Virtual Bookkeeping Services Edison, NJ
Your accounting records are the cornerstone of your business’s success. Proper bookkeeping ensures you’re always prepared for tax season, funding opportunities, 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 records should not be a hassle, it should be a bridge to your growth. We specialize in helping startups and NGOs stay financially secure and legally aligned. Our team of certified and licensed specialists work seamlessly to ensure your books are precise, organized, and up-to-date.
We know you have much to check off on your daily tasks, and stressing over finances shouldn’t be one of them. We handle your financial records with care, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- 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 specialists 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 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 outset helps you work efficiently, reduces financial risks, and gives you a transparent financial picture. We take care of the entire setup process, ensuring your QuickBooks system is configured for error-free operation, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We customize your chart of accounts to fit your business structure, making it effortless to track revenue, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to ensure consistency and accuracy in your books, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you fully comprehend how to navigate it with confidence for your daily business transactions.
A streamlined, accurate QuickBooks system that makes financial management easier, reduces workload, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies struggle to keep up with their books. Whether you're a few months or even multiple years behind, we specialize in clean-up and catch-up bookkeeping to get your financial accounts back on track, properly balanced, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, incorrect categorizations, and overlooked expenses to ensure error-free records.
- Bank & Credit Card Reconciliation - We match your accounts, synchronizing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We fix errors in your financial statement and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending payments and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are aligned with regulations, fully reconciled, and ready for investors, financial institutions, or {audits||compliance checks}.
Well-maintained, accurate books provide needed financial clarity and help you make informed decisions.
We will take care of sorting your transactions and categorizing them properly for your financial statements. This means no more inconsistencies when it comes to your expenses and earnings. 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 reconciled. By reconciling your accounts every month, we catch any mismatches early and ensure everything is accurate. This keeps your financial records up-to-date and prevents any errors.
Struggling with late payments, outstanding balances, 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 categorization, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage classification and logging deposits, invoicing, sending statements, matching transactions, and reporting.
No more missed payments or overdue invoices. Your cash flow 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 up-to-date. Stay informed with our detailed reports. These reports give you a comprehensive view into your business’s performance.
Every month, we offer a tailored consultation to review your financials and give you strategic advice. Whether it’s reducing costs, 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 additional services based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Solutions Braintree, MA and Virtual Bookkeepers In Ceres, CA
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.
Identify Your Financial Needs: Based on your structure, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is cost 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 regular financial reports for board members?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored to your needs.
Discuss Payment Terms: 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 establishing your bookkeeping 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 personalized chart of accounts.
- Bank Linking: We connect your payment platforms for seamless reconciliation.
- Invoice and Payment Setup: We customize payment options.
- Historical Data Transfer: If applicable, we securely transfer historical financial data.
Training and Onboarding: 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:
Expense Classification
Monthly Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Financial Clean-Up
Monthly Strategy Sessions
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
Client Assistance
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, they are the backbone of your company’s growth. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver precise, fully compliant 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, outflows, and net income so you can track performance, spot patterns, and make smarter financial decisions.
- Balance Sheet - A concise overview of your assets, liabilities, 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 evaluate key indicators like profit margins and liquidity ratios to spot areas for growth and financial weaknesses.
- Investor & Grant Reporting - Professionally prepared reports designed for financial institutions, investors, and philanthropic organizations to help you secure funding.
Well-prepared financial statements build confidence among investors, minimize uncertainties, and help you make data-driven decisions that accelerate expansion.
A solid financial plan is the backbone to business growth and stability. We create tailored budgets and forecasts to help you align with your goals, prepare for uncertainties, and steer your business with confidence.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around historical trends, market standards, and long-term vision.
- Revenue & Expense Forecasting - Insightful projections that help you anticipate future financial needs, ensuring steady growth.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to enhance financial resilience.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and real-world financial performance to keep you on track.
Proactive budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to scale sustainably.
Generating revenue doesn’t guarantee financial stability, steady cash flow is the real key. We help you manage your cash flow proactively so you can cover expenses, pay employees, and invest in growth.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase margins.
- Emergency Fund Planning - Establish financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the top reasons businesses fail, our expertise protects your company from this risk.
Payroll mismanagement can lead to frustrated staff, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid correctly, without delays, and in full compliance with legal requirements.
What We Do:
- Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Precise tax calculations to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Routine payroll evaluations to catch errors, avoid penalties, and adhere to labor laws.
A error-free payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.
Audits can be overwhelming, 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 Do:
- Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to stay grant-compliant and meet grantor requirements.
- IRS & Tax Audit Support - Full documentation, representation, and legal adherence if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Staying audit-ready reduces stress, keeps you legally secure, and protects your business from costly penalties.
Beyond bookkeeping and compliance, we provide professional financial insights to help you increase profitability, secure funding, and make smarter business decisions.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income 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 professional financial reports and presentations to gain investor interest or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure long-term stability.
The right financial strategy can take your business from surviving to thriving.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a key 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 accurate returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you retain 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 correctly mean bigger tax refunds, fewer headaches, and zero stress.
Poor tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully aligned with IRS regulations, and strategically structured to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; we proactively develop strategies to minimize your tax burden.
- Business Entity Selection - 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.
- Maximizing Deductions - We find deductions most businesses miss.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Proactive tax management means reduced expenses, better financial outcomes, and less stress during tax season.
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 precision.
- Maximized Refunds - We identify every deduction and credit to minimize your tax liability and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while keeping taxes low.
- Property Tax Benefits - From mortgage interest to capital gains, 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:
- Sales Tax Registration & Filing - We manage state tax filings, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure correct tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our timely filing services.
- W-2 & 1099 Reporting - We handle W-2s, 1099s, and payroll tax deductions with precision.
Remain IRS-compliant, prevent penalties, and keep your business running smoothly.
If the IRS comes knocking, you don’t have to face them alone. We handle IRS challenges, tax examinations, and government inquiries on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS communications and defend your tax filings.
- Financial Document Reconstruction - Lost receipts? We recreate your documents and support your claims.
- IRS Fine Reduction - We negotiate down or minimize IRS fees and interest.
IRS audits are stressful, but we ensure you’re covered and secure a favorable resolution.
Struggling with back taxes or tax debts? We work on your behalf to settle your debts and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - Get caught up and avoid further penalties.
- 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 most favorable outcome for you.
Start Your Journey Today
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the stress that comes with managing your financial records? Let us handle the numbers while you focus on making an impact.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, optimize your resources, 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