Online Bookkeeping Services Reisterstown, MD
Your financial data are the foundation of your business’s growth. Accurate bookkeeping ensures you’re always prepared for tax season, 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 in line with regulations. Our team of certified and licensed specialists work diligently to ensure your books are precise, organized, and up-to-date.
We know you have much to tick off on your to-do list, and stressing over finances shouldn’t be one of them. We handle your finances with care, giving you the clarity and confidence to focus on what truly matters most, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Highly Knowledgeable
- Top Notch Customer Service
Whether you are a startup navigating your initial phase 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 properly from the outset helps you work efficiently, reduces financial risks, and provides you with a accurate view of your finances. We handle the entire setup process, ensuring your QuickBooks system is set up 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 precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated data synchronization and real-time financial tracking.
- Smart Categorization Rules - We configure intelligent financial tagging to ensure uniformity and error-free processing 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 with confidence for your daily business transactions.
A well-organized, error-free QuickBooks system that makes financial management easier, saves time, and provides real-time financial clarity.
Behind on your bookkeeping? You’re not alone. Many organizations struggle to keep up with 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 data back on track, accurate, and audit-ready.
How We Help:
- 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 fix errors in your financial statement and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We track pending invoices and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are aligned with regulations, fully balanced, and ready for investors, lenders, or {audits||compliance checks}.
Well-maintained, fully reconciled books offer transparency 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 confusion when it comes to your expenses and income. You will get a transparent view of your finances, making tax season a stress-free process 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 errors early and ensure everything aligns. This keeps your financial records up-to-date and prevents any errors.
Struggling with late payments, unpaid invoices, 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 coding, logging, expense settlement (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and logging deposits, creating and sending invoices, sending statements, verifying records, and reporting.
No more missed payments or overdue invoices. Your financial health will be steady, well-managed, and hassle-free.
We handle all the tedious tasks 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 tailored consultation to review your financials and give you strategic advice. 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 unique needs. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Services North La Crosse, WI and Virtual Bookkeeping Solutions Bellview, FL
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 challenges 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.
Identify Your Financial Needs: Based on your operations, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is cost tracking or financial analysis.
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 ongoing reports for stakeholders?
Tailored Strategy: Based on the insights gathered, we will propose a bookkeeping strategy that’s tailored 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 establishing your bookkeeping system.
What We Do:
Choose The Right Cloud-Based Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a personalized chart of accounts.
- Automated Bank Sync: We connect your bank accounts for real-time updates.
- Invoice and Payment Setup: We customize billing structures.
- Data 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 take over the ongoing bookkeeping processes.
What We Do:
Expense Classification
Financial 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 Financial Reports
Review Financial Health
Improvement Suggestions
Ongoing Communication
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 stay audit-ready, we deliver precise, audit-ready financial statements that provide a transparent overview of your organization’s standing.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your revenue, outflows, and profits so you can measure growth, spot patterns, and enhance profitability.
- Balance Sheet - A structured breakdown of your resources, 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 maintain stability and avoid cash shortages.
- Financial Ratios & KPI Analysis - We assess key metrics like profit margins and liquidity ratios to spot areas for growth and red flags.
- Investor & Grant Reporting - Meticulously structured reports tailored for financial institutions, investors, and philanthropic organizations to help you win grants.
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 stability. We create customized budgets and forecasts to help you stay on track, mitigate risks, and optimize resource allocation.
What We Offer:
- Annual & Monthly Budgeting - Detailed financial plans built around historical trends, industry benchmarks, and long-term vision.
- Revenue & Expense Forecasting - Comprehensive projections that help you prepare for future financial needs, ensuring sustainable cash flow.
- 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 adjust strategies proactively.
Strategic budgeting and forecasting give you financial confidence, minimize unexpected shortfalls, and allow you to grow with confidence.
Profitability doesn’t guarantee financial stability, steady cash flow is the real key. We help you take control of your cash flow proactively so you can stay operational, handle payroll, and scale your business.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to ensure financial security and maintain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and efficient payables management to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Establish financial reserves to protect your business 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 leading reasons businesses shut down, our expertise ensures yours doesn’t.
Payroll mismanagement can lead to unhappy employees, tax penalties, and regulatory violations. We take payroll off your plate, ensuring your team gets paid without errors, on time, and in full compliance with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Effortless handling of employee pay, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Accurate tax calculations to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including year-end employee tax forms, 1099s, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, 401(k) contributions, and labor law requirements.
- Payroll Audits & Compliance Checks - Scheduled payroll inspections to prevent issues, avoid penalties, and adhere to labor laws.
A error-free payroll system ensures employee satisfaction, safeguards your business, and maintains regulatory adherence.
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 Offer:
- Audit-Ready Financial Statements - Ensure all your financial reports are accurate and compliant.
- Internal Controls Assessment - Identify vulnerabilities, inaccuracies, and compliance gaps before they become major issues.
- Nonprofit & Grant Compliance Audits - Specialized support for charities to stay grant-compliant and meet grantor requirements.
- IRS & Tax Audit Support - Full record-keeping, expert guidance, and IRS communication support 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 eliminates last-minute panic, keeps you legally secure, and protects your business from costly penalties.
Beyond bookkeeping and compliance, we provide professional financial insights to help you increase profitability, 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 increase savings.
- Investment Preparation & Funding Strategy - Prepare professional financial reports and presentations to attract investors or secure business loans with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure long-term stability.
The right financial strategy can take your business from stagnant to expanding.
Our Tax Services
Taxes aren’t simply a annual task, they’re a critical part of your overall finances. 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 business owner, nonprofit, or self-employed, we file accurate returns to keep you penalty-free and worry-free.
- Maximized Deductions & Credits - 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 across state lines? 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 correctly 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 compliant, and strategically structured to reduce your liabilities.
What We Do:
- Year-Round Tax Strategy - We don’t just handle tax returns; 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 are constantly changing, and we ensure you stay ahead.
- Expense Optimization & Write-Off Strategies - We find 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 lower costs, better financial outcomes, and less stress during tax season.
Tax preparation shouldn’t be overwhelming. 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 high-income earner, we handle your taxes with expertise.
- Maximized Refunds - We identify every deduction and credit to minimize your tax liability and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while minimizing tax impact.
- Homeowner & Real Estate Tax Optimization - From home deductions 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, 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, reconciliations, and nexus requirements.
- Payroll Tax Management - Ensure correct tax withholdings for employees and contractors.
- Scheduled Tax Filings - Stay ahead of compliance requirements with our timely filing services.
- Employee & Contractor Tax Compliance - We handle W-2s, freelancer tax documents, and payroll tax deductions with accuracy.
Stay compliant, prevent penalties, and protect your financial future.
Facing an IRS audit?, you don’t have to deal with it by yourself. We handle tax disputes, audits, and IRS communications on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence 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 eliminate IRS fees and charges.
Tax audits can be overwhelming, but we ensure you’re protected and get the best possible outcome.
Struggling with back taxes or tax debts? We negotiate with the IRS to reduce what you owe and get you back on track.
What We Do:
- Back Tax Filing & Compliance - Get caught up and regain compliance.
- Flexible Payment Arrangements - We negotiate manageable monthly payment options.
- Offer in Compromise (OIC) Assistance - Reduce what you owe for less than the original amount.
Avoid wage garnishments, asset seizures, and financial stress. 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 scaling your business.
Our team of certified bookkeeping experts ensures your finances are always in order, helping you remain tax-compliant, 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