Online Bookkeeping Services Friendswood, TX
Your financial records are the backbone of your business’s growth. Proper bookkeeping ensures you’re always prepared for tax filings, funding opportunities, and important business decision-making. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
QuickBooks-Certified Professionals
Managing your financial accounts 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 experts work diligently to ensure your financial records are error-free, organized, and up-to-date.
We know you have a lot to tick off on your agenda, and worrying about finances shouldn’t be one of them. We handle your financial records with accuracy, giving you the clarity and confidence to focus on what truly matters most, your organization’s growth.
- Professional Bookkeepers & Licensed CPAs
- Meticulous Approach
- Expert Knowledge
- Exceptional Client Support
Whether you are a startup navigating your first year 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 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 correctly from the outset helps you work efficiently, reduces financial risks, and provides you with a transparent view of your finances. We handle the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and future growth.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to fit your organizational needs, making it easy to track earnings, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We link your financial accounts to QuickBooks, enabling automated data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure automated sorting systems to maintain consistency and accuracy in your records, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you understand how to use it efficiently for your routine financial operations.
A well-organized, accurate QuickBooks system that simplifies bookkeeping, reduces workload, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies struggle to keep up with their financial records. Whether you're several months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your financial accounts back on track, error-free, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We detect and correct repeated transactions, misclassified expenses, and unrecorded payments 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 P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We organize pending payments and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your records are tax-compliant, fully balanced, and ready for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, 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 inconsistencies 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 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 discrepancies early and ensure everything is accurate. This keeps your financial records accurate and prevents any errors.
Struggling with delayed transactions, outstanding balances, or missed bill deadlines? We streamline your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle classification, posting, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and logging deposits, billing, sending statements, matching transactions, and reporting.
No more missed payments or outstanding debt. 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 P&L to managing your Balance Sheet, we ensure everything is organized. Stay informed with our detailed reports. These reports give you a clear insight into your business’s performance.
Every month, we offer a personalized consultation to review your financials and give you strategic advice. Whether it’s optimizing expenses, improving cash flow, 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 additional services based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Services Newtown, MA and Virtual Bookkeeping Services Baldwin Park, CA
Our Process
Our bookkeeping services start with an initial assessment. During this phase, we carefully understand the unique needs and goals of your business. We recognize that every business has its own set of financial challenges and objectives.
What We Do:
Analyze Your Current Financial Health: We will review your current bookkeeping practices, software, and financial records (if available). This helps us understand any existing gaps in your system.
Pinpoint Key Bookkeeping Needs: 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 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 filings? Do you need detailed statements for investors?
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 pricing, 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 scalability.
Set Up Your System:
- COA Setup: We create a tailored chart of accounts.
- Bank Account Integration: We connect your credit cards for automatic transaction imports.
- Invoicing System: We customize invoice templates.
- 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 take over the bookkeeping operations.
What We Do:
Expense Classification
Bank and Credit Card Reconciliation
Monthly Financial Statements
- 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 Monthly Reports
Monitor Financial Performance
Make Recommendations
Dedicated Support
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the backbone of your company’s growth. Whether you need to plan strategically, attract investors, or meet regulatory requirements, we deliver meticulously prepared, fully compliant financial statements that provide a transparent overview of your organization’s standing.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and profits so you can track performance, recognize opportunities, and make smarter financial decisions.
- Balance Sheet - A concise overview of your assets, 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 keep finances under control and avoid cash shortages.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to spot areas for growth and potential risks.
- Investor & Grant Reporting - Professionally prepared reports designed for financial institutions, investors, and grant agencies to help you secure funding.
Reliable financial statements enhance credibility among investors, strengthen financial security, and help you steer your business toward success that ensure scalability.
A strong financial plan is the backbone to long-term success 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 - Structured financial plans based on previous financial data, market standards, and long-term goals.
- Revenue & Expense Forecasting - Data-driven 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 prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and current financial performance to keep you on track.
Strategic budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to grow with confidence.
Profitability doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow proactively so you can meet financial obligations, compensate your team, and scale your business.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain 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 increase margins.
- Emergency Fund Planning - Build financial reserves to protect your business from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always prepared for growth opportunities.
Uncontrolled cash flow is one of the leading reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and compliance issues. We take payroll off your plate, ensuring your team gets paid without errors, on time, and in full compliance with government policies.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of wages, 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 employee tax reports, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, pension deductions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll inspections to prevent issues, avoid penalties, and adhere to labor laws.
A reliable payroll system ensures employee satisfaction, shields you from lawsuits, 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.
What We Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports meet audit requirements.
- 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 paperwork preparation, representation, and compliance guidance if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Being proactive with audits reduces stress, keeps you legally secure, and protects your business from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional advice 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 increase savings.
- Investment Preparation & Funding Strategy - 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 efficient budgeting to ensure long-term stability.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t simply a annual task, they’re a key part of your financial well-being. 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 entrepreneur, nonprofit, or a freelancer, we file accurate returns to keep you compliant and stress-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 across state lines? Hiring remote employees? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds and peace of mind.
Taxes done correctly mean bigger tax refunds, fewer headaches, and zero stress.
Lack of strategic 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 reduce your tax burden.
- Business Entity Selection - LLC, Sole Proprietorship, S-Corp, or C-Corp? We help you pick the best structure to save on taxes.
- 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.
- 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 reduced expenses, better financial outcomes, and less stress during tax season.
Tax preparation shouldn’t be overwhelming. 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 business owner, we handle your taxes with precision.
- Maximized Refunds - We identify every write-off and credit to minimize your tax liability and increase your refund.
- 401(k), IRA & Investment Tax Strategies - We help you build wealth 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 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.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of compliance requirements with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
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 tax disputes, tax examinations, and government inquiries 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 eliminate IRS fees 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:
- Past-Due Tax Return Assistance - Get caught up and regain compliance.
- Flexible Payment Arrangements - We secure affordable IRS-approved repayment plans.
- Tax Debt Settlement - Reduce what you owe for a fraction of the original amount.
Avoid wage garnishments, tax liens, and financial stress. We fight for the best possible resolution for you.
Schedule 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 remain tax-compliant, gain financial clarity, and improve transparency.
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