Online Bookkeeping Services Draper, UT
Your accounting records are the foundation of your business’s success. Accurate 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 finances should not be a hassle, it should be a bridge to your financial stability. We specialize in helping startups and nonprofits stay financially secure and in line with regulations. Our team of certified and licensed experts work diligently to ensure your books are error-free, organized, and up-to-date.
We know you have much to check off on your agenda, and stressing over finances shouldn’t be one of them. We handle your transactions with accuracy, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Expert Knowledge
- Top Notch Customer Service
Whether you are a new business navigating your first year or a bit down the line with your business, our team of experts 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 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 beginning helps you work efficiently, reduces financial risks, and gives you a transparent financial picture. We manage 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 simple to track earnings, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automatic data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure transaction categorization rules to ensure consistency and error-free processing in your records, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you understand how to navigate it effectively for your ongoing financial operations.
A well-organized, accurate QuickBooks system that simplifies bookkeeping, saves time, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies struggle to keep up with their books. Whether you're several months or even years behind, we specialize in bringing your books up to date to get your financial data back on track, error-free, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We identify and fix unintentional duplicates, 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 fix errors.
- Financial Report Adjustments - We correct discrepancies in your balance sheet and P&L 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 aligned with regulations, fully reconciled, and ready for investors, lenders, or {audits||compliance checks}.
Up-to-date, accurate books give you full visibility into your finances 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 guesswork when it comes to your expenses and revenue. You will get a transparent view of your finances, making tax season a smooth experience 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 discrepancies early and ensure everything is accurate. This keeps your financial records up-to-date and prevents any errors.
Struggling with overdue bills, unpaid invoices, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle coding, logging, bill payment (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage classification and logging deposits, creating and sending invoices, sending statements, reconciling, and reporting.
No more missed payments or overdue invoices. Your cash flow will be steady, well-managed, and hassle-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your Profit & Loss to managing your Balance Sheet, we ensure everything is organized. Stay informed with our monthly 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 reducing costs, improving working capital, or planning for the future, we will work with you to make sure your finances support your objectives.
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 Bookkeeping Services North Kingstown, RI and Virtual Bookkeeping Solutions New Rome, GA
Our Process
Our bookkeeping services begin with an initial assessment. 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 existing accounting systems, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Identify Your Financial Needs: Based on your structure, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is expense tracking or recordkeeping.
Align with Your Goals: 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 stakeholders?
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 cost breakdown, 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 scalability.
Set Up Your System:
- COA Setup: We create a customized chart of accounts.
- Automated Bank Sync: We connect your payment platforms for automatic transaction imports.
- Invoicing System: We customize billing structures.
- Historical Data Transfer: If applicable, we securely transfer historical financial data.
Training and Onboarding: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle 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
Clean-Up/Catch-Up Work
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer continuous support.
What We Do:
Review Financial Reports
Review Financial Health
Make Recommendations
Ongoing Communication
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 business’s success. Whether you need to plan strategically, secure funding, or stay audit-ready, we deliver meticulously prepared, audit-ready financial statements that provide a clear picture of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, outflows, and net income 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 where your money is coming from and how it’s being spent, so you can maintain stability and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We evaluate key metrics like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and grant agencies to help you raise capital.
Accurate financial statements increase trust among investors, strengthen financial security, and help you make data-driven decisions that accelerate expansion.
A well-structured financial plan is the backbone to long-term success and financial stability. We create tailored budgets and forecasts to help you align with your goals, prepare for uncertainties, and make informed financial decisions.
What We Offer:
- Annual & Monthly Budgeting - Structured financial plans based on previous financial data, industry benchmarks, and long-term goals.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring sustainable cash flow.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and current financial performance to keep you on track.
Proactive budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to scale sustainably.
Profitability doesn’t ensure financial stability, steady cash flow is the real key. We help you manage your cash flow effectively so you can stay operational, pay employees, and scale your business.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to strengthen cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, eliminate unnecessary expenses, and increase margins.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the biggest reasons businesses struggle, our expertise ensures yours doesn’t.
Payroll mistakes can lead to unhappy employees, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid accurately, without delays, and in complete alignment with government policies.
What We Offer:
- Payroll Processing & Direct Deposits - Reliable handling of wages, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, 401(k) contributions, and overtime pay.
- Payroll Audits & Compliance Checks - Regular payroll inspections to prevent issues, avoid penalties, and maintain legal standing.
A reliable payroll system ensures employee satisfaction, protects you from legal issues, and ensures compliance.
Audits can be overwhelming, 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 are accurate and compliant.
- Internal Controls Assessment - Identify vulnerabilities, errors, and policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet grantor requirements.
- IRS & Tax Audit Support - Full record-keeping, 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, ensures compliance, and shields your organization from costly penalties.
Beyond bookkeeping and regulatory adherence, we provide expert advice to help you improve earnings, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - 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 attract investors 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 stagnant to thriving.
Our Tax Services
Taxes aren’t just a annual 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 entrepreneur, nonprofit, or self-employed, we file accurate returns to keep you penalty-free 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 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 more savings, fewer headaches, and zero stress.
Lack of strategic 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 handle tax returns; we proactively develop strategies to reduce 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 are constantly changing, and we ensure you remain compliant.
- Maximizing Deductions - We identify deductions often overlooked by companies.
- Industry-Specific Tax Breaks - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Proactive tax management means reduced expenses, 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 biggest tax return possible.
What We Do:
- Personalized Tax Return Filing - Whether you’re a salaried professional, investor, or high-income earner, we handle your taxes with expertise.
- Optimized Tax Savings - We find every deduction and credit to minimize your tax liability and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while minimizing tax impact.
- Property Tax Benefits - From mortgage interest to rental income strategies, 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 payroll tax mistakes can lead to costly fines. We ensure your business remains compliant and penalty-free.
What We Do:
- End-to-End Sales Tax Compliance - We manage state tax filings, reconciliations, and nexus requirements.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for employees and freelancers.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, 1099s, and payroll tax deductions with precision.
Remain IRS-compliant, avoid fines, and keep your business running smoothly.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle IRS challenges, audits, 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 - Lost receipts? We recreate your documents and support your claims.
- Penalty & Interest Negotiation - We work to reduce or eliminate IRS fees and charges.
IRS audits are stressful, but we ensure you’re covered and secure a favorable resolution.
Overwhelmed by unpaid taxes or tax debts? We work on your behalf to settle your debts and get you back on track.
What We Do:
- Past-Due Tax Return Assistance - File overdue returns and regain compliance.
- IRS Installment Plans - We negotiate affordable monthly payment options.
- Tax Debt Settlement - Reduce what you owe for less than the original amount.
Avoid wage garnishments, tax liens, and legal trouble. We secure 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 figures while you focus on growing your organization.
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 experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747