Online Bookkeeping Services Hurstville
Your financial records are the foundation of your business’s prosperity. Accurate 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
Certified QuickBooks Bookkeepers
Managing your financial records should not be a stressful task, it should be a pathway to your success. We specialize in helping startups and NGOs stay financially secure and legally aligned. Our team of accredited and licensed experts work seamlessly to ensure your books are error-free, structured, and up-to-date.
We know you have plenty to check off on your daily tasks, and worrying about finances shouldn’t be one of them. We handle your transactions with care, giving you the clarity and confidence to focus on what truly counts, your organization’s growth.
- Professional Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Highly Knowledgeable
- Top Notch Customer Service
Whether you are a startup navigating your first year 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 outset helps you work efficiently, prevents costly mistakes, and ensures you have a clear financial picture. We manage the entire setup process, ensuring your QuickBooks system is configured for accuracy, efficiency, and long-term success.
How We Help:
Customized Chart of Accounts - We customize your chart of accounts to fit your company’s setup, making it easy to track earnings, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automated transaction imports and real-time reconciliation.
- Smart Categorization Rules - We configure intelligent financial tagging to maintain consistency and error-free processing in your records, cutting down on repetitive tasks.
- Training & Support - We walk you through your QuickBooks setup, ensuring you grasp how to navigate it effectively for your daily business transactions.
A well-organized, accurate QuickBooks system that makes financial management easier, improves productivity, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many organizations fall behind on their books. Whether you're several months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your records back on track, properly balanced, and audit-ready.
What We Offer:
- Review & Correct Past Transactions - We identify and fix unintentional duplicates, incorrect categorizations, and overlooked expenses to ensure accuracy.
- Bank & Credit Card Reconciliation - We match your accounts, balancing 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 reflect your true financial position.
- Overdue Invoices & Bill Management - We organize pending invoices and bills, helping you regain control over 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}.
Clean, accurate books give you full visibility into your finances and position your business for growth.
We will take care of organizing 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 transparent view of your finances, making tax season a smooth experience and giving you the insights you need to understand your business’s performance.
We will make sure all your financial 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 aligns. This keeps your financial records error-free and prevents any oversights.
Struggling with overdue bills, unpaid invoices, or missed bill deadlines? We simplify your incoming and outgoing payments processes, ensuring your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle categorization, recording, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, billing, sending statements, reconciling, and reporting.
No more missed payments or outstanding debt. Your financial health will be steady, organized, and stress-free.
We handle all the complex processes 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 monthly financial reports. These reports give you a clear insight into your business’s performance.
Every month, we offer a customized consultation to review your financials and give you growth recommendations. Whether it’s optimizing expenses, improving working capital, 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 custom solutions based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeepers In Dianella and Virtual Bookkeepers In Campsie
Our Process
Our bookkeeping services kick off 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 requirements and objectives.
What We Do:
Assess Your Current Financial Situation: We will review your current bookkeeping practices, software, and financial records (if available). This helps us understand any inefficiencies in your system.
Determine Your Financial Requirements: 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 recordkeeping.
Understand Your Goals: We ask questions to better understand your immediate and future objectives. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need regular financial reports for stakeholders?
Personalized Plan: Based on the insights gathered, we will propose a bookkeeping strategy that’s customized to your needs.
Discuss Payment Terms: 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 security.
Establish Your Bookkeeping Infrastructure:
- Chart of Accounts: We create a tailored chart of accounts.
- Bank Linking: We connect your payment platforms for real-time updates.
- Invoice and Payment Setup: We customize payment options.
- Data Migration: If applicable, we securely migrate historical financial data.
Training and Onboarding: We provide training sessions.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we take over the day-to-day bookkeeping tasks.
What We Do:
Expense Classification
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice 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 ongoing advisory services.
What We Do:
Review Monthly Reports
Monitor Financial Performance
Strategic Advice
Client Assistance
Proactive Financial Advice
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the cornerstone of your business’s success. Whether you need to plan strategically, attract investors, or stay audit-ready, we deliver meticulously prepared, 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, outflows, and net income so you can track performance, recognize opportunities, 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 your expense distribution, so you can keep finances under control and prevent financial gaps.
- 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 funding bodies to help you win grants.
Accurate financial statements increase trust among investors, strengthen financial security, and help you make data-driven decisions that ensure scalability.
A solid financial plan is the foundation 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.
How We Help:
- Annual & Monthly Budgeting - Data-backed financial plans built around previous financial data, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Comprehensive projections that help you anticipate future financial needs, ensuring steady growth.
- 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 actual financial performance to keep you on track.
Proactive budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to achieve financial stability.
Profitability doesn’t guarantee financial stability, cash flow does. We help you manage your cash flow effectively so you can meet financial obligations, pay employees, and invest in growth.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to improve cash flow.
- Expense Tracking & Cost Control - Identify inefficiencies, cut non-essential costs, and increase profitability.
- Emergency Fund Planning - Establish financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.
Uncontrolled cash flow is one of the leading reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Errors in payroll can lead to unhappy employees, tax penalties, and legal trouble. We manage your payroll, ensuring your team gets paid correctly, punctually, and in complete alignment with regulations.
What We Offer:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Precise tax withholding to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, retirement plans, and extra hours compensation.
- Payroll Audits & Compliance Checks - Regular payroll inspections to identify mistakes, avoid penalties, and adhere to labor laws.
A error-free payroll system keeps your employees happy, safeguards your business, and ensures compliance.
Audits can be stressful, 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 meet audit requirements.
- Internal Controls Assessment - Identify financial discrepancies, errors, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to track restricted funds and meet grantor requirements.
- IRS & Tax Audit Support - Full record-keeping, representation, 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.
Being proactive with audits minimizes anxiety, keeps you legally secure, and protects your business from costly penalties.
Beyond financial tracking and compliance, we provide expert advice to help you improve earnings, secure funding, and make smarter business decisions.
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 retain more profits.
- Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to attract investors or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on fundraising, donor engagement, and cost-effective financial management to ensure financial longevity.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a key part of your financial well-being. 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 entrepreneur, nonprofit, or a freelancer, we file accurate returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you retain more of your profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring out-of-state workers? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for faster processing and no delays.
Taxes done right 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 compliant, and strategically structured to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; we proactively develop strategies 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 identify 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.
Proactive tax management means reduced expenses, better financial outcomes, and less stress during tax season.
Filing your taxes shouldn’t be stressful. We make it hassle-free while ensuring you get the biggest tax return 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 find every write-off and credit to reduce what you owe and boost your refund.
- Retirement & Investment Tax Planning - We help you save for retirement while minimizing tax impact.
- Property Tax Benefits - From mortgage interest to capital gains, we ensure real estate maximizes your savings.
- Education & Child Tax Credits - Got kids? We ensure you claim every available tax break.
More money in your pocket, no tax season stress.
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 sales tax collection, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure correct tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our automated filing services.
- W-2 & 1099 Reporting - We handle W-2s, 1099s, and payroll tax deductions with accuracy.
Remain IRS-compliant, avoid fines, and protect your financial future.
If the IRS comes knocking, you don’t have to deal with it by yourself. We handle IRS challenges, audits, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We recreate your documents and prove compliance.
- Penalty & Interest Negotiation - We negotiate down or minimize IRS penalties and charges.
IRS audits are stressful, but we ensure you’re protected and get the best possible outcome.
Struggling with back taxes or tax debts? We work on your behalf to reduce what you owe 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 less than the original amount.
Stop IRS collections, asset seizures, and legal trouble. We secure the most favorable outcome for you.
Start Your Journey Today
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the stress that comes with managing your financial records? Let us handle the figures while you focus on making an impact.
Our team of financial specialists ensures your finances are always in order, helping you meet regulatory standards, optimize your resources, and reach your goals.
Take the first step towards financial clarity today. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747