Online Bookkeeping Services East Glastonbury, CT
Your financial records are the backbone of your business’s prosperity. Accurate bookkeeping ensures you’re always prepared for tax filings, grant applications, 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 hassle, it should be a bridge to your financial stability. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of certified and licensed specialists work diligently to ensure your books are precise, structured, and up-to-date.
We know you have a lot to check off on your daily tasks, and stressing over finances shouldn’t be one of them. We handle your transactions with precision, giving you the clarity and confidence to focus on what truly counts, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Industry Experts
- Top Notch Customer Service
Whether you are a startup navigating your initial phase or a bit down the line with your business, our team of professionals 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 impact 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 beginning saves you time, prevents costly mistakes, 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 customize your chart of accounts to align with your organizational needs, making it effortless to track income, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automated transaction imports and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to maintain consistency 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 navigate it efficiently for your daily business transactions.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, improves productivity, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many organizations find it challenging to maintain their books. Whether you're several months or even multiple years behind, we specialize in bringing your books up to date to get your financial accounts back on track, accurate, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We detect and correct duplicate entries, misclassified expenses, and missing transactions to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, aligning QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We correct mistakes in your financial statement and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage pending payments and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your financial 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 organizing your transactions and categorizing them correctly for your financial statements. This means no more inconsistencies when it comes to your expenses and income. 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 financial accounts, including credit card accounts like PayPal, Amazon, Stripe, Square, and Shopify are properly balanced. By reconciling your accounts every month, we catch any errors early and ensure everything is accurate. This keeps your financial records error-free and prevents any mistakes.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring you maintain financial stability.
How We Help:
- Accounts Payable Services - We handle classification, posting, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and posting cash receipts, creating and sending invoices, sending statements, verifying records, 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 Income Statement 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 performance.
Every month, we offer a customized consultation to review your financials and give you growth recommendations. Whether it’s optimizing expenses, improving cash flow, or planning for the future, we will work with you to make sure your finances align with your goals.
Can't find a service you need? We offer personalized packages based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeepers In Belvidere, IL and Virtual Bookkeeping Services Brookhaven, GA
Our Process
Our bookkeeping services start with an initial assessment. During this phase, we thoroughly 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 existing accounting systems, software, and financial records (if available). This helps us understand any existing gaps in your system.
Determine Your Financial Requirements: 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 financial reporting.
Align with Your Goals: We ask questions to better understand your immediate and future objectives. Do you want to improve cash flow management? Are you preparing for tax season? Do you need ongoing reports for investors?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.
Discuss Payment Terms: 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 Cloud-Based Software: We use QuickBooks Online, known for its scalability.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a tailored chart of accounts.
- Bank Linking: We connect your payment platforms for seamless reconciliation.
- Invoicing System: We customize billing structures.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: 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:
Expense Classification
Financial Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Clean-Up/Catch-Up Work
Monthly Business Consultation
Our commitment to your business doesn’t end with monthly reports. We offer dedicated assistance.
What We Do:
Review Monthly Reports
Monitor Financial Performance
Make Recommendations
Dedicated Support
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the foundation of your business’s success. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver meticulously prepared, audit-ready financial statements that provide a transparent overview of your organization’s standing.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and net income so you can track performance, recognize opportunities, and adjust strategies.
- Balance Sheet - A structured breakdown of your resources, debts, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly where your money is coming from and where it’s going, so you can maintain stability and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Meticulously structured reports customized for banks, investors, and grant agencies to help you secure funding.
Reliable financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that accelerate expansion.
A solid financial plan is the key to long-term success and financial stability. We create customized budgets and forecasts to help you stay on track, mitigate risks, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Structured financial plans built around historical trends, market standards, and long-term goals.
- Revenue & Expense Forecasting - Insightful projections that help you anticipate 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 - Regular comparisons between your financial projections and actual financial performance to keep you on track.
Strategic budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to grow with confidence.
Generating revenue doesn’t guarantee financial stability, steady cash flow is the real key. We help you manage your cash flow effectively so you can stay operational, compensate your team, and scale your business.
What We Offer:
- Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and better vendor payment strategies to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and maximize financial efficiency.
- Emergency Fund Planning - Build financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the leading reasons businesses fail, our expertise protects your company from this risk.
Payroll mismanagement can lead to frustrated staff, tax penalties, and compliance issues. We take payroll off your plate, ensuring your team gets paid accurately, without delays, and in complete alignment with government policies.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of salaries, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Accurate 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 - Proper management of medical coverage, retirement plans, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to prevent issues, stay ahead of regulations, and ensure compliance.
A reliable payroll system keeps your employees happy, shields you from lawsuits, and keeps you in good standing with labor laws.
Audits can be nerve-wracking, but they don’t have to be. We help you stay audit-ready year-round with error-free books and full compliance with regulations.
What We Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports meet audit requirements.
- Internal Controls Assessment - Identify fraud risks, errors, and policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to stay grant-compliant and meet funding guidelines.
- IRS & Tax Audit Support - Full paperwork preparation, 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.
Maintaining audit preparedness eliminates last-minute panic, keeps you legally secure, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide expert financial insights to help you increase profitability, secure funding, and enhance decision-making.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to increase income 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.
- Investment Preparation & Funding Strategy - Prepare professional 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 long-term stability.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a key part of your financial well-being. Errors in filing 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 a freelancer, we file precise returns to keep you compliant and stress-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you keep more of your hard-earned money.
- 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 filed online for quicker refunds and no delays.
Taxes done right mean bigger tax refunds, 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 properly set up to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just file your taxes; we proactively plan ways 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 find deductions often overlooked by companies.
- 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 reduced expenses, higher profits, and fewer IRS concerns.
Filing your taxes shouldn’t be stressful. 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 business owner, we handle your taxes with expertise.
- Maximized Refunds - We identify every deduction and credit to minimize your tax liability and increase your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while minimizing tax impact.
- Homeowner & Real Estate Tax Optimization - From home deductions to capital gains, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, no tax season stress.
Sales and payroll tax mistakes can lead to hefty penalties. 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 employees and freelancers.
- Scheduled Tax Filings - Stay ahead of deadlines with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
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 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 rebuild your documents and prove compliance.
- Penalty & Interest Negotiation - We negotiate down or eliminate IRS fees and charges.
IRS audits are stressful, but we ensure you’re covered and get the best possible outcome.
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:
- Past-Due Tax Return Assistance - File overdue returns and avoid further penalties.
- IRS Installment Plans - We negotiate affordable IRS-approved repayment plans.
- Tax Debt Settlement - Reduce what you owe for less than the original amount.
Avoid wage garnishments, tax liens, and financial stress. We secure the best possible resolution for you.
Book Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the burden that comes with managing your financial records? Let us handle the figures while you focus on making an impact.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, gain financial clarity, and improve transparency.
Take the first step towards financial peace today. Schedule your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747