Virtual Bookkeeping Services Kew
Your accounting records are the foundation of your business’s success. Proper bookkeeping ensures you’re always prepared for tax filings, investment opportunities, and important business decision-making. 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 hassle, it should be a pathway to your success. We specialize in helping startups and nonprofits stay financially secure and in line with regulations. Our team of accredited and licensed experts work diligently to ensure your books are precise, 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 care, giving you the clarity and peace of mind to focus on what truly counts, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Expert Knowledge
- Exceptional Client Support
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 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 correctly from the start saves you time, prevents costly mistakes, and ensures you have a accurate view of your finances. We take care of the entire setup process, ensuring your QuickBooks system is set up for error-free operation, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to match your organizational needs, making it easy to track earnings, expenses, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your banking information to QuickBooks, enabling automatic transaction imports and real-time reconciliation.
- Smart Categorization Rules - We configure intelligent financial tagging to ensure consistency and accuracy in your records, cutting down on repetitive tasks.
- Training & Support - We walk you through your QuickBooks setup, ensuring you fully comprehend how to use it effectively for your routine business transactions.
A streamlined, error-free QuickBooks system that simplifies bookkeeping, reduces workload, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many companies find it challenging to maintain their financial records. Whether you're several months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your financial data back on track, properly balanced, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct repeated transactions, misclassified expenses, and unrecorded payments to ensure accuracy.
- Bank & Credit Card Reconciliation - We reconcile your accounts, aligning QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We fix errors in your balance sheet and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending invoices and expenses, helping you regain control over your cash flow.
- Audit-Ready Books - We ensure your financial records are IRS-ready, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Well-maintained, fully reconciled books provide needed financial clarity and set you up for future success.
We will take care of sorting your transactions and categorizing them correctly for your financial statements. This means no more guesswork when it comes to your spending and revenue. 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 performance.
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 is accurate. This keeps your financial records up-to-date and prevents any oversights.
Struggling with late payments, outstanding balances, or forgotten due dates? We simplify your incoming and outgoing payments processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle coding, recording, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage classification and posting cash receipts, billing, sending statements, matching transactions, and reporting.
No more late fees or outstanding debt. Your financial health will be steady, 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 Statement of Financial Position, 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 financial health.
Every month, we offer a personalized consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, 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 Online Bookkeepers In Northcote and Online Bookkeeping Services Geelong
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:
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 structure, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is expense tracking 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 filings? Do you need regular financial reports for board members?
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 scalability.
Set Up Your System:
- Chart of Accounts: We create a customized chart of accounts.
- Bank Account Integration: We connect your payment platforms for seamless reconciliation.
- Invoicing System: We customize payment options.
- Record 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:
Income & Expense Categorization
Bank and Credit Card Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Financial Clean-Up
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
Review Financial Health
Make Recommendations
Dedicated Support
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the foundation of your company’s growth. Whether you need to plan strategically, secure funding, or meet regulatory requirements, we deliver meticulously prepared, fully compliant financial statements that provide a clear picture of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your earnings, expenses, and profits so you can measure growth, identify trends, and adjust strategies.
- Balance Sheet - A clear overview of your assets, debts, and equity, helping you understand where your business stands financially.
- Cash Flow Statement - See exactly your revenue sources and your expense distribution, so you can keep finances under control and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We assess 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 funding bodies to help you raise capital.
Reliable financial statements increase trust among investors, minimize uncertainties, and help you make data-driven decisions that ensure scalability.
A solid financial plan is the backbone to business growth and financial stability. We create tailored budgets and forecasts to help you align with your goals, mitigate risks, and steer your business with confidence.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around past performance, market standards, and long-term vision.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for 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 - Regular comparisons between your financial projections and current financial performance to adjust strategies proactively.
Effective budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to scale sustainably.
Generating revenue doesn’t ensure financial stability, cash flow does. We help you manage your cash flow proactively so you can meet financial obligations, pay employees, and scale your business.
How We Help:
- 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 strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase profitability.
- Emergency Fund Planning - Establish financial reserves to shield your company from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always ready to expand.
Poor cash flow management is one of the biggest reasons businesses fail, our expertise protects your company from this risk.
Errors in payroll can lead to unhappy employees, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid without errors, on time, and in complete alignment with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Seamless handling of wages, contractor payments, and automatic deposits.
- Federal & State Payroll Tax Withholding - Error-free tax deductions 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 medical coverage, retirement plans, and overtime pay.
- Payroll Audits & Compliance Checks - Routine payroll evaluations to catch errors, avoid penalties, and maintain legal standing.
A error-free payroll system ensures employee satisfaction, shields you from lawsuits, and keeps you in good standing with labor laws.
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 pass audits with ease.
- Internal Controls Assessment - Identify financial discrepancies, errors, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for nonprofits to track restricted funds and meet grantor requirements.
- IRS & Tax Audit Support - Full documentation, expert guidance, and compliance guidance 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 reduces stress, ensures compliance, and shields your organization from costly penalties.
Beyond bookkeeping and compliance, we provide expert advice to help you improve earnings, get financing, and enhance decision-making.
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 retain more profits.
- 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 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 just 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 you avoid that.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or a freelancer, we file precise returns to keep you compliant and stress-free.
- Optimized Tax Savings - We uncover every tax break you’re entitled to, so you keep more of your hard-earned money.
- 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 faster processing and no delays.
Taxes done correctly mean bigger tax refunds, 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 properly set up 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 pick the best structure to save on taxes.
- IRS Regulation Monitoring - 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.
Smart tax planning means reduced expenses, better financial outcomes, and less stress during tax season.
Filing your taxes shouldn’t be overwhelming. We simplify the process 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.
- Maximized Refunds - We identify every write-off and credit to reduce what you owe and increase your refund.
- 401(k), IRA & Investment Tax Strategies - We help you build wealth while keeping taxes low.
- Property Tax Benefits - From home deductions to rental income strategies, we ensure real estate works in your favor.
- Family Tax Benefits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, no tax season stress.
Sales and payroll 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 nexus requirements.
- Accurate Payroll Tax Processing - Ensure error-free tax withholdings for staff and freelancers.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our automated filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, 1099s, and payroll tax deductions with precision.
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 tax disputes, tax examinations, and IRS communications on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS communications and defend your tax filings.
- Financial Document Reconstruction - Missing financial records? We recreate your documents and prove compliance.
- IRS Fine Reduction - We work to reduce or eliminate IRS penalties and charges.
IRS audits are stressful, but we ensure you’re covered and secure a favorable resolution.
Overwhelmed by unpaid taxes or IRS penalties? We work on your behalf to reduce what you owe and get you back on track.
What We Do:
- Past-Due Tax Return Assistance - Get caught up and regain compliance.
- IRS Installment Plans - We secure manageable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for less than the original amount.
Avoid wage garnishments, asset seizures, and legal trouble. We fight for the best possible resolution 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 books while you focus on growing your business.
Our team of financial specialists ensures your finances are always in order, helping you meet regulatory standards, optimize your resources, and achieve financial clarity.
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