Online Bookkeeping Services Grand Island, NY
Your financial data are the backbone of your business’s prosperity. 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 financial records should not be a burden, it should be a stepping stone to your success. We specialize in helping startups and nonprofits stay financially secure and legally aligned. Our team of accredited and licensed experts work diligently to ensure your books are accurate, organized, and up-to-date.
We know you have plenty to check off on your agenda, and stressing over 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 company’s success.
- Professional Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Expert Knowledge
- Top Notch Customer Service
Whether you are a new business navigating your initial phase 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 the right way from the beginning saves you time, reduces financial risks, and provides you with a transparent financial picture. We manage the entire setup process, ensuring your QuickBooks system is configured for accuracy, efficiency, and future growth.
How We Help:
Customized Chart of Accounts - We tailor your chart of accounts to fit your business structure, making it simple to track revenue, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automatic data synchronization and real-time financial tracking.
- Smart Categorization Rules - We configure automated sorting systems to maintain 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 grasp how to use it with confidence for your ongoing financial operations.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, saves time, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many companies fall behind on their books. Whether you're several months or even multiple years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, properly balanced, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We identify and fix repeated transactions, misclassified expenses, and unrecorded payments to ensure error-free records.
- Bank & Credit Card Reconciliation - We reconcile your accounts, balancing QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We correct errors in your balance sheet and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage outstanding invoices and bills, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your financial statements are tax-compliant, fully balanced, and prepared for investors, banks, or {audits||compliance checks}.
Clean, accurate books give you full visibility into your finances and help you make informed decisions.
We will take care of sorting your transactions and categorizing them accurately for your financial statements. This means no more guesswork when it comes to your expenses 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 financial health.
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 errors early and ensure everything matches up. This keeps your financial records accurate and prevents any oversights.
Struggling with delayed transactions, outstanding balances, or forgotten due dates? We simplify your incoming and outgoing payments processes, ensuring you maintain financial stability.
What We Offer:
- Accounts Payable Services - We handle categorization, logging, bill payment (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and recording incoming payments, creating and sending invoices, sending statements, matching transactions, and reporting.
No more missed payments or overdue invoices. Your financial health will be consistent, organized, and stress-free.
We handle all the heavy lifting when it comes to your financial statements. From tracking your P&L to managing your Financial Position, we ensure everything is organized. Stay informed with our detailed reports. These reports give you a comprehensive view into your business’s profitability.
Every month, we offer a personalized consultation to review your financials and give you business insights. Whether it’s optimizing expenses, improving cash flow, or planning for the future, we will work with you to make sure your finances support your objectives.
Can't find a service you need? We offer personalized packages based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Services Victoria, TX and Virtual Bookkeeping Services Riviera, FL
Our Process
Our bookkeeping services kick off with an comprehensive consultation. During this phase, we thoroughly 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:
Evaluate Your Financial Status: 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 operations, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or financial reporting.
Align with Your Goals: We ask questions to better understand your immediate and future objectives. Do you want to improve cash flow management? Are you preparing for tax season? Do you need regular financial reports for investors?
Personalized Plan: 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 pricing, billing frequency, and payment methods.
Once we understand your financial structure, we move on to establishing your bookkeeping system.
What We Do:
Select the Appropriate Accounting Platform: We use QuickBooks Online, known for its user-friendly interface.
Set Up Your System:
- COA Setup: We create a personalized chart of accounts.
- Automated Bank Sync: We connect your bank accounts for automatic transaction imports.
- Invoice and Payment Setup: We customize billing structures.
- Data Migration: If applicable, we securely transfer historical financial data.
User Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the bookkeeping operations.
What We Do:
Expense Classification
Monthly Reconciliation
Monthly Financial Statements
- 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 Monthly Reports
Monitor Financial Performance
Improvement Suggestions
Dedicated Support
Tax Compliance Updates
Troubleshooting
Scaling Support
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 make informed decisions, attract investors, or ensure compliance, we deliver accurate, audit-ready financial statements that provide a transparent overview of your business’s financial position.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, expenses, and net income so you can track performance, identify trends, and enhance profitability.
- 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 keep finances under control and prevent financial gaps.
- Financial Ratios & KPI Analysis - We analyze key indicators like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports designed for banks, investors, and philanthropic organizations to help you secure funding.
Reliable financial statements build confidence among investors, strengthen financial security, and help you make data-driven decisions that accelerate expansion.
A solid financial plan is the key to long-term success and stability. We create customized budgets and forecasts to help you maintain control, mitigate risks, and steer your business with confidence.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around past performance, industry benchmarks, and long-term vision.
- Revenue & Expense Forecasting - Insightful 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 enhance financial resilience.
- Budget vs. Actual Performance Tracking - Regular comparisons between your financial projections and current financial performance to keep you on track.
Proactive budgeting and forecasting put you in control, prevent cash flow surprises, and allow you to scale sustainably.
Profitability doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can stay operational, compensate your team, and invest in growth.
How We Help:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and maximize financial efficiency.
- Emergency Fund Planning - Build & strengthen financial reserves to create a safety net from economic uncertainty.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the top reasons businesses fail, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to unhappy employees, tax penalties, and legal trouble. We take payroll off your plate, ensuring your team gets paid accurately, punctually, and in full compliance with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Effortless handling of wages, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Precise tax withholding to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including year-end employee tax forms, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, 401(k) contributions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll evaluations to prevent issues, avoid penalties, and maintain legal standing.
A reliable payroll system keeps your employees happy, safeguards your business, 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 error-free books and full compliance with regulations.
What We Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify vulnerabilities, errors, and regulatory weaknesses 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 record-keeping, 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 shields your organization from costly penalties.
Beyond financial tracking and regulatory adherence, we provide expert advice to help you improve earnings, get financing, 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.
- Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to attract investors or secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from surviving to expanding.
Our Tax Services
Taxes aren’t simply a annual task, they’re a critical part of your overall finances. Filing mistakes or missed deductions can cost you thousands. We make sure that doesn’t happen.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or self-employed, we file accurate returns to keep you compliant and worry-free.
- Maximized Deductions & Credits - We uncover every tax break you’re entitled to, so you keep more of your profits.
- Multi-State & Remote Worker Compliance - Doing business across state lines? Hiring out-of-state workers? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds and no delays.
Taxes done right 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 aligned with IRS regulations, and properly set up to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just handle tax returns; we proactively develop strategies to reduce your tax burden.
- Choosing the Right Business Structure - 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 are constantly changing, and we ensure you stay ahead.
- Expense Optimization & Write-Off Strategies - We identify deductions most businesses miss.
- 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 fewer IRS concerns.
Tax preparation shouldn’t be stressful. We simplify the process while ensuring you get the maximum refund possible.
What We Do:
- Tailored Tax Preparation - Whether you’re a W-2 employee, investor, or business owner, we handle your taxes with expertise.
- Optimized Tax Savings - We find every write-off and credit to minimize your tax liability and increase 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 capital gains, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, less time worrying.
Sales and employment tax mistakes can lead to hefty penalties. We ensure your business remains compliant and penalty-free.
What We Do:
- End-to-End Sales Tax Compliance - 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 deadlines with our automated filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, 1099s, and payroll tax deductions with accuracy.
Stay compliant, avoid fines, and keep your business running smoothly.
If the IRS comes knocking, you don’t have to face them alone. We handle IRS challenges, tax examinations, and IRS communications on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Missing financial records? We recreate your documents and support your claims.
- IRS Fine Reduction - We work to reduce or eliminate IRS penalties and interest.
Tax audits can be overwhelming, but we ensure you’re covered 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 regain compliance.
- IRS Installment Plans - We secure manageable IRS-approved repayment plans.
- Tax Debt Settlement - Settle your tax debt for a fraction of 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 burden that comes with managing your financial records? Let us handle the figures while you focus on scaling your business.
Our team of professional bookkeepers ensures your finances are always in order, helping you meet regulatory standards, gain financial clarity, and improve transparency.
Take the first step towards financial peace today. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747