Online Bookkeeping Services Franklin, TN
Your financial data are the foundation of your business’s growth. Proper bookkeeping ensures you’re always prepared for tax filings, investment opportunities, and critical decision-making moments. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
QuickBooks-Certified Professionals
Managing your financial records 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 in line with regulations. Our team of certified and licensed experts work efficiently to ensure your books are precise, organized, 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 finances with care, giving you the clarity and peace of mind to focus on what truly matters most, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Industry Experts
- Exceptional Client Support
Whether you are a new business navigating your early stages 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 start saves you time, prevents costly mistakes, and provides you with a accurate view of your finances. We handle the entire setup process, ensuring your QuickBooks system is configured for accuracy, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to fit your company’s setup, making it easy to track earnings, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated data synchronization and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to maintain consistency and accuracy in your financial data, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you grasp how to use it effectively for your routine business transactions.
A well-organized, error-free QuickBooks system that makes financial management easier, saves time, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many organizations fall behind on their financial records. Whether you're several months or even years behind, we specialize in bringing your books up to date to get your records back on track, accurate, and tax-compliant.
What We Offer:
- Review & Correct Past Transactions - We detect and correct duplicate entries, misclassified expenses, and overlooked expenses to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, synchronizing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We correct errors in your financial statement and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage outstanding invoices and bills, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully reconciled, and ready for investors, financial institutions, or {audits||compliance checks}.
Well-maintained, accurate books give you full visibility into your finances and set you up for future success.
We will take care of organizing your transactions and categorizing them accurately for your financial statements. This means no more confusion when it comes to your expenses and income. You will get a clear view of your finances, making tax season a smooth experience and giving you the insights you need to understand your business’s performance.
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 is accurate. 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 your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle categorization, recording, bill payment (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage classification and logging deposits, invoicing, sending statements, matching transactions, and reporting.
No more late fees or outstanding debt. Your cash flow will be predictable, organized, and hassle-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your P&L to managing your Statement of Financial Position, we ensure everything is organized. Stay informed with our monthly financial reports. These reports give you a comprehensive view into your business’s financial health.
Every month, we offer a tailored consultation to review your financials and give you business insights. Whether it’s optimizing expenses, improving liquidity, 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 Bookkeeping Solutions West Asheville, NC and Virtual Bookkeeping Solutions Plainfield, NJ
Our Process
Our bookkeeping services start with an initial assessment. During this phase, we carefully 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 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 structure, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is expense management or financial analysis.
Align with Your Goals: We ask questions to better understand your business aspirations. Do you want to improve cash flow management? Are you preparing for tax season? Do you need regular financial reports 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 service rates, billing frequency, and payment methods.
Once we understand your business requirements, we move on to establishing your bookkeeping system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its scalability.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a personalized chart of accounts.
- Bank Account Integration: We connect your bank accounts for seamless reconciliation.
- Invoice and Payment Setup: We customize payment options.
- Data Migration: If applicable, we securely transfer historical financial data.
User Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the bookkeeping operations.
What We Do:
Transaction Categorization
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Management
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
Strategic Advice
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 foundation of your company’s growth. Whether you need to plan strategically, attract investors, or ensure compliance, we deliver accurate, fully compliant financial statements that provide a clear picture of your organization’s standing.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and net income so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A concise overview of your assets, 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 avoid cash shortages.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports customized for banks, investors, and philanthropic organizations to help you secure funding.
Well-prepared financial statements increase trust among investors, reduce financial risk, and help you make data-driven decisions that drive growth.
A solid financial plan is the key to long-term success and financial stability. We create tailored budgets and forecasts to help you stay on track, prepare for uncertainties, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around past performance, market standards, and long-term vision.
- Revenue & Expense Forecasting - Comprehensive 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 equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your estimated finances and current financial performance to adjust strategies proactively.
Strategic budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to grow with confidence.
Profitability doesn’t ensure financial stability, cash flow does. We help you take control of your cash flow effectively so you can stay operational, pay employees, and scale your business.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security 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, eliminate unnecessary expenses, and maximize financial efficiency.
- Emergency Fund Planning - Establish financial reserves to create a safety net from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.
Uncontrolled cash flow is one of the biggest reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to unhappy employees, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid without errors, punctually, and in complete alignment with legal requirements.
How We Help:
- Payroll Processing & Direct Deposits - Effortless handling of employee pay, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Proper management of health benefits, retirement plans, and labor law requirements.
- Payroll Audits & Compliance Checks - Regular payroll inspections to prevent issues, avoid penalties, and adhere to labor laws.
A reliable payroll system keeps your employees happy, 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 Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to manage donor contributions and meet reporting standards.
- 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 financial tracking and regulatory adherence, we provide professional financial insights to help you increase profitability, get financing, and make smarter business decisions.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and cut unnecessary costs for a healthier 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 cost-effective financial management to ensure financial longevity.
The right financial strategy can take your business from surviving to expanding.
Our Tax Services
Taxes aren’t just 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 doesn’t happen.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a business owner, nonprofit, or self-employed, we file precise returns to keep you penalty-free and worry-free.
- Optimized Tax Savings - We uncover all eligible deductions you’re entitled to, so you keep 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 faster processing and no delays.
Taxes done right mean more savings, 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 properly set up to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just file your taxes; we proactively plan ways to minimize your tax burden.
- Business Entity Selection - 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 change often, and we ensure you stay ahead.
- 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.
Proactive tax management means lower costs, higher profits, and less stress during tax season.
Tax preparation 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 high-income earner, we handle your taxes with precision.
- Maximized Refunds - We find every write-off and credit to reduce what you owe 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, less time worrying.
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 multi-state compliance.
- Payroll Tax Management - Ensure error-free tax withholdings for employees and freelancers.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- Employee & Contractor Tax Compliance - We handle employee tax forms, freelancer tax documents, 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:
- IRS Audit Defense - We take care of all IRS correspondence and defend your tax filings.
- Financial Document Reconstruction - Lost receipts? We recreate your documents and support your claims.
- IRS Fine Reduction - We work to reduce or eliminate IRS fees and charges.
Tax audits can be overwhelming, but we ensure you’re protected and get the best possible outcome.
Struggling with back taxes or tax debts? We negotiate with the IRS to reduce what you owe and get you back on track.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and avoid further penalties.
- IRS Installment Plans - We secure manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Avoid wage garnishments, tax liens, and legal trouble. 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 books while you focus on growing your organization.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you stay compliant, make informed decisions, and reach your goals.
Take the first step towards financial peace today. Book your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747