Online Bookkeeping Services East Millcreek, UT
Your accounting records are the backbone of your business’s growth. Accurate bookkeeping ensures you’re always prepared for tax filings, funding opportunities, and critical decision-making moments. 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 burden, it should be a pathway to your success. We specialize in helping startups and nonprofits stay financially secure and compliant. Our team of certified and licensed specialists work diligently to ensure your financial records are error-free, structured, 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 finances with precision, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Industry Experts
- Top Notch Customer Service
Whether you are a startup navigating your early stages or a bit down the line with your business, our team of specialists ensures that your books are always in order. 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 outset saves you time, avoids expensive errors, and provides you with a transparent view of your finances. We handle the entire setup process, ensuring your QuickBooks system is set up for precision, 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 effortless to track earnings, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We configure automated sorting systems to maintain uniformity and error-free processing in your records, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you grasp how to navigate it with confidence 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 organizations find it challenging to maintain their financial records. Whether you're half a year or even multiple years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, properly balanced, and tax-compliant.
What We Offer:
- Review & Correct Past Transactions - We identify and fix repeated transactions, misclassified expenses, and overlooked expenses to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, balancing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve mistakes in your balance sheet 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 business finances.
- Audit-Ready Books - We ensure your financial records are aligned with regulations, fully balanced, and prepared for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, fully reconciled books offer transparency and help you make informed decisions.
We will take care of sorting your transactions and categorizing them accurately for your financial statements. This means no more confusion when it comes to your spending and income. You will get a transparent view of your finances, making tax season a stress-free process 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 balanced. By reconciling your accounts every month, we catch any discrepancies early and ensure everything aligns. This keeps your financial records up-to-date and prevents any errors.
Struggling with late payments, unpaid invoices, 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 classification, logging, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and logging deposits, billing, sending statements, reconciling, and reporting.
No more late fees or overdue invoices. Your cash flow will be consistent, 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 Financial Position, we ensure everything is organized. Stay informed with our regular financial reports. These reports give you a clear picture into your business’s profitability.
Every month, we offer a personalized consultation to review your financials and give you strategic advice. Whether it’s reducing costs, 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 personalized packages based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Services West Chili, NY and Virtual Bookkeeping Solutions South Ozone Park, NY
Our Process
Our bookkeeping services begin with an initial assessment. During this phase, we take the time to 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 management or recordkeeping.
Clarify Your Financial Objectives: 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 detailed statements for investors?
Tailored Strategy: 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 business’s needs, we move on to establishing your bookkeeping system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its security.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a personalized chart of accounts.
- Automated Bank Sync: We connect your bank accounts for real-time updates.
- Invoice and Payment Setup: We customize invoice templates.
- Historical Data Transfer: If applicable, we securely migrate historical financial data.
User Training: We provide training sessions.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the ongoing bookkeeping processes.
What We Do:
Transaction Categorization
Monthly Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Financial Clean-Up
Monthly Business Consultation
Our commitment to your business doesn’t end with monthly reports. We offer ongoing advisory services.
What We Do:
Review Financial Reports
Review Financial Health
Strategic Advice
Ongoing Communication
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the foundation of your company’s growth. Whether you need to plan strategically, secure funding, or meet regulatory requirements, we deliver accurate, 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 detailed breakdown of your earnings, expenses, and profits so you can measure growth, recognize opportunities, and enhance profitability.
- Balance Sheet - A structured breakdown of your resources, debts, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly your revenue sources and how it’s being spent, 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 identify strengths and potential risks.
- Investor & Grant Reporting - Professionally prepared reports designed for banks, investors, and grant agencies to help you secure funding.
Reliable financial statements increase trust among investors, minimize uncertainties, and help you make data-driven decisions that drive growth.
A well-structured financial plan is the backbone to business growth and stability. We create tailored budgets and forecasts to help you stay on track, anticipate challenges, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, industry benchmarks, and long-term goals.
- Revenue & Expense Forecasting - Insightful projections that help you anticipate 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 - Systematic comparisons between your financial projections and actual financial performance to keep you on track.
Effective budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to achieve financial stability.
Generating revenue doesn’t ensure financial stability, steady cash flow is the real key. We help you take control of your cash flow proactively so you can cover expenses, pay employees, and invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, eliminate unnecessary expenses, and maximize financial efficiency.
- Emergency Fund Planning - Build financial reserves to shield your company from unforeseen challenges.
- 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 leading reasons businesses shut down, our expertise ensures yours doesn’t.
Errors in payroll can lead to unhappy employees, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid without errors, on time, and in complete alignment with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of health benefits, retirement plans, and extra hours compensation.
- Payroll Audits & Compliance Checks - Routine payroll evaluations to identify mistakes, avoid penalties, and maintain legal standing.
A reliable 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.
How We Help:
- 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 nonprofits to stay grant-compliant and meet funding guidelines.
- IRS & Tax Audit Support - Full paperwork preparation, expert guidance, and legal adherence if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We review your records to spot potential red flags before an audit begins.
Being proactive with audits minimizes anxiety, keeps you legally secure, and shields your organization from costly penalties.
Beyond financial tracking and regulatory adherence, we provide expert financial insights to help you increase profitability, get financing, and make smarter business decisions.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to increase income and cut unnecessary costs for a stronger bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to minimize liabilities and increase savings.
- Funding & Investor Readiness - Prepare professional 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 efficient budgeting to ensure financial longevity.
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 key 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 entrepreneur, nonprofit, or a freelancer, we file accurate returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - We uncover all eligible deductions you’re entitled to, so you retain 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 submitted electronically for faster processing and peace of mind.
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 compliant, and strategically structured to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just file your taxes; we proactively develop strategies to minimize your tax burden.
- Choosing the Right Business Structure - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you select the best structure to maximize tax efficiency.
- Up-to-Date Compliance - IRS rules are constantly changing, and we ensure you remain compliant.
- Expense Optimization & Write-Off Strategies - We find 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.
Smart tax planning means reduced expenses, higher profits, 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 W-2 employee, investor, or high-income earner, we handle your taxes with expertise.
- Optimized Tax Savings - We find 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 keeping taxes low.
- Property Tax Benefits - From mortgage interest to capital gains, we ensure real estate works in your favor.
- Education & Child Tax Credits - Got kids? We ensure you claim 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 multi-state compliance.
- Payroll Tax Management - Ensure error-free tax withholdings for employees and freelancers.
- 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.
Stay compliant, prevent penalties, 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 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 rebuild your documents and prove compliance.
- IRS Fine Reduction - We work to reduce or minimize IRS fees and interest.
Tax audits can be overwhelming, but we ensure you’re covered and get the best possible outcome.
Overwhelmed by unpaid taxes or IRS penalties? We negotiate with the IRS to reduce what you owe and get you back on track.
What We Do:
- Back Tax Filing & Compliance - Get caught up and regain compliance.
- Flexible Payment Arrangements - We secure manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Avoid wage garnishments, asset seizures, 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 stress that comes with managing your financial records? Let us handle the figures while you focus on growing your organization.
Our team of financial specialists ensures your finances are always in order, helping you remain tax-compliant, gain financial clarity, and achieve financial clarity.
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