Online Bookkeeping Services Garden City, NY
Your financial records are the cornerstone of your business’s success. Proper bookkeeping ensures you’re always prepared for tax filings, grant applications, 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 finances should not be a burden, it should be a bridge to your growth. We specialize in helping startups and nonprofits stay financially secure and legally aligned. Our team of accredited and licensed specialists work seamlessly to ensure your financial records are accurate, structured, 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 transactions with accuracy, giving you the clarity and peace of mind to focus on what truly counts, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Industry Experts
- Exceptional Client Support
Whether you are a new business navigating your first year or a bit down the line with your business, our team of specialists 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 properly from the outset helps you work efficiently, reduces financial risks, and provides you with a transparent financial picture. We handle the entire setup process, ensuring your QuickBooks system is configured for accuracy, efficiency, and sustainable financial management.
What We Offer:
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 accuracy.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to ensure uniformity and error-free processing in your financial records, reducing manual work.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you grasp how to use it with confidence for your ongoing financial operations.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, improves productivity, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many organizations find it challenging to maintain their financial records. Whether you're a few months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, error-free, and audit-ready.
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, aligning QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We resolve discrepancies in your financial statement and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending invoices and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial statements are aligned with regulations, fully balanced, and prepared for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, accurate books offer transparency and position your business for growth.
We will take care of sorting your transactions and categorizing them correctly for your financial statements. This means no more confusion 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 profitability.
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 matches up. This keeps your financial records accurate 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 classification, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and logging deposits, billing, sending statements, matching transactions, and reporting.
No more late fees or outstanding debt. Your cash flow will be predictable, organized, and stress-free.
We handle all the tedious tasks 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 detailed reports. These reports give you a clear picture into your business’s profitability.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, 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 Bookkeepers In Corinth, TX and Online Bookkeepers In Sunbury, GA
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 discrepancies in your system.
Determine Your Financial Requirements: Based on your operations, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is expense management or recordkeeping.
Align with Your Goals: We ask questions to better understand your business aspirations. Do you want to enhance cash flow? Are you preparing for tax season? Do you need regular financial reports for board members?
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 cost breakdown, 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 Accounting Software: We use QuickBooks Online, known for its scalability.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a personalized chart of accounts.
- Bank Linking: We connect your credit cards for seamless reconciliation.
- Invoicing System: We customize payment options.
- Record Migration: If applicable, we securely migrate historical financial data.
User Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle the ongoing bookkeeping processes.
What We Do:
Expense Classification
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 Monthly Reports
Review Financial Health
Improvement Suggestions
Dedicated Support
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the cornerstone of your company’s growth. Whether you need to make informed decisions, secure funding, or ensure compliance, we deliver meticulously prepared, audit-ready 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, expenses, and net income so you can track performance, identify trends, and make smarter financial decisions.
- Balance Sheet - A concise overview of your assets, debts, and equity, helping you assess your financial health.
- Cash Flow Statement - See exactly where your money is coming from and your expense distribution, so you can keep finances under control and avoid cash shortages.
- Financial Ratios & KPI Analysis - We analyze key metrics like profit margins and liquidity ratios to uncover opportunities and red flags.
- Investor & Grant Reporting - Professionally prepared reports tailored for banks, investors, and philanthropic organizations to help you win grants.
Accurate 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 foundation to business growth and stability. We create tailored budgets and forecasts to help you maintain control, anticipate challenges, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around historical trends, 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 expected-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your estimated finances and actual financial performance to adjust strategies proactively.
Proactive budgeting and forecasting put you in control, minimize unexpected shortfalls, and allow you to scale sustainably.
Generating revenue doesn’t guarantee financial stability, steady cash flow is the real key. We help you take control of your cash flow effectively so you can cover expenses, handle payroll, and invest in growth.
What We Offer:
- 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 improve cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, cut non-essential costs, and maximize financial efficiency.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always ready to expand.
Uncontrolled cash flow is one of the biggest reasons businesses fail, our expertise keeps you ahead of financial challenges.
Payroll mistakes can lead to unhappy employees, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid accurately, punctually, and in full compliance with legal requirements.
How We Help:
- Payroll Processing & Direct Deposits - Reliable handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business legally sound.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including year-end employee tax forms, contractor tax documents, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, pension deductions, and labor law requirements.
- Payroll Audits & Compliance Checks - Regular payroll reviews to prevent issues, avoid penalties, and adhere to labor laws.
A error-free payroll system keeps your employees happy, safeguards your business, 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 fraud risks, errors, and policy violations before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to track restricted funds and meet reporting standards.
- IRS & Tax Audit Support - Full documentation, 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.
Maintaining audit preparedness minimizes anxiety, ensures compliance, and shields your organization from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional financial insights to help you improve earnings, secure funding, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to minimize liabilities and increase savings.
- Investment Preparation & Funding Strategy - 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 long-term stability.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a key 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 precise returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you keep more of your profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring remote employees? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds and peace of mind.
Taxes done right mean more savings, fewer headaches, and zero stress.
Poor tax planning costs businesses thousands each year. We help you stay tax-efficient, fully aligned with IRS regulations, and strategically structured to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - 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 are constantly changing, and we ensure you stay ahead.
- 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 lower costs, higher profits, and fewer IRS concerns.
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 W-2 employee, investor, or high-income earner, we handle your taxes with expertise.
- Optimized Tax Savings - We identify every write-off and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while minimizing tax impact.
- Property Tax Benefits - From home deductions to rental income strategies, we ensure real estate works in your favor.
- 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 hefty penalties. We ensure your business remains compliant and penalty-free.
What We Do:
- Sales Tax Registration & Filing - We manage sales tax collection, reconciliations, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for staff 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, 1099s, and payroll tax deductions with accuracy.
Stay compliant, avoid fines, and protect your financial future.
Facing an IRS audit?, you don’t have to face them alone. We handle tax disputes, audits, and IRS communications on your behalf.
What We Do:
- Full-Service Audit Representation - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and prove compliance.
- IRS Fine Reduction - We negotiate down 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 IRS penalties? We negotiate with the IRS to settle your debts and restore your financial stability.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and avoid further penalties.
- Flexible Payment Arrangements - We secure manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for a fraction of the original amount.
Avoid wage garnishments, tax liens, and legal trouble. We fight for the most favorable outcome for you.
Book 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 making an impact.
Our team of financial specialists 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. Schedule your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747