Online Bookkeeping Services East Florence, AL
Your accounting records are the cornerstone of your business’s success. Proper bookkeeping ensures you’re always prepared for tax season, funding opportunities, and important business decision-making. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
QuickBooks-Certified Professionals
Managing your financial accounts should not be a stressful task, it should be a bridge to your growth. We specialize in helping startups and nonprofits stay financially secure and legally aligned. Our team of certified and licensed experts work efficiently to ensure your books are error-free, structured, and up-to-date.
We know you have a lot to check off on your agenda, and stressing over finances shouldn’t be one of them. We handle your finances with precision, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Professional Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Highly Knowledgeable
- 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 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 benefits 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 correctly from the beginning saves you time, prevents costly mistakes, and ensures you have a clear view of your finances. We manage the entire setup process, ensuring your QuickBooks system is set up for precision, efficiency, and sustainable financial management.
What We Offer:
Customized Chart of Accounts - We customize your chart of accounts to fit your organizational needs, making it simple to track revenue, spending, assets, and liabilities with precision.
- 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 financial data, cutting down on repetitive tasks.
- Training & Support - We walk you through your QuickBooks setup, ensuring you understand how to use it efficiently for your daily financial operations.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, saves time, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many businesses fall behind on their books. Whether you're half a year or even years behind, we specialize in clean-up and catch-up bookkeeping to get your financial data back on track, accurate, and tax-compliant.
What We Offer:
- Review & Correct Past Transactions - We detect and correct duplicate entries, incorrect categorizations, 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 resolve errors in your financial statement and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage pending payments and bills, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your records are tax-compliant, fully reconciled, and ready for investors, lenders, or {audits||compliance checks}.
Up-to-date, accurate books provide needed financial clarity 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 confusion when it comes to your expenses 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 financial health.
We will make sure all your banking accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly balanced. 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 mistakes.
Struggling with late payments, outstanding balances, or missed bill deadlines? We simplify your incoming and outgoing payments processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage classification and logging deposits, invoicing, sending statements, verifying records, and reporting.
No more missed payments or outstanding debt. Your financial health will be steady, organized, and stress-free.
We handle all the complex processes 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 clear insight into your business’s performance.
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 support your objectives.
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 Services Goose Creek, SC and Online Bookkeeping Solutions Anniston, AL
Our Process
Our bookkeeping services kick off with an in-depth 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:
Analyze Your Current Financial Health: We will review your current bookkeeping practices, 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 management or financial reporting.
Clarify Your Financial Objectives: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for tax season? Do you need detailed statements 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 service rates, 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 scalability.
Set Up Your System:
- Chart of Accounts: We create a customized chart of accounts.
- Bank Linking: We connect your bank accounts for automatic transaction imports.
- Invoicing System: We customize invoice templates.
- Historical Data Transfer: If applicable, we securely transfer historical financial data.
Software Training: We provide training sessions.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle the bookkeeping operations.
What We Do:
Expense Classification
Financial Reconciliation
Regular Reports
- 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 dedicated assistance.
What We Do:
Review Monthly Reports
Review Financial Health
Strategic Advice
Client Assistance
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the foundation of your business’s success. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver accurate, fully compliant financial statements that provide a transparent overview of your business’s financial position.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, outflows, and net income so you can measure growth, identify trends, and enhance profitability.
- Balance Sheet - A clear overview 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 how it’s being spent, so you can keep finances under control and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to spot areas for growth and financial weaknesses.
- Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and funding bodies to help you raise capital.
Accurate financial statements increase trust among investors, strengthen financial security, and help you steer your business toward success that ensure scalability.
A well-structured financial plan is the key to long-term success and stability. We create tailored budgets and forecasts to help you stay on track, prepare for uncertainties, and make informed financial decisions.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around historical trends, industry benchmarks, and long-term goals.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring steady growth.
- 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 actual financial performance to keep you on track.
Proactive budgeting and forecasting put you in control, prevent cash flow surprises, 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, compensate your team, 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 better vendor payment strategies to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always prepared for growth opportunities.
Poor cash flow management is one of the top reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Errors in payroll can lead to unhappy employees, tax penalties, and compliance issues. We take payroll off your plate, ensuring your team gets paid accurately, without delays, and in full compliance with regulations.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, retirement plans, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to identify mistakes, stay ahead of regulations, and adhere to labor laws.
A error-free payroll system keeps your employees happy, protects you from legal issues, and maintains regulatory adherence.
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.
How We Help:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify financial discrepancies, errors, 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 paperwork preparation, expert guidance, 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 protects your business from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional financial insights to help you increase profitability, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and reduce expenses 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 fundraising, donor engagement, and cost-effective financial management to ensure financial longevity.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t just a annual task, they’re a critical part of your financial well-being. 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 business owner, nonprofit, or self-employed, we file accurate returns to keep you compliant and stress-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 across state lines? Hiring out-of-state workers? We ensure smooth 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.
Poor tax planning costs businesses thousands each year. We help you stay tax-efficient, fully aligned with IRS regulations, 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.
- IRS Regulation Monitoring - IRS rules change often, and we ensure you stay ahead.
- Expense Optimization & Write-Off Strategies - We identify deductions often overlooked by companies.
- Tailored Tax Strategies - Whether you’re in technology, 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.
Filing your taxes shouldn’t be overwhelming. We simplify the process while ensuring you get the biggest tax return possible.
What We Do:
- Tailored Tax Preparation - 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 minimize your tax liability and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From home deductions to capital gains, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, no tax season stress.
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, reporting, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our timely filing services.
- Employee & Contractor Tax Compliance - We handle employee tax forms, 1099s, and payroll tax deductions with accuracy.
Stay compliant, avoid fines, and protect your financial future.
Facing an IRS audit?, you don’t have to face them alone. We handle tax disputes, audits, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and defend your tax filings.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and support your claims.
- IRS Fine Reduction - We negotiate down or eliminate IRS fees and charges.
Tax audits can be overwhelming, 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 reduce what you owe 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.
- 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 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 numbers while you focus on scaling your business.
Our team of financial specialists ensures your finances are always in order, helping you meet regulatory standards, gain financial clarity, and achieve financial clarity.
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