Online Bookkeeping Services East Flatbush, NY
Your accounting records are the foundation of your business’s success. Proper bookkeeping ensures you’re always prepared for tax season, grant applications, and critical decision-making moments. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
Certified QuickBooks Experts
Managing your financial accounts should not be a stressful task, it should be a bridge to your success. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of accredited and licensed experts work efficiently to ensure your financial records are accurate, structured, and up-to-date.
We know you have plenty to tick off on your to-do list, and stressing over 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 company’s success.
- Certified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Highly Knowledgeable
- Dedicated Customer Care
Whether you are a startup navigating your early stages 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 the right way from the start saves you time, prevents costly mistakes, and ensures you have a clear financial picture. We handle the entire setup process, ensuring your QuickBooks system is configured for accuracy, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to fit your business structure, making it simple to track income, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We link your banking information to QuickBooks, enabling automatic data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to ensure consistency and error-free processing in your books, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to navigate it efficiently for your routine business transactions.
A streamlined, accurate QuickBooks system that makes financial management easier, reduces workload, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many companies fall behind on their financial records. Whether you're several months 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.
What We Offer:
- Review & Correct Past Transactions - We identify and fix unintentional duplicates, incorrect categorizations, and overlooked expenses to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, synchronizing QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We correct errors in your balance sheet and P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We track pending payments and expenses, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your records are aligned with regulations, fully balanced, and prepared for investors, lenders, or {audits||compliance checks}.
Well-maintained, fully reconciled books offer transparency and position your business for growth.
We will take care of sorting your transactions and categorizing them correctly 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 breeze 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 reconciled. By reconciling your accounts every month, we catch any mismatches early and ensure everything is accurate. This keeps your financial records accurate and prevents any errors.
Struggling with overdue bills, unpaid invoices, or missed bill deadlines? We simplify your incoming and outgoing payments processes, ensuring your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle classification, logging, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, billing, sending statements, reconciling, and reporting.
No more late fees or overdue invoices. Your financial health will be predictable, well-managed, and hassle-free.
We handle all the complex processes 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 regular financial reports. These reports give you a clear insight into your business’s performance.
Every month, we offer a customized consultation to review your financials and give you business insights. Whether it’s cutting unnecessary spending, 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 custom solutions based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Solutions Chinatown, NY and Online Bookkeeping Services Rohnert Park, CA
Our Process
Our bookkeeping services start 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 current bookkeeping practices, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Determine Your Financial Requirements: 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.
Understand Your Goals: We ask questions to better understand your short-term and long-term goals. Do you want to improve cash flow management? Are you preparing for compliance reporting? Do you need ongoing reports for donors?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored to your needs.
Outline Payment Structure: During/after this consultation, we will outline our payment structure, including cost breakdown, billing frequency, and payment methods.
Once we understand your financial structure, we move on to setting up your bookkeeping system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its scalability.
Set Up Your System:
- Chart of Accounts: We create a personalized chart of accounts.
- Bank Linking: We connect your credit cards for automatic transaction imports.
- Invoicing System: We customize invoice templates.
- Record Migration: If applicable, we securely transfer historical financial data.
Software Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle the ongoing bookkeeping processes.
What We Do:
Expense Classification
Financial Reconciliation
Regular Reports
- 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 Business Consultation
Our commitment to your business doesn’t end with monthly reports. We offer ongoing advisory services.
What We Do:
Review Monthly Reports
Review Financial Health
Improvement Suggestions
Ongoing Communication
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your business’s success. Whether you need to make informed decisions, attract investors, or meet regulatory requirements, we deliver accurate, fully compliant financial statements that provide a transparent overview of your organization’s standing.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and profits so you can measure growth, identify trends, and make smarter financial decisions.
- Balance Sheet - A structured breakdown of your resources, debts, and equity, helping you assess your financial health.
- 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 analyze key metrics like profit margins and liquidity ratios to identify strengths and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports tailored for banks, investors, and funding bodies to help you win grants.
Well-prepared financial statements increase trust among investors, minimize uncertainties, and help you steer your business toward success that drive growth.
A strong financial plan is the backbone to long-term success and financial stability. We create customized budgets and forecasts to help you maintain control, mitigate risks, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Data-backed financial plans built around past performance, market standards, and long-term goals.
- Revenue & Expense Forecasting - Data-driven projections that help you prepare for 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 - Regular comparisons between your estimated finances and real-world financial performance to adjust strategies proactively.
Proactive budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to grow with confidence.
Profitability doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow effectively so you can cover expenses, handle payroll, and invest in growth.
How We Help:
- Cash Flow Projections - Immediate and future 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 profitability.
- Emergency Fund Planning - Establish financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Uncontrolled cash flow is one of the leading reasons businesses shut down, our expertise protects your company from this risk.
Payroll mistakes can lead to frustrated staff, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid without errors, punctually, and in complete alignment with government policies.
What We Offer:
- Payroll Processing & Direct Deposits - Reliable handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, retirement plans, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll inspections to catch errors, stay ahead of regulations, and maintain legal standing.
A error-free payroll system ensures employee satisfaction, protects you from legal issues, 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 accurate financial records 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 vulnerabilities, inaccuracies, 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 paperwork preparation, 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.
Maintaining audit preparedness reduces stress, keeps you legally secure, and shields your organization from costly penalties.
Beyond bookkeeping and regulatory adherence, 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.
- Investment Preparation & Funding Strategy - Prepare comprehensive 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 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 key part of your overall finances. Errors in filing or missed deductions can cost you a significant amount. We make sure that you avoid that.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or a freelancer, we file accurate returns to keep you compliant and worry-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 in multiple states? Hiring out-of-state workers? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for quicker refunds and no delays.
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 file your taxes; we proactively develop strategies to minimize 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 are constantly changing, and we ensure you stay ahead.
- Maximizing Deductions - 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.
Proactive tax management means lower costs, higher profits, and less stress during tax season.
Filing your taxes shouldn’t be overwhelming. We make it hassle-free while ensuring you get the maximum refund possible.
What We Do:
- Personalized Tax Return Filing - Whether you’re a W-2 employee, investor, or high-income earner, we handle your taxes with expertise.
- Maximized Refunds - We identify every deduction and credit to minimize your tax liability and increase 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 maximizes your savings.
- Education & Child Tax Credits - 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, reconciliations, and nexus requirements.
- Accurate Payroll Tax Processing - Ensure error-free tax withholdings for staff and freelancers.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- W-2 & 1099 Reporting - We handle W-2s, freelancer tax documents, and payroll tax deductions with precision.
Stay 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, audits, and IRS communications on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS communications and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We recreate your documents and support your claims.
- IRS Fine Reduction - We work to reduce or minimize IRS penalties and interest.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Struggling with back taxes or IRS penalties? We negotiate with the IRS to settle your debts and get you back on track.
What We Do:
- Back Tax Filing & Compliance - File overdue returns 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 burden that comes with managing your financial records? Let us handle the numbers while you focus on making an impact.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you remain tax-compliant, gain financial clarity, and improve transparency.
Take the first step towards financial clarity today. Schedule your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747