Online Bookkeeping Services Eagan, MN
Your accounting records are the cornerstone of your business’s prosperity. 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 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 accredited and licensed specialists 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 finances with precision, giving you the clarity and peace of mind to focus on what truly counts, your organization’s growth.
- Professional Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Highly Knowledgeable
- 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 specialists 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, prevents costly mistakes, and ensures you have a transparent financial picture. We take care of the entire setup process, ensuring your QuickBooks system is configured for precision, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We customize your chart of accounts to fit your organizational needs, making it easy to track earnings, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated transaction imports and real-time financial tracking.
- Smart Categorization Rules - We configure transaction categorization rules to ensure consistency and error-free processing in your financial records, cutting down on repetitive tasks.
- Training & Support - We guide you through your QuickBooks setup, ensuring you understand how to use it with confidence for your ongoing financial operations.
A streamlined, 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 companies 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 audit-ready.
What We Offer:
- Review & Correct Past Transactions - We identify and fix unintentional duplicates, misclassified expenses, 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 fix discrepancies in your balance sheet and P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We track outstanding invoices and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial statements are aligned with regulations, fully balanced, and prepared for investors, banks, or {audits||compliance checks}.
Up-to-date, fully reconciled books give you full visibility into your finances and position your business for growth.
We will take care of organizing your transactions and categorizing them correctly for your financial statements. This means no more guesswork when it comes to your expenses and earnings. 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 profitability.
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 mismatches early and ensure everything aligns. This keeps your financial records up-to-date and prevents any oversights.
Struggling with delayed transactions, outstanding balances, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, bill payment (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and posting cash receipts, billing, sending statements, verifying records, and reporting.
No more late fees or outstanding debt. Your financial health will be steady, well-managed, 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 organized. Stay informed with our detailed reports. These reports give you a comprehensive view into your business’s financial health.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s optimizing expenses, 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 Bookkeeping Solutions Perth Amboy, NJ and Online Bookkeeping Services Wilson, NC
Our Process
Our bookkeeping services start with an initial assessment. During this phase, we take the time to understand the unique needs and goals of your business. We recognize that every business has its own set of financial requirements and objectives.
What We Do:
Assess Your Current Financial Situation: We will review your financial processes, 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 key areas where bookkeeping support is needed, whether it is expense tracking or recordkeeping.
Understand 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 ongoing reports for stakeholders?
Tailored Strategy: 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 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 user-friendly interface.
Set Up Your System:
- Chart of Accounts: We create a tailored chart of accounts.
- Bank Account Integration: We connect your bank accounts for automatic transaction imports.
- Invoicing System: We customize invoice templates.
- Historical Data Transfer: If applicable, we securely migrate historical financial data.
Software Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the day-to-day bookkeeping tasks.
What We Do:
Transaction Categorization
Monthly Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Clean-Up/Catch-Up Work
Monthly Business Consultation
Our commitment to your business doesn’t end with monthly reports. We offer continuous support.
What We Do:
Review Monthly Reports
Monitor Financial Performance
Strategic Advice
Client Assistance
Tax Compliance Updates
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. 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 company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and net income so you can measure growth, recognize opportunities, and make smarter financial decisions.
- Balance Sheet - A structured breakdown of your resources, liabilities, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly where your money is coming from and your expense distribution, so you can keep finances under control 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 red flags.
- Investor & Grant Reporting - Meticulously structured reports designed for banks, investors, and philanthropic organizations to help you secure funding.
Reliable financial statements build confidence among investors, strengthen financial security, and help you steer your business toward success that drive growth.
A solid financial plan is the key to business growth and financial stability. We create tailored budgets and forecasts to help you stay on track, prepare for uncertainties, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Structured financial plans built around past performance, market standards, and long-term vision.
- Revenue & Expense Forecasting - Insightful 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 equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your estimated finances and current financial performance to keep you on track.
Strategic budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.
Profitability doesn’t ensure 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 invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and maintain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to enhance cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Establish financial reserves to create a safety net from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always prepared for growth opportunities.
Poor cash flow management is one of the top reasons businesses fail, our expertise protects your company from this risk.
Errors in payroll can lead to dissatisfied workers, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid correctly, punctually, and in complete alignment with legal requirements.
How We Help:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Accurate tax withholding to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including W-2s, contractor tax documents, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of health benefits, retirement plans, and labor law requirements.
- Payroll Audits & Compliance Checks - Routine payroll inspections to identify mistakes, avoid penalties, and ensure compliance.
A error-free payroll system keeps your employees happy, safeguards your business, and maintains regulatory adherence.
Audits can be nerve-wracking, 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 meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, errors, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for NGOs to track restricted funds and meet reporting standards.
- IRS & Tax Audit Support - Full record-keeping, representation, and IRS communication support 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 minimizes anxiety, keeps you legally secure, and protects your business from costly penalties.
Beyond financial tracking and compliance, we provide professional financial insights to help you increase profitability, get financing, and make smarter business decisions.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs 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 grant funding, donor engagement, and cost-effective financial management to ensure financial longevity.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a critical part of your financial well-being. Filing mistakes or missed deductions can cost you thousands. 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 stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you keep more of your profits.
- Multi-State & Remote Worker Compliance - Doing business across state lines? 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 more savings, fewer headaches, and complete peace of mind.
Lack of strategic tax planning costs businesses thousands 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 develop strategies to reduce your tax burden.
- Business Entity Selection - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you pick the best structure to maximize tax efficiency.
- Up-to-Date Compliance - IRS rules change often, and we ensure you stay ahead.
- Expense Optimization & Write-Off Strategies - We identify deductions most businesses miss.
- 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 less stress during tax season.
Filing your taxes shouldn’t be stressful. 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 high-income earner, we handle your taxes with precision.
- Optimized Tax Savings - We identify every deduction and credit to reduce what you owe and increase your refund.
- 401(k), IRA & Investment Tax Strategies - We help you build wealth while minimizing tax impact.
- Property Tax Benefits - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you maximize every eligible 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 sales tax collection, reporting, and nexus requirements.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for staff and contractors.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, 1099s, 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 government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS communications and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and support your claims.
- Penalty & Interest Negotiation - We negotiate down or eliminate 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 tax debts? We negotiate with the IRS to settle your debts and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - File overdue returns and regain compliance.
- IRS Installment Plans - We negotiate manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Stop IRS collections, asset seizures, and legal trouble. We fight for the best possible resolution for you.
Start Your Journey Today
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the burden that comes with managing your financial records? Let us handle the books while you focus on making an impact.
Our team of professional bookkeepers 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 experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747