Virtual Bookkeeping Services Dothan, AL
Your financial records are the foundation of your business’s growth. Proper bookkeeping ensures you’re always prepared for tax season, funding opportunities, and critical decision-making moments. 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 stressful task, it should be a stepping stone to your financial stability. We specialize in helping startups and NGOs stay financially secure and legally aligned. Our team of accredited and licensed experts work seamlessly to ensure your financial records are precise, organized, and up-to-date.
We know you have a lot 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
- Detail-Oriented Professionals
- Industry Experts
- Dedicated Customer Care
Whether you are a startup navigating your initial phase or a bit down the line with your business, our team of experts 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 the right way from the start helps you work efficiently, reduces financial risks, and gives you a transparent view of your finances. We take care of the entire setup process, ensuring your QuickBooks system is configured for error-free operation, efficiency, and future growth.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to align with your business structure, making it effortless to track income, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We link your banking information to QuickBooks, enabling automated transaction imports and real-time financial tracking.
- Smart Categorization Rules - We set up transaction categorization rules to ensure uniformity and error-free processing in your books, reducing manual work.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your ongoing business transactions.
A well-organized, error-free QuickBooks system that makes financial management easier, improves productivity, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses find it challenging to maintain their financial records. Whether you're half a year or even multiple years behind, we specialize in bringing your books up to date to get your records back on track, accurate, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct repeated transactions, incorrect categorizations, and overlooked expenses to ensure error-free records.
- Bank & Credit Card Reconciliation - We match your accounts, balancing QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We fix errors in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We track outstanding invoices and bills, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your financial statements are tax-compliant, fully balanced, and ready for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, fully reconciled books offer transparency and help you make informed decisions.
We will take care of organizing your transactions and categorizing them accurately for your financial statements. This means no more guesswork when it comes to your expenses and revenue. You will get a organized view of your finances, making tax season a smooth experience and giving you the insights you need to understand your business’s profitability.
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 is accurate. This keeps your financial records accurate and prevents any errors.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle categorization, posting, bill payment (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and posting cash receipts, billing, sending statements, verifying records, and reporting.
No more missed payments or outstanding debt. Your cash flow will be predictable, organized, and hassle-free.
We handle all the complex processes when it comes to your financial statements. From tracking your Profit & Loss to managing your Statement of Financial Position, we ensure everything is up-to-date. Stay informed with our regular financial reports. These reports give you a comprehensive view into your business’s profitability.
Every month, we offer a customized consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, 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 personalized packages based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Online Bookkeepers In Concord, CA and Online Bookkeeping Services Clifton Mill, MI
Our Process
Our bookkeeping services begin with an comprehensive 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 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 primary sections where bookkeeping support is needed, whether it is cost tracking or financial reporting.
Align with Your Goals: We ask questions to better understand your immediate and future objectives. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need regular financial reports for stakeholders?
Customization: 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 business’s needs, we move on to configuring your financial system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a tailored chart of accounts.
- Automated Bank Sync: We connect your payment platforms for real-time updates.
- Invoicing System: We customize billing structures.
- Historical Data Transfer: If applicable, we securely migrate historical financial data.
Training and Onboarding: 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:
Income & Expense Categorization
Financial Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable 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 dedicated assistance.
What We Do:
Review Monthly Reports
Review Financial Health
Make Recommendations
Client Assistance
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, they are the backbone of your business’s success. Whether you need to make informed decisions, attract investors, or stay audit-ready, we deliver precise, audit-ready financial statements that provide a transparent overview of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, outflows, and profits so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A clear overview of your resources, debts, 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 indicators like profit margins and liquidity ratios to uncover opportunities and red flags.
- Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and grant agencies to help you win grants.
Accurate financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that ensure scalability.
A solid financial plan is the key to long-term success and financial stability. We create tailored budgets and forecasts to help you maintain control, prepare for uncertainties, and make informed financial decisions.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans based on past performance, market standards, and long-term goals.
- Revenue & Expense Forecasting - Insightful projections that help you prepare for future financial needs, ensuring sustainable cash flow.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your financial projections 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 manage your cash flow proactively so you can meet financial obligations, pay employees, and scale your business.
What We Offer:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to strengthen cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Build & strengthen financial reserves to shield your company from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the leading reasons businesses struggle, our expertise protects your company from this risk.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We take payroll off your plate, ensuring your team gets paid correctly, without delays, and in complete alignment with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of salaries, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Proper management of health benefits, 401(k) contributions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Routine payroll inspections to identify mistakes, avoid penalties, and ensure compliance.
A well-structured payroll process keeps your employees happy, protects you from legal issues, and keeps you in good standing with labor laws.
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 Do:
- Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
- Internal Controls Assessment - Identify fraud risks, inaccuracies, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to manage donor contributions and meet reporting standards.
- IRS & Tax Audit Support - Full documentation, representation, 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.
Staying audit-ready reduces stress, keeps you legally secure, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide expert 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 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 obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from stagnant to expanding.
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 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 accurate returns to keep you compliant 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 in multiple states? Hiring out-of-state workers? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds and no delays.
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 properly set up to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just handle tax returns; we proactively develop strategies 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 change often, and we ensure you stay ahead.
- Maximizing Deductions - We identify deductions often overlooked by companies.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means reduced expenses, better financial outcomes, and fewer IRS concerns.
Tax preparation shouldn’t be overwhelming. We simplify the process while ensuring you get the biggest tax return possible.
What We Do:
- Personalized Tax Return Filing - Whether you’re a W-2 employee, investor, or business owner, we handle your taxes with expertise.
- Maximized Refunds - We identify every write-off and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you claim every available tax break.
More money in your pocket, less time worrying.
Sales and employment 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 multi-state compliance.
- 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, prevent penalties, and protect your financial future.
If the IRS comes knocking, you don’t have to face them alone. We handle IRS challenges, tax examinations, and government inquiries on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and prove compliance.
- IRS Fine Reduction - We work to reduce or eliminate IRS penalties and charges.
Tax audits can be overwhelming, but we ensure you’re covered and secure a favorable resolution.
Struggling with back taxes or tax debts? 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 avoid further penalties.
- Flexible Payment Arrangements - We negotiate manageable IRS-approved repayment plans.
- Tax Debt Settlement - Reduce what you owe for a fraction of the original amount.
Stop IRS collections, asset seizures, and legal trouble. We fight for the most favorable outcome for you.
Book 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 numbers while you focus on growing your organization.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you stay compliant, make informed decisions, and achieve financial clarity.
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