Online Bookkeeping Services Mackay
Your accounting records are the cornerstone of your business’s success. Accurate 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 Bookkeepers
Managing your financial accounts 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 specialists work seamlessly to ensure your financial records are accurate, organized, and up-to-date.
We know you have a lot to check off on your daily tasks, and stressing over finances shouldn’t be one of them. We handle your finances with accuracy, giving you the clarity and peace of mind to focus on what truly counts, your company’s success.
- Certified Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Expert Knowledge
- Dedicated Customer Care
Whether you are a new business navigating your first year or a bit down the line with your business, our team of experts ensures that your books are always accurate. Your time is valuable, and your business deserves the best. Partner with Digitally Precise Bookkeeping and experience the benefits 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 take care of 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 match your business structure, making it effortless to track earnings, spending, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your financial accounts to QuickBooks, enabling automatic transaction imports and real-time financial tracking.
- Smart Categorization Rules - We configure transaction categorization rules to maintain uniformity and accuracy in your records, cutting down on repetitive tasks.
- Training & Support - We guide you through your QuickBooks setup, ensuring you grasp how to use it efficiently for your ongoing business transactions.
A streamlined, accurate QuickBooks system that makes financial management easier, saves time, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many businesses fall behind on their books. Whether you're a few months or even years behind, we specialize in bringing your books up to date to get your financial accounts back on track, accurate, and tax-compliant.
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 match your accounts, synchronizing QuickBooks records with bank and credit card statements to ensure consistency.
- Financial Report Adjustments - We correct mistakes in your financial statement and P&L statements to reflect your true financial position.
- Overdue Invoices & Bill Management - We manage outstanding invoices and expenses, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your records are aligned with regulations, fully reconciled, and prepared for investors, banks, or {audits||compliance checks}.
Clean, accurate books provide needed financial clarity 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 revenue. You will get a clear 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 banking 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 is accurate. This keeps your financial records accurate and prevents any mistakes.
Struggling with overdue bills, unpaid invoices, or missed bill deadlines? We streamline your accounts payable and receivable processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle coding, logging, expense settlement (with explicit approval), reconciliation, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, billing, sending statements, matching transactions, and reporting.
No more late fees or overdue invoices. Your financial health will be steady, organized, and stress-free.
We handle all the tedious tasks when it comes to your financial statements. From tracking your Income Statement to managing your Financial Position, we ensure everything is organized. Stay informed with our regular financial reports. These reports give you a comprehensive view into your business’s profitability.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s reducing costs, improving liquidity, 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 unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Solutions Greystanes and Virtual Bookkeeping Services Auburn
Our Process
Our bookkeeping services start 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 requirements and objectives.
What We Do:
Analyze Your Current Financial Health: We will review your financial processes, software, and financial records (if available). This helps us understand any discrepancies in your system.
Identify Your Financial Needs: Based on your structure, industry, and growth stage, we will identify the critical aspects where bookkeeping support is needed, whether it is expense management or financial analysis.
Understand Your Goals: We ask questions to better understand your business aspirations. Do you want to enhance cash flow? Are you preparing for compliance reporting? Do you need detailed statements 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 service rates, 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.
- Automated Bank Sync: We connect your bank accounts for seamless reconciliation.
- Invoicing System: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: We provide training sessions.
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
Invoice Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Clean-Up/Catch-Up Work
Monthly Business Consultation
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
Ongoing Communication
Tax Compliance Updates
Troubleshooting
Growth Support
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, 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 transparent overview of your organization’s standing.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and net income so you can track performance, recognize opportunities, 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 your revenue sources and where it’s going, so you can maintain stability and eliminate cash flow surprises.
- Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to uncover opportunities and potential risks.
- Investor & Grant Reporting - Professionally prepared reports tailored for financial institutions, investors, and philanthropic organizations to help you secure funding.
Accurate financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that drive growth.
A well-structured financial plan is the backbone to business growth and financial stability. We create tailored budgets and forecasts to help you align with your goals, anticipate challenges, and optimize resource allocation.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans based on past performance, market standards, and long-term vision.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring financial preparedness.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Regular comparisons between your planned budget and real-world financial performance to keep you on track.
Proactive budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Profitability doesn’t ensure financial stability, steady cash flow is the real key. We help you take control of your cash flow effectively so you can meet financial obligations, compensate your team, 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 improve cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and maximize financial efficiency.
- Emergency Fund Planning - Build 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.
Uncontrolled cash flow is one of the biggest reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to dissatisfied workers, tax penalties, and regulatory violations. We handle payroll for you, ensuring your team gets paid without errors, punctually, and in complete alignment with regulations.
How We Help:
- Payroll Processing & Direct Deposits - Seamless handling of salaries, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business compliant.
- Quarterly & Annual Tax Filings - We handle all necessary payroll forms, including W-2s, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of health benefits, retirement plans, and extra hours compensation.
- Payroll Audits & Compliance Checks - Routine payroll reviews to identify mistakes, avoid penalties, 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.
What We Do:
- Audit-Ready Financial Statements - Ensure all your financial reports pass audits with ease.
- Internal Controls Assessment - Identify vulnerabilities, errors, and policy violations 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 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.
Being proactive with audits eliminates last-minute panic, 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 make smarter business decisions.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and reduce expenses for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine your tax strategy to reduce tax burdens and retain more profits.
- Investment Preparation & Funding Strategy - 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 surviving to thriving.
Our Tax Services
Taxes aren’t just a annual task, they’re a key part of your financial well-being. 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 self-employed, we file precise returns to keep you compliant and stress-free.
- Maximized Deductions & Credits - 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 in multiple states? Hiring out-of-state workers? We ensure hassle-free 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 complete peace of mind.
Lack of strategic tax planning costs businesses a fortune 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 develop strategies to minimize 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.
- IRS Regulation Monitoring - IRS rules are constantly changing, and we ensure you remain compliant.
- Expense Optimization & Write-Off Strategies - We find deductions often overlooked by companies.
- Industry-Specific Tax Breaks - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means lower costs, 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:
- Personalized Tax Return Filing - Whether you’re a W-2 employee, investor, or business owner, we handle your taxes with precision.
- Optimized Tax Savings - We find every deduction and credit to minimize your tax liability and boost your refund.
- Retirement & Investment Tax Planning - We help you build wealth while minimizing tax impact.
- Homeowner & Real Estate Tax Optimization - From home deductions to rental income strategies, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you maximize every available tax break.
More money in your pocket, less time worrying.
Sales and payroll 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, reporting, and multi-state compliance.
- Accurate Payroll Tax Processing - Ensure error-free tax withholdings for employees and freelancers.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our automated filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with precision.
Stay compliant, prevent penalties, and protect your financial future.
Facing an IRS audit?, 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 rebuild your documents and support your claims.
- Penalty & Interest Negotiation - We work to reduce or minimize IRS fees and interest.
IRS audits are stressful, but we ensure you’re protected and secure a favorable resolution.
Struggling with back taxes or IRS penalties? We work on your behalf to reduce what you owe 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, asset seizures, and financial stress. We secure the most favorable outcome for you.
Schedule Your Free Consultation
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the stress that comes with managing your financial records? Let us handle the books while you focus on scaling your business.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you meet regulatory standards, gain financial clarity, and achieve financial clarity.
Take the first step towards financial clarity today. Schedule your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747