Online Bookkeeping Services Glen Burnie, MD
Your accounting records are the backbone 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
QuickBooks-Certified Professionals
Managing your financial accounts should not be a burden, it should be a stepping stone to your growth. We specialize in helping startups and nonprofits stay financially secure and in line with regulations. Our team of accredited and licensed experts work seamlessly to ensure your financial records are accurate, organized, and up-to-date.
We know you have a lot to tick off on your to-do list, and stressing over finances shouldn’t be one of them. We handle your financial records 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
- Detail-Oriented Professionals
- Expert Knowledge
- Dedicated Customer Care
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 beginning helps you work efficiently, prevents costly mistakes, and ensures you have a transparent view of your finances. We handle the entire setup process, ensuring your QuickBooks system is configured for error-free operation, efficiency, and sustainable financial management.
What We Offer:
Customized Chart of Accounts - We customize your chart of accounts to fit your business structure, making it effortless to track revenue, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automatic data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure automated sorting systems to maintain consistency and error-free processing in your financial records, reducing manual work.
- Training & Support - We walk you through your QuickBooks setup, ensuring you grasp how to use it effectively for your routine financial operations.
A well-organized, error-free QuickBooks system that makes financial management easier, reduces workload, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses struggle to keep up with their financial records. Whether you're a few months or even multiple years behind, we specialize in bringing your books up to date to get your financial accounts back on track, accurate, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We identify and fix duplicate entries, incorrect categorizations, and missing transactions to ensure accuracy.
- Bank & Credit Card Reconciliation - We match your accounts, balancing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve discrepancies in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending invoices and bills, helping you regain control over your business finances.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully reconciled, and prepared for investors, lenders, or {audits||compliance checks}.
Up-to-date, accurate books provide needed financial clarity and position your business for growth.
We will take care of sorting your transactions and categorizing them properly for your financial statements. This means no more guesswork when it comes to your expenses and income. You will get a organized view of your finances, making tax season a smooth experience and giving you the insights you need to understand your business’s profitability.
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 discrepancies early and ensure everything is accurate. This keeps your financial records error-free and prevents any oversights.
Struggling with late payments, outstanding balances, or forgotten due dates? We streamline 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 coding and posting cash receipts, invoicing, sending statements, matching transactions, and reporting.
No more missed payments or overdue invoices. Your cash flow will be consistent, organized, and stress-free.
We handle all the heavy lifting 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 regular financial reports. These reports give you a clear picture into your business’s performance.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s reducing costs, improving working capital, 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 custom solutions based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeepers In Trident, MT and Online Bookkeeping Solutions Durham, WI
Our Process
Our bookkeeping services kick off 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 requirements and objectives.
What We Do:
Analyze Your Current Financial Health: We will review your financial processes, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Determine Your Financial Requirements: Based on your operations, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is expense tracking or recordkeeping.
Clarify Your Financial Objectives: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for tax filings? Do you need regular financial reports for donors?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized 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 configuring your financial system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its scalability.
Set Up Your System:
- Chart of Accounts: We create a personalized chart of accounts.
- Automated Bank Sync: We connect your payment platforms for real-time updates.
- Invoicing System: We customize billing structures.
- Data Migration: If applicable, we securely migrate historical financial data.
Training and Onboarding: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the bookkeeping operations.
What We Do:
Transaction Categorization
Financial Reconciliation
Financial Reporting
- 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 dedicated assistance.
What We Do:
Review Financial Reports
Monitor Financial Performance
Strategic Advice
Dedicated Support
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, they are the backbone of your company’s growth. Whether you need to make informed decisions, secure funding, or stay audit-ready, we deliver precise, fully compliant financial statements that provide a transparent overview of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, expenses, and profits so you can track performance, spot patterns, and make smarter financial decisions.
- Balance Sheet - A concise overview of your assets, liabilities, 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 keep finances under control and avoid cash shortages.
- Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to identify strengths and red flags.
- Investor & Grant Reporting - Meticulously structured reports designed for financial institutions, investors, and grant agencies to help you raise capital.
Well-prepared financial statements build confidence among investors, reduce financial risk, and help you make data-driven decisions that accelerate expansion.
A well-structured financial plan is the backbone to business growth and financial stability. We create customized budgets and forecasts to help you maintain control, anticipate challenges, and make informed financial decisions.
What We Offer:
- Annual & Monthly Budgeting - Structured financial plans built around past performance, market standards, and long-term vision.
- Revenue & Expense Forecasting - Data-driven projections that help you anticipate future financial needs, ensuring sustainable cash flow.
- 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 estimated finances and real-world financial performance to keep you on track.
Effective budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Generating revenue doesn’t ensure financial stability, steady cash flow is the real key. We help you manage your cash flow effectively so you can cover expenses, handle payroll, and invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and better vendor payment strategies to enhance cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, reduce financial waste, and increase margins.
- Emergency Fund Planning - Build financial reserves to create a safety net from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.
Uncontrolled cash flow is one of the top reasons businesses fail, 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 accurately, on time, and in full compliance with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Error-free tax withholding to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Accurate management of medical coverage, pension deductions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to identify mistakes, stay ahead of regulations, and maintain legal standing.
A error-free 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.
How We Help:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify fraud risks, inaccuracies, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to track restricted funds and meet funding guidelines.
- IRS & Tax Audit Support - Full documentation, 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.
Staying audit-ready eliminates last-minute panic, ensures compliance, and protects your business from costly penalties.
Beyond bookkeeping and compliance, we provide professional financial insights to help you increase profitability, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to boost revenue and cut unnecessary costs for a stronger bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and fine-tune your tax strategy to reduce tax burdens 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 efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t simply a annual task, they’re a key part of your overall finances. Errors in filing or missed deductions can cost you thousands. We make sure that you avoid that.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or a freelancer, we file accurate 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 across state lines? 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 bigger tax refunds, fewer headaches, and complete peace of mind.
Lack of strategic tax planning costs businesses a fortune each year. We help you stay tax-efficient, fully compliant, and strategically structured 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 pick the best structure to save on taxes.
- 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 technology, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Proactive tax management means reduced expenses, better financial outcomes, and fewer IRS concerns.
Tax preparation shouldn’t be stressful. We simplify the process while ensuring you get the biggest tax return possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a salaried professional, investor, or high-income earner, we handle your taxes with precision.
- Maximized Refunds - We find every deduction and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you save for retirement while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - 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, no tax season stress.
Sales and employment 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 sales tax collection, reporting, and nexus requirements.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our timely filing services.
- W-2 & 1099 Reporting - We handle W-2s, 1099s, 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 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 recreate your documents and support your claims.
- Penalty & Interest Negotiation - We work to reduce or eliminate IRS penalties and interest.
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 settle your debts and get you back on track.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and avoid further penalties.
- Flexible Payment Arrangements - We negotiate manageable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for a fraction of the original amount.
Stop IRS collections, asset seizures, and legal trouble. We secure 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 books while you focus on growing your organization.
Our team of financial specialists ensures your finances are always in order, helping you remain tax-compliant, gain financial clarity, and improve transparency.
Take the first step towards financial peace today. Schedule your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747