Virtual Bookkeeping Services Glenwood, PA
Your accounting records are the foundation of your business’s success. Proper bookkeeping ensures you’re always prepared for tax filings, 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 burden, it should be a bridge to your growth. We specialize in helping startups and nonprofits stay financially secure and compliant. Our team of certified and licensed specialists work efficiently to ensure your books are accurate, organized, and up-to-date.
We know you have much to tick off on your to-do list, and stressing over finances shouldn’t be one of them. We handle your transactions with care, giving you the clarity and confidence to focus on what truly matters most, your company’s success.
- Professional Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Expert Knowledge
- Dedicated Customer Care
Whether you are a startup navigating your early stages or a bit down the line with your business, our team of professionals 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 helps you work efficiently, reduces financial risks, and gives you a clear view of your finances. We take care of the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and long-term success.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to align with your organizational needs, making it simple to track revenue, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We set up automated sorting systems to maintain consistency and error-free processing in your financial data, cutting down on repetitive tasks.
- Training & Support - We provide hands-on assistance with your QuickBooks setup, ensuring you fully comprehend how to navigate it with confidence for your ongoing financial operations.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, saves time, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many organizations find it challenging to maintain their financial records. Whether you're several months or even multiple years behind, we specialize in bringing your books up to date to get your financial data back on track, error-free, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We detect and correct duplicate entries, misclassified expenses, and overlooked expenses to ensure error-free records.
- Bank & Credit Card Reconciliation - We match your accounts, synchronizing QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We fix discrepancies in your financial statement and profit & loss statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We organize outstanding invoices and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are IRS-ready, fully reconciled, and prepared for investors, lenders, or {audits||compliance checks}.
Up-to-date, fully reconciled books give you full visibility into your finances 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 guesswork when it comes to your spending and earnings. You will get a organized view of your finances, making tax season a stress-free process 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 mismatches early and ensure everything matches up. This keeps your financial records accurate and prevents any errors.
Struggling with late payments, unpaid invoices, or missed bill deadlines? We simplify your accounts payable and receivable processes, ensuring your finances stay consistent and stress-free.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and logging deposits, invoicing, sending statements, verifying records, and reporting.
No more late fees or outstanding debt. Your financial health will be predictable, well-managed, and stress-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your Profit & Loss to managing your Balance Sheet, 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 customized consultation to review your financials and give you business insights. Whether it’s optimizing expenses, 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 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 Briggs Corner, MA and Virtual Bookkeeping Services Skokie, IL
Our Process
Our bookkeeping services begin with an comprehensive consultation. 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 financial processes, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Pinpoint Key Bookkeeping Needs: Based on your operations, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or recordkeeping.
Align with Your Goals: We ask questions to better understand your short-term and long-term goals. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need ongoing reports for investors?
Customization: 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 pricing, billing frequency, and payment methods.
Once we understand your business’s needs, we move on to setting up your bookkeeping system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its security.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a tailored chart of accounts.
- Automated Bank Sync: We connect your bank accounts for real-time updates.
- Invoice and Payment Setup: We customize invoice templates.
- 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 take over the day-to-day bookkeeping tasks.
What We Do:
Transaction Categorization
Monthly Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Clean-Up/Catch-Up Work
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer dedicated assistance.
What We Do:
Review Financial Reports
Review Financial Health
Strategic Advice
Client Assistance
Proactive Financial Advice
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the foundation of your company’s growth. Whether you need to make informed decisions, attract investors, or stay audit-ready, we deliver precise, fully compliant financial statements that provide a clear picture of your company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, expenses, and net income so you can measure growth, recognize opportunities, and adjust strategies.
- Balance Sheet - A concise overview of your assets, liabilities, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly where your money is coming from and your expense distribution, so you can maintain stability and prevent financial gaps.
- Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to identify strengths and financial weaknesses.
- Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and grant agencies to help you secure funding.
Well-prepared financial statements increase trust among investors, minimize uncertainties, and help you steer your business toward success that accelerate expansion.
A solid financial plan is the foundation to business growth and financial stability. We create customized budgets and forecasts to help you align with your goals, mitigate risks, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans built around previous financial data, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Insightful projections that help you prepare for 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 - Regular comparisons between your estimated finances and current financial performance to keep you on track.
Proactive budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to achieve financial stability.
Profitability doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow proactively so you can meet financial obligations, pay employees, and invest in growth.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to enhance cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, eliminate unnecessary expenses, and increase profitability.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business 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 struggle, our expertise ensures yours doesn’t.
Payroll mistakes can lead to dissatisfied workers, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid correctly, punctually, and in complete alignment with government policies.
What We Do:
- Payroll Processing & Direct Deposits - Effortless handling of salaries, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Error-free tax calculations 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 health benefits, pension deductions, and labor law requirements.
- Payroll Audits & Compliance Checks - Regular payroll reviews to catch errors, stay ahead of regulations, and adhere to labor laws.
A error-free payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.
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 meet audit requirements.
- Internal Controls Assessment - Identify vulnerabilities, inaccuracies, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to manage donor contributions and meet reporting standards.
- IRS & Tax Audit Support - Full documentation, expert guidance, and IRS communication support if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Maintaining audit preparedness eliminates last-minute panic, ensures compliance, and shields your organization from costly penalties.
Beyond financial tracking and regulatory adherence, we provide professional advice to help you improve earnings, secure funding, and enhance decision-making.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to increase income and reduce expenses 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.
- Funding & Investor Readiness - Prepare professional financial reports and presentations to gain investor interest or secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and efficient budgeting to ensure long-term stability.
The right financial strategy can take your business from surviving to thriving.
Our Tax Services
Taxes aren’t just a once-a-year task, they’re a critical part of your overall finances. Filing mistakes or missed deductions can cost you a significant amount. 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 compliant and worry-free.
- Optimized Tax Savings - We uncover all eligible deductions you’re entitled to, so you keep more of your hard-earned money.
- Multi-State & Remote Worker Compliance - Doing business across state lines? Hiring out-of-state workers? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for faster processing 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 strategically structured to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - 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.
- 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 financial benefits specific to your industry.
Smart tax planning means lower costs, better financial outcomes, and less stress during tax season.
Filing your taxes shouldn’t be overwhelming. We make it hassle-free while ensuring you get the maximum refund possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a W-2 employee, investor, or high-income earner, we handle your taxes with precision.
- Optimized Tax Savings - We identify every deduction and credit to reduce what you owe and increase your refund.
- Retirement & Investment Tax Planning - We help you save for retirement while keeping taxes low.
- Property Tax Benefits - From home deductions to capital gains, we ensure real estate works in your favor.
- Family Tax Benefits - Got kids? We ensure you claim every available tax break.
More money in your pocket, less time worrying.
Sales and employment tax mistakes can lead to costly fines. We ensure your business remains compliant and penalty-free.
What We Do:
- End-to-End Sales Tax Compliance - We manage state tax filings, reconciliations, and multi-state compliance.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and contractors.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our automated filing services.
- W-2 & 1099 Reporting - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
Stay compliant, prevent penalties, 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 rebuild your documents and support your claims.
- IRS Fine Reduction - We work to reduce or eliminate IRS penalties and charges.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Struggling with back taxes or tax debts? We work on your behalf to settle your debts and restore your financial stability.
What We Do:
- Back Tax Filing & Compliance - Get caught up and avoid further penalties.
- Flexible Payment Arrangements - We secure manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Stop IRS collections, tax liens, and financial stress. We fight for the best possible resolution 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 making an impact.
Our team of financial specialists ensures your finances are always in order, helping you stay compliant, optimize your resources, and reach your goals.
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