Virtual Bookkeeping Services Ellisville, IN
Your accounting records are the cornerstone of your business’s prosperity. Proper bookkeeping ensures you’re always prepared for tax season, investment 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 accounts should not be a stressful task, it should be a stepping stone to your growth. We specialize in helping startups and NGOs stay financially secure and in line with regulations. Our team of certified and licensed experts work efficiently to ensure your books are precise, structured, and up-to-date.
We know you have much to tick off on your agenda, and worrying about finances shouldn’t be one of them. We handle your finances with accuracy, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Expert Knowledge
- 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 experts 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 the right way from the outset saves you time, reduces financial risks, and provides you with a clear view of your finances. We handle 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 tailor your chart of accounts to match your company’s setup, making it easy to track revenue, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automated 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 records, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you understand how to navigate it with confidence for your routine financial operations.
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 struggle to keep up with their financial records. Whether you're several months or even multiple years behind, we specialize in clean-up and catch-up bookkeeping to get your financial data back on track, error-free, and tax-compliant.
What We Offer:
- Review & Correct Past Transactions - We detect and correct repeated transactions, incorrect categorizations, and overlooked expenses to ensure financial integrity.
- Bank & Credit Card Reconciliation - We reconcile your accounts, synchronizing QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We fix errors in your balance sheet and profit & loss statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We organize pending payments and expenses, helping you regain control over your business finances.
- Audit-Ready Books - We ensure your records are aligned with regulations, fully balanced, and prepared for investors, banks, or {audits||compliance checks}.
Well-maintained, accurate books offer transparency and help you make informed decisions.
We will take care of organizing your transactions and categorizing them correctly for your financial statements. This means no more guesswork when it comes to your spending 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 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 aligns. This keeps your financial records up-to-date and prevents any mistakes.
Struggling with overdue bills, unpaid invoices, or missed bill deadlines? We streamline your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
What We Offer:
- Accounts Payable Services - We handle coding, recording, bill payment (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and recording incoming payments, invoicing, sending statements, reconciling, and reporting.
No more late fees or overdue invoices. Your cash flow will be steady, organized, and stress-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 regular financial reports. These reports give you a clear picture into your business’s performance.
Every month, we offer a customized consultation to review your financials and give you business insights. Whether it’s reducing costs, improving cash flow, 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 unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Solutions Pleasant Prairie, WI and Virtual Bookkeeping Solutions Stephenville, TX
Our Process
Our bookkeeping services start with an initial assessment. 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 structure, industry, and growth stage, we will identify the critical aspects 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 filings? Do you need regular financial reports for donors?
Customization: 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 cost breakdown, billing frequency, and payment methods.
Once we understand your financial structure, we move on to configuring your financial system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a tailored chart of accounts.
- Bank Linking: We connect your bank accounts for seamless reconciliation.
- Invoice and Payment Setup: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the bookkeeping operations.
What We Do:
Transaction Categorization
Monthly Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable 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 ongoing advisory services.
What We Do:
Review Monthly Reports
Review Financial Health
Improvement Suggestions
Dedicated Support
Tax Compliance Updates
Troubleshooting
Scaling Support
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 make informed decisions, secure funding, or stay audit-ready, we deliver meticulously prepared, fully compliant financial statements that provide a transparent overview of your company’s health.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, expenses, and net income so you can measure growth, recognize opportunities, and enhance profitability.
- Balance Sheet - A clear overview of your resources, debts, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can maintain stability and prevent financial gaps.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Professionally prepared reports tailored for banks, investors, and funding bodies to help you win grants.
Well-prepared financial statements enhance credibility among investors, strengthen financial security, and help you make data-driven decisions that ensure scalability.
A solid financial plan is the key to long-term success and stability. We create tailored budgets and forecasts to help you maintain control, mitigate risks, and make informed financial decisions.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around historical trends, market standards, 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 expected-case financial models to equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and current financial performance to keep you on track.
Strategic budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to achieve financial stability.
Generating revenue doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can cover expenses, compensate your team, and invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, cut non-essential costs, and increase margins.
- Emergency Fund Planning - Build financial reserves to create a safety net from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always positioned for scaling.
Poor cash flow management is one of the biggest reasons businesses shut down, our expertise keeps you ahead of financial challenges.
Errors in payroll can lead to dissatisfied workers, tax penalties, and compliance issues. We manage your payroll, ensuring your team gets paid correctly, without delays, and in complete alignment with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Reliable handling of salaries, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Precise tax withholding to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to identify mistakes, avoid penalties, and adhere to labor laws.
A error-free payroll system ensures employee satisfaction, 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 accurate financial records 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 policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to track restricted funds and meet grantor requirements.
- IRS & Tax Audit Support - Full record-keeping, 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.
Staying audit-ready minimizes anxiety, ensures compliance, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide expert financial insights to help you improve earnings, get financing, and enhance decision-making.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to boost revenue 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 increase savings.
- Funding & Investor Readiness - Prepare professional financial reports and presentations to attract investors or secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and cost-effective financial management to ensure long-term stability.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a key part of your overall finances. Filing mistakes or missed deductions can cost you a significant amount. We make sure that doesn’t happen.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a business owner, nonprofit, or a freelancer, we file precise returns to keep you penalty-free and worry-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 in multiple states? Hiring out-of-state workers? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for quicker refunds and peace of mind.
Taxes done correctly mean more savings, fewer headaches, and zero stress.
Poor tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully compliant, and properly set up to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; 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 pick the best structure to maximize tax efficiency.
- Up-to-Date Compliance - IRS rules change often, and we ensure you remain compliant.
- Maximizing Deductions - We find deductions often overlooked by companies.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means lower costs, higher profits, and less stress during tax season.
Tax preparation 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 salaried professional, investor, or business owner, we handle your taxes with precision.
- Maximized Refunds - We find every write-off and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From mortgage interest to rental income strategies, we ensure real estate works in your favor.
- Family Tax Benefits - 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 state tax filings, reporting, and multi-state compliance.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and freelancers.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, 1099s, and payroll tax deductions with precision.
Remain IRS-compliant, prevent penalties, and protect your financial future.
If the IRS comes knocking, you don’t have to face them alone. We handle tax disputes, audits, and IRS communications on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We rebuild your documents and prove compliance.
- Penalty & Interest Negotiation - We negotiate down or minimize IRS penalties 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 work on your behalf to settle your debts and get you back on track.
What We Do:
- Back Tax Filing & Compliance - Get caught up and regain compliance.
- IRS Installment Plans - We secure affordable monthly payment options.
- Tax Debt Settlement - Settle your tax debt for less than the original amount.
Stop IRS collections, asset seizures, and financial stress. We secure the best possible resolution 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 figures while you focus on growing your organization.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, gain financial clarity, and achieve financial clarity.
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