Online Bookkeeping Services Lexington, KY
Your financial data are the foundation of your business’s growth. Accurate bookkeeping ensures you’re always prepared for tax season, grant applications, and critical decision-making moments. With Digitally Precise Bookkeeping, you will always know where your business stands financially.
About Us
Certified QuickBooks Bookkeepers
Managing your financial accounts should not be a stressful task, 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 error-free, structured, and up-to-date.
We know you have much to check off on your agenda, and stressing over finances shouldn’t be one of them. We handle your transactions with accuracy, giving you the clarity and confidence to focus on what truly counts, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Meticulous Approach
- Industry Experts
- Top Notch Customer Service
Whether you are a new business navigating your first year or a bit down the line with your business, our team of specialists ensures that your books are always in order. 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 the right way from the beginning helps you work efficiently, prevents costly mistakes, and gives you a accurate financial picture. We manage the entire setup process, ensuring your QuickBooks system is set up for precision, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to align with your company’s setup, making it effortless to track earnings, spending, assets, and liabilities with accuracy.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure automated sorting systems to ensure uniformity and accuracy in your books, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you grasp how to navigate it with confidence for your routine financial operations.
A well-organized, error-free QuickBooks system that simplifies bookkeeping, reduces workload, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses struggle to keep up with their books. Whether you're half a year or even multiple years behind, we specialize in clean-up and catch-up bookkeeping to get your financial data back on track, accurate, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct repeated transactions, incorrect categorizations, and missing transactions to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, aligning QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We correct mistakes in your balance sheet and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending payments and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully reconciled, and ready for investors, banks, or {audits||compliance checks}.
Well-maintained, fully reconciled 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 accurately for your financial statements. This means no more inconsistencies when it comes to your expenses and revenue. You will get a organized view of your finances, making tax season a breeze 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 accurate and prevents any errors.
Struggling with late payments, outstanding balances, or missed bill deadlines? We streamline your incoming and outgoing payments processes, ensuring you maintain financial stability.
How We Help:
- Accounts Payable Services - We handle classification, recording, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage classification and posting cash receipts, creating and sending invoices, sending statements, matching transactions, and reporting.
No more missed payments or outstanding debt. Your cash flow will be consistent, organized, and stress-free.
We handle all the tedious tasks 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 monthly financial reports. These reports give you a clear insight into your business’s financial health.
Every month, we offer a customized consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, improving liquidity, 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 Online Bookkeeping Services Kenmore, WA and Online Bookkeeping Solutions Penn Hills, PA
Our Process
Our bookkeeping services start with an comprehensive consultation. During this phase, we thoroughly 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:
Analyze Your Current Financial Health: We will review your existing accounting systems, software, and financial records (if available). This helps us understand any discrepancies in your system.
Determine Your Financial Requirements: Based on your business model, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is expense management 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 filings? Do you need ongoing reports for donors?
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 service rates, billing frequency, and payment methods.
Once we understand your business’s needs, 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 bank accounts for automatic transaction imports.
- Invoice and Payment Setup: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
User Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle the bookkeeping operations.
What We Do:
Transaction Categorization
Financial Reconciliation
Monthly Financial Statements
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Services
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
Review Financial Health
Strategic Advice
Client Assistance
Proactive Financial Advice
Troubleshooting
Scaling Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just figures in a report, they are the backbone of your company’s growth. Whether you need to make informed decisions, secure funding, or stay audit-ready, we deliver accurate, fully compliant financial statements that provide a clear picture of your company’s health.
What We Offer:
- 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 structured breakdown 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 spot areas for growth and potential risks.
- Investor & Grant Reporting - Meticulously structured reports customized for banks, investors, and grant agencies to help you win grants.
Well-prepared financial statements enhance credibility among investors, strengthen financial security, and help you steer your business toward success that ensure scalability.
A well-structured financial plan is the foundation to business growth and stability. We create tailored budgets and forecasts to help you align with your goals, anticipate challenges, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Structured financial plans built around historical trends, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Data-driven 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 - Ongoing comparisons between your financial projections and real-world financial performance to adjust strategies proactively.
Proactive budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to achieve financial stability.
Generating revenue doesn’t guarantee financial stability, cash flow does. We help you take control of your cash flow proactively so you can cover expenses, pay employees, and scale your business.
How We Help:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and better vendor payment strategies to enhance cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and maximize financial efficiency.
- Emergency Fund Planning - Build & strengthen financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business maintains healthy financial ratios and is always prepared for growth opportunities.
Uncontrolled cash flow is one of the biggest reasons businesses struggle, our expertise protects your company from this risk.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and legal trouble. We handle payroll for you, ensuring your team gets paid correctly, on time, and in complete alignment with government policies.
How We Help:
- Payroll Processing & Direct Deposits - Reliable handling of salaries, 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 employee tax reports, including year-end employee tax forms, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Accurate management of health benefits, pension deductions, and extra hours compensation.
- Payroll Audits & Compliance Checks - Scheduled payroll reviews to prevent issues, stay ahead of regulations, and adhere to labor laws.
A error-free payroll system keeps your employees happy, safeguards your business, 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.
What We Do:
- Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
- Internal Controls Assessment - Identify fraud risks, errors, and regulatory weaknesses before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to stay grant-compliant and meet funding guidelines.
- IRS & Tax Audit Support - Full record-keeping, representation, 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.
Staying audit-ready reduces stress, keeps you legally secure, and protects your business from costly penalties.
Beyond bookkeeping and regulatory adherence, we provide expert advice to help you increase profitability, get financing, and enhance decision-making.
What We Offer:
- Revenue and Expense Evaluation - 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 reduce tax burdens and increase savings.
- Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to attract investors or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, 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 annual 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 business owner, nonprofit, or a freelancer, we file precise returns to keep you compliant and worry-free.
- Optimized Tax Savings - We uncover all eligible deductions you’re entitled to, so you retain more of your profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring remote employees? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for quicker refunds and no delays.
Taxes done right mean more savings, fewer headaches, and complete peace of mind.
Lack of strategic 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:
- Ongoing Tax Planning - We don’t just file your taxes; 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 pick the best structure to maximize tax efficiency.
- IRS Regulation Monitoring - IRS rules change often, 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 tech, e-commerce, consulting, or nonprofits, we pinpoint financial benefits specific to your industry.
Smart tax planning means reduced expenses, higher profits, 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:
- Personalized Tax Return Filing - Whether you’re a salaried professional, investor, or business owner, we handle your taxes with precision.
- Maximized Refunds - We identify 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.
- Property Tax Benefits - From home deductions to rental income strategies, 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, 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:
- Sales Tax Registration & Filing - We manage sales tax collection, reconciliations, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for staff and freelancers.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our timely filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, 1099s, and payroll tax deductions with accuracy.
Remain IRS-compliant, prevent penalties, and protect your financial future.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle IRS challenges, tax examinations, and IRS communications on your behalf.
What We Do:
- Full-Service Audit Representation - 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.
- Penalty & Interest Negotiation - 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.
Overwhelmed by unpaid taxes or IRS penalties? We work on your behalf to settle your debts and restore your financial stability.
What We Do:
- Back Tax Filing & Compliance - File overdue returns and regain compliance.
- IRS Installment Plans - We negotiate affordable IRS-approved repayment plans.
- Tax Debt Settlement - Settle your tax debt for a fraction of the original amount.
Stop IRS collections, tax liens, 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 growing your organization.
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. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747