If applicable, we securely migrate historical financial data.
User Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the bookkeeping operations.
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 dedicated assistance.
What We Do:
Review Financial Reports
Monitor Financial Performance
Strategic Advice
Ongoing Communication
Proactive Financial Advice
Troubleshooting
Growth Support
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 make informed decisions, secure funding, or ensure compliance, we deliver precise, audit-ready financial statements that provide a clear picture of your company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, expenses, and profits so you can track performance, identify trends, and enhance profitability.
- Balance Sheet - A structured breakdown of your assets, debts, and equity, helping you assess your financial health.
- Cash Flow Statement - See exactly your revenue sources and how it’s being spent, so you can keep finances under control and eliminate cash flow surprises.
- 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 designed for financial institutions, investors, and grant agencies to help you secure funding.
Reliable financial statements build confidence among investors, minimize uncertainties, and help you make data-driven decisions that ensure scalability.
A solid financial plan is the backbone to long-term success and stability. We create tailored budgets and forecasts to help you stay on track, mitigate risks, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans based on past performance, market standards, and future goals.
- Revenue & Expense Forecasting - Insightful projections that help you anticipate future financial needs, ensuring sustainable cash flow.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Regular comparisons between your planned budget and real-world financial performance to keep you on track.
Effective budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.
Profitability doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively so you can meet financial obligations, compensate your team, and scale your business.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to strengthen cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase margins.
- Emergency Fund Planning - Establish financial reserves to protect your business from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.
Poor cash flow management is one of the leading reasons businesses struggle, our expertise ensures yours doesn’t.
Errors in payroll can lead to unhappy employees, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid accurately, on time, and in full compliance with government policies.
What We Offer:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, 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 payroll-related tax documents, including W-2s, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, pension deductions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Regular payroll evaluations to catch errors, avoid penalties, and ensure compliance.
A error-free payroll system keeps your employees happy, shields you from lawsuits, and ensures compliance.
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.
What We Do:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify fraud risks, errors, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to stay grant-compliant and meet funding guidelines.
- IRS & Tax Audit Support - Full documentation, representation, 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.
Being proactive with audits reduces stress, ensures compliance, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide professional advice to help you improve earnings, secure funding, and make smarter business decisions.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to boost revenue and reduce expenses for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to reduce tax burdens and retain more profits.
- Funding & Investor Readiness - Prepare professional financial reports and presentations to gain investor interest or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from surviving to expanding.
Our Tax Services
Taxes aren’t just a annual task, they’re a critical part of your overall finances. Errors in filing 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 entrepreneur, nonprofit, or a freelancer, we file precise returns to keep you compliant and stress-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you keep more of your hard-earned money.
- 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 filed online for quicker refunds and peace of mind.
Taxes done correctly mean bigger tax refunds, fewer headaches, and zero stress.
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 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.
- Up-to-Date Compliance - IRS rules are constantly changing, and we ensure you stay ahead.
- Maximizing Deductions - We find 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, higher profits, and fewer IRS concerns.
Tax preparation shouldn’t be overwhelming. We simplify the process while ensuring you get the maximum refund 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 deduction and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while keeping taxes low.
- Property Tax Benefits - From mortgage interest to rental income strategies, we ensure real estate works in your favor.
- Education & Child Tax Credits - Got kids? We ensure you claim every available 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, reporting, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure correct 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 precision.
Remain IRS-compliant, prevent penalties, and protect your financial future.
If the IRS comes knocking, you don’t have to deal with it by yourself. We handle IRS challenges, audits, 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 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 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 - Get caught up and regain compliance.
- IRS Installment Plans - We negotiate manageable IRS-approved repayment plans.
- 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.
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 scaling your business.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, make informed decisions, and reach your goals.
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