Digital Bookkeeping Solutions Southport, Newfoundland and Labrador
Your accounting records are the cornerstone of your business’s growth. 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 Experts
Managing your financial accounts should not be a hassle, it should be a stepping stone to your financial stability. We specialize in helping startups and nonprofits stay financially secure and compliant. Our team of certified and licensed specialists work efficiently to ensure your financial records are error-free, organized, and up-to-date.
We know you have much to tick off on your to-do list, and worrying about finances shouldn’t be one of them. We handle your finances with accuracy, giving you the clarity and confidence to focus on what truly counts, your organization’s growth.
- Qualified Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Industry Experts
- Exceptional Client Support
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 beginning saves you time, prevents costly mistakes, and ensures you have a clear financial picture. We take care of the entire setup process, ensuring your QuickBooks system is set up for accuracy, efficiency, and future growth.
What We Offer:
Customized Chart of Accounts - We tailor your chart of accounts to fit your company’s setup, making it easy to track income, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We connect your banking information to QuickBooks, enabling automatic data synchronization and real-time reconciliation.
- Smart Categorization Rules - We configure intelligent financial tagging to maintain 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 with confidence for your daily financial operations.
A streamlined, error-free QuickBooks system that makes financial management easier, reduces workload, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many companies fall behind on 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, properly balanced, and tax-compliant.
How We Help:
- Review & Correct Past Transactions - We identify and fix duplicate entries, incorrect categorizations, and overlooked expenses to ensure error-free records.
- Bank & Credit Card Reconciliation - We match your accounts, aligning QuickBooks records with bank and credit card statements to correct discrepancies.
- Financial Report Adjustments - We resolve errors in your balance sheet and P&L statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage outstanding invoices and expenses, helping you regain control over your business finances.
- Audit-Ready Books - We ensure your financial statements are IRS-ready, fully balanced, and prepared for investors, financial institutions, or {audits||compliance checks}.
Clean, accurate books give you full visibility into your finances and help you make informed decisions.
We will take care of organizing your transactions and categorizing them properly for your financial statements. This means no more inconsistencies when it comes to your expenses and income. You will get a clear view of your finances, making tax season a stress-free process 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 balanced. By reconciling your accounts every month, we catch any discrepancies early and ensure everything matches up. This keeps your financial records error-free and prevents any errors.
Struggling with delayed transactions, unpaid invoices, or missed bill deadlines? We streamline your incoming and outgoing payments processes, ensuring cash flow remains steady and predictable.
How We Help:
- Accounts Payable Services - We handle categorization, logging, expense settlement (with explicit approval), account balancing, and reporting.
- Accounts Receivable Management - We manage coding and recording incoming payments, billing, sending statements, verifying records, and reporting.
No more missed payments 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 Statement of Financial Position, we ensure everything is up-to-date. Stay informed with our monthly financial reports. These reports give you a clear picture into your business’s performance.
Every month, we offer a tailored consultation to review your financials and give you growth recommendations. Whether it’s cutting unnecessary spending, improving cash flow, or planning for the future, we will work with you to make sure your finances drive your success.
Can't find a service you need? We offer personalized packages based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeeping Services The Big Island, Ontario and Virtual Bookkeeping Services Portsmouth, England
Our Process
Our bookkeeping services begin with an comprehensive consultation. During this phase, we take the time to 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 current bookkeeping practices, software, and financial records (if available). This helps us understand any existing gaps in your system.
Identify Your Financial Needs: Based on your business model, industry, and growth stage, we will identify the key areas where bookkeeping support is needed, whether it is cost tracking or financial analysis.
Clarify Your Financial Objectives: We ask questions to better understand your short-term and long-term goals. Do you want to improve cash flow management? Are you preparing for tax filings? Do you need detailed statements for stakeholders?
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 business’s needs, we move on to establishing your bookkeeping system.
What We Do:
Choose the Right Accounting Software: We use QuickBooks Online, known for its user-friendly interface.
Establish Your Bookkeeping Infrastructure:
- COA Setup: We create a customized chart of accounts.
- Automated Bank Sync: We connect your payment platforms for real-time updates.
- Invoice and Payment Setup: We customize invoice templates.
- Record Migration: If applicable, we securely migrate historical financial data.
Software Training: We provide onboarding materials.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the day-to-day bookkeeping tasks.
What We Do:
Expense Classification
Financial Reconciliation
Financial Reporting
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Management
Clean-Up/Catch-Up Work
Monthly Strategy Sessions
Our commitment to your business doesn’t end with monthly reports. We offer dedicated assistance.
What We Do:
Review Monthly Reports
Review Financial Health
Improvement Suggestions
Ongoing Communication
Tax Compliance Updates
Troubleshooting
Growth Support
Payment Assistance
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 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 clarity today. Book your free consultation now and discover the power of precise bookkeeping!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747