Online Bookkeeping Services Fridley, MN
Your accounting records are the foundation of your business’s growth. Accurate 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 finances should not be a stressful task, it should be a bridge to your success. We specialize in helping startups and NGOs stay financially secure and compliant. Our team of accredited and licensed specialists work seamlessly to ensure your financial records are precise, organized, and up-to-date.
We know you have a lot to check off on your daily tasks, and worrying about finances shouldn’t be one of them. We handle your finances with precision, giving you the clarity and confidence to focus on what truly matters most, your organization’s growth.
- Certified Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Highly Knowledgeable
- Dedicated Customer Care
Whether you are a startup navigating your early stages or a bit down the line with your business, our team of experts ensures that your books are always organized. 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 properly from the start saves you time, avoids expensive errors, and provides you with a accurate view of your finances. We handle the entire setup process, ensuring your QuickBooks system is set up for error-free operation, efficiency, and sustainable financial management.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to align with your business structure, making it simple to track income, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We link your banking information to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up intelligent financial tagging to ensure uniformity and accuracy in your financial data, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you understand how to navigate it efficiently for your routine financial operations.
A streamlined, error-free QuickBooks system that makes financial management easier, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many businesses 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 financial data back on track, error-free, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, misclassified expenses, and overlooked expenses to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, aligning QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve mistakes in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize outstanding invoices and bills, helping you regain control over your business finances.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Well-maintained, accurate books offer transparency and set you up for future success.
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 spending 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 financial health.
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 error-free and prevents any errors.
Struggling with delayed transactions, outstanding balances, or missed bill deadlines? We simplify your accounts payable and receivable processes, ensuring you maintain financial stability.
What We Offer:
- Accounts Payable Services - We handle coding, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and posting cash receipts, invoicing, sending statements, matching transactions, and reporting.
No more late fees or outstanding debt. Your financial health will be predictable, organized, 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 monthly financial reports. These reports give you a clear insight into your business’s financial health.
Every month, we offer a personalized consultation to review your financials and give you strategic advice. Whether it’s cutting unnecessary spending, 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 unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Services Wylie, TX and Online Bookkeeping Solutions Upper East Side, NY
Our Process
Our bookkeeping services begin with an comprehensive consultation. During this phase, we take the time to 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 financial processes, software, and financial records (if available). This helps us understand any existing gaps in your system.
Determine Your Financial Requirements: Based on your business model, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or financial analysis.
Clarify Your Financial Objectives: 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 ongoing reports for donors?
Tailored Strategy: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.
Agree on Payment Plans: During/after this consultation, we will outline our payment structure, including service rates, billing frequency, and payment methods.
Once we understand your financial structure, we move on to setting up your bookkeeping system.
What We Do:
Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its scalability.
Set Up Your System:
- Chart of Accounts: We create a tailored chart of accounts.
- Bank Linking: We connect your payment platforms for real-time updates.
- Invoice and Payment Setup: We customize payment options.
- Data Migration: If applicable, we securely transfer historical financial data.
Software Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the ongoing bookkeeping processes.
What We Do:
Income & Expense Categorization
Financial Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable 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 continuous support.
What We Do:
Review Financial Reports
Review Financial Health
Strategic Advice
Dedicated Support
Proactive Financial Advice
Troubleshooting
Business Expansion Assistance
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 make informed decisions, attract investors, or meet regulatory requirements, we deliver precise, fully compliant financial statements that provide a transparent overview of your organization’s standing.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and net income so you can track performance, identify trends, and adjust strategies.
- Balance Sheet - A concise overview 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 how it’s being spent, so you can maintain stability and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We assess key indicators like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Meticulously structured reports designed for financial institutions, investors, and philanthropic organizations to help you raise capital.
Well-prepared financial statements build confidence among investors, strengthen financial security, and help you make data-driven decisions that ensure scalability.
A well-structured financial plan is the backbone to business growth and financial stability. We create tailored budgets and forecasts to help you align with your goals, anticipate challenges, and steer your business with confidence.
What We Offer:
- Annual & Monthly Budgeting - Data-backed financial plans built around previous financial data, market standards, and future goals.
- Revenue & Expense Forecasting - Data-driven projections that help you prepare for future financial needs, ensuring sustainable cash flow.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to enhance financial resilience.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your estimated finances and current financial performance to adjust strategies proactively.
Effective budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to grow with confidence.
Generating revenue doesn’t ensure 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 - Immediate and future forecasts to ensure financial security and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase margins.
- Emergency Fund Planning - Establish financial reserves to shield your company from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the top reasons businesses shut down, our expertise ensures yours doesn’t.
Errors in payroll can lead to dissatisfied workers, tax penalties, and regulatory violations. We manage your payroll, ensuring your team gets paid accurately, without delays, and in complete alignment with government policies.
How We Help:
- Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, retirement plans, and labor law requirements.
- Payroll Audits & Compliance Checks - Regular payroll evaluations to prevent issues, avoid penalties, and maintain legal standing.
A well-structured payroll process keeps your employees happy, shields you from lawsuits, and maintains regulatory adherence.
Audits can be stressful, 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 meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, inaccuracies, and compliance gaps 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 review your records to spot potential red flags before an audit begins.
Maintaining audit preparedness minimizes anxiety, 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, get financing, and make smarter business decisions.
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 refine 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 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 critical part of your overall finances. Errors in filing 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 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 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 peace of mind.
Taxes done correctly 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 properly set up to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just file your taxes; we proactively develop strategies to reduce 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.
- Up-to-Date Compliance - IRS rules change often, and we ensure you remain compliant.
- Maximizing Deductions - We identify deductions often overlooked by companies.
- Industry-Specific Tax Breaks - Whether you’re in technology, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means reduced expenses, better financial outcomes, and less stress during tax season.
Tax preparation shouldn’t be stressful. We simplify the process 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 identify every write-off and credit to minimize your tax liability and boost your refund.
- Retirement & Investment Tax Planning - We help you save for retirement 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 claim every eligible tax break.
More money in your pocket, no tax season stress.
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, reporting, and multi-state compliance.
- Payroll Tax Management - Ensure correct tax withholdings for employees and freelancers.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with precision.
Stay compliant, avoid fines, and keep your business running smoothly.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle tax disputes, tax examinations, and government inquiries 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.
- Penalty & Interest Negotiation - We work to reduce or eliminate IRS penalties and interest.
IRS audits are stressful, but we ensure you’re covered and get the best possible outcome.
Struggling with back taxes or tax debts? We work on your behalf to reduce what you owe and get you back on track.
What We Do:
- Back Tax Filing & Compliance - Get caught up and avoid further penalties.
- Flexible Payment Arrangements - We negotiate affordable IRS-approved repayment plans.
- Tax Debt Settlement - Settle your tax debt for less than the original amount.
Avoid wage garnishments, asset seizures, and legal trouble. We secure the most favorable outcome for you.
Schedule Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the hassle that comes with managing your financial records? Let us handle the numbers while you focus on scaling your business.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, make informed decisions, 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