Online Bookkeeping Services Spokane Valley, WA
Your financial data are the backbone of your business’s prosperity. Proper bookkeeping ensures you’re always prepared for tax season, 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 financial accounts should not be a burden, it should be a pathway to your success. We specialize in helping startups and charitable organizations stay financially secure and compliant. Our team of certified and licensed experts work seamlessly to ensure your financial records are error-free, 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 financial records with accuracy, giving you the clarity and peace of mind to focus on what truly counts, your company’s success.
- Qualified Bookkeepers & Licensed CPAs
- Detail-Oriented Professionals
- Highly Knowledgeable
- Top Notch Customer Service
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 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 correctly from the outset saves you time, avoids expensive errors, 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.
How We Help:
Customized Chart of Accounts - We customize your chart of accounts to align with your company’s setup, making it easy to track income, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We sync your financial accounts to QuickBooks, enabling automated transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to maintain uniformity and error-free processing in your books, cutting down on repetitive tasks.
- Training & Support - We guide you through your QuickBooks setup, ensuring you understand how to use it efficiently for your ongoing business transactions.
A streamlined, accurate QuickBooks system that makes financial management easier, reduces workload, 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 multiple years behind, we specialize in bringing your books up to date to get your financial accounts back on track, properly balanced, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct unintentional duplicates, misclassified expenses, and unrecorded payments to ensure accuracy.
- Bank & Credit Card Reconciliation - We match your accounts, balancing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We resolve mistakes in your financial statement and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We organize pending invoices and bills, helping you stay on top of your business finances.
- Audit-Ready Books - We ensure your financial statements are tax-compliant, fully reconciled, and prepared for investors, lenders, or {audits||compliance checks}.
Clean, fully reconciled books offer transparency and position your business for growth.
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 expenses and income. You will get a clear 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 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 mismatches early and ensure everything matches up. This keeps your financial records up-to-date and prevents any mistakes.
Struggling with late payments, outstanding balances, or forgotten due dates? We streamline your accounts payable and receivable processes, ensuring your finances stay consistent and stress-free.
How We Help:
- Accounts Payable Services - We handle classification, posting, expense settlement (upon authorization), account balancing, and reporting.
- Accounts Receivable Management - We manage categorization and recording incoming payments, billing, sending statements, verifying records, and reporting.
No more missed payments or outstanding debt. Your cash flow will be consistent, 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 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 growth recommendations. Whether it’s reducing costs, improving cash flow, 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 personalized packages based on your specific requirements. Reach out to us today for more information.
Some of our other service areas include Virtual Bookkeeping Solutions Sunrise, FL and Online Bookkeeping Services Herrington, WI
Our Process
Our bookkeeping services begin with an comprehensive consultation. During this phase, we take the time to 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 existing accounting systems, 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 primary sections where bookkeeping support is needed, whether it is expense management or recordkeeping.
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 ongoing reports for stakeholders?
Customization: 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 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 customized chart of accounts.
- Bank Account Integration: We connect your credit cards for seamless reconciliation.
- Invoicing System: We customize payment options.
- Data Migration: If applicable, we securely transfer historical financial data.
User Training: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we manage the bookkeeping operations.
What We Do:
Transaction Categorization
Bank and Credit Card Reconciliation
Financial Reporting
- 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 ongoing advisory services.
What We Do:
Review Financial Reports
Review Financial Health
Improvement Suggestions
Client Assistance
Tax Compliance Updates
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just data in a spreadsheet, they are the cornerstone of your company’s growth. Whether you need to make informed decisions, attract investors, or meet regulatory requirements, we deliver meticulously prepared, audit-ready financial statements that provide a transparent overview of your business’s financial position.
What We Offer:
- Profit & Loss Statement (Income Statement) - Get a comprehensive summary of your revenue, outflows, and profits so you can measure growth, identify trends, and adjust strategies.
- Balance Sheet - A clear overview of your resources, debts, 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 keep finances under control and avoid cash shortages.
- Financial Ratios & KPI Analysis - We evaluate key indicators like profit margins and liquidity ratios to uncover opportunities and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports designed for financial institutions, investors, and funding bodies to help you win grants.
Well-prepared financial statements enhance credibility among investors, reduce financial risk, and help you make data-driven decisions that accelerate expansion.
A well-structured financial plan is the key to business growth and 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 - Data-backed financial plans built around previous financial data, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Data-driven projections that help you anticipate future financial needs, ensuring sustainable cash flow.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and realistic-case financial models to prepare your business for uncertainties.
- Budget vs. Actual Performance Tracking - Ongoing comparisons between your planned budget and real-world financial performance to keep you on track.
Effective budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to grow with confidence.
Generating revenue doesn’t ensure financial stability, cash flow does. We help you manage your cash flow effectively so you can cover expenses, handle payroll, and scale your business.
What We Offer:
- Cash Flow Projections - Immediate and future forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Accelerated payments from clients and efficient payables management to strengthen cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, reduce financial waste, and increase profitability.
- Emergency Fund Planning - Build financial reserves to shield your company from unforeseen challenges.
- Liquidity & Solvency Planning - Ensure your business sustains healthy financial ratios and is always positioned for scaling.
Poor cash flow management is one of the top reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to frustrated staff, tax penalties, and compliance issues. We handle payroll for you, ensuring your team gets paid without errors, on time, and in full compliance with legal requirements.
What We Offer:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and electronic payments.
- Federal & State Payroll Tax Withholding - Accurate tax deductions to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all payroll-related tax documents, including W-2s, 1099s, and quarterly tax returns.
- Benefits, Deductions & Overtime Compliance - Proper management of medical coverage, 401(k) contributions, and labor law requirements.
- Payroll Audits & Compliance Checks - Regular payroll inspections to catch errors, avoid penalties, and maintain legal standing.
A error-free payroll system ensures employee satisfaction, shields you from lawsuits, and ensures compliance.
Audits can be overwhelming, 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 financial discrepancies, inaccuracies, and policy violations 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 paperwork preparation, expert guidance, and compliance guidance if you’re audited.
- Pre-Audit Preparation & Risk Mitigation - We analyze your books to spot potential red flags before an audit begins.
Maintaining audit preparedness eliminates last-minute panic, ensures compliance, and protects your business from costly penalties.
Beyond financial tracking and compliance, we provide professional financial insights to help you increase profitability, get financing, and make smarter business decisions.
What We Offer:
- Profitability & Cost Analysis - Identify opportunities to boost revenue and cut unnecessary costs 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.
- Funding & Investor Readiness - Prepare comprehensive financial reports and presentations to attract investors or obtain funding with confidence.
- Financial Sustainability for Nonprofits - Expert guidance on grant funding, donor engagement, and efficient budgeting to ensure financial longevity.
The right financial strategy can take your business from stagnant to thriving.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a critical part of your financial well-being. Filing mistakes 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 entrepreneur, 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 profits.
- Multi-State & Remote Worker Compliance - Doing business in multiple states? Hiring out-of-state workers? We ensure smooth tax compliance.
- Fast & Secure E-Filing - Get your taxes submitted electronically for quicker refunds 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 compliant, and strategically structured to reduce your liabilities.
What We Do:
- Ongoing Tax Planning - We don’t just handle tax returns; we proactively plan ways to minimize 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 are constantly changing, and we ensure you stay ahead.
- Expense Optimization & Write-Off Strategies - We identify deductions most businesses miss.
- Tailored Tax Strategies - Whether you’re in tech, e-commerce, consulting, or nonprofits, we pinpoint tax advantages specific to your industry.
Smart tax planning means lower costs, higher profits, and less stress during tax season.
Tax preparation shouldn’t be stressful. 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 business owner, we handle your taxes with expertise.
- Maximized Refunds - We identify every deduction and credit to reduce what you owe and increase your refund.
- Retirement & Investment Tax Planning - We help you save for retirement while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From home deductions to capital gains, we ensure real estate maximizes your savings.
- Family Tax Benefits - Got kids? We ensure you claim every available tax break.
More money in your pocket, no tax season stress.
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 sales tax collection, reconciliations, and nexus requirements.
- Accurate Payroll Tax Processing - Ensure correct tax withholdings for employees and contractors.
- Scheduled Tax Filings - Stay ahead of deadlines with our automated filing services.
- W-2 & 1099 Reporting - We handle employee tax forms, freelancer tax documents, and payroll tax deductions with accuracy.
Remain IRS-compliant, avoid fines, and protect your financial future.
Facing an IRS audit?, you don’t have to face them alone. We handle IRS challenges, tax examinations, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS correspondence and advocate for your case.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and prove compliance.
- Penalty & Interest Negotiation - We work to reduce or eliminate IRS penalties and charges.
Tax audits can be overwhelming, but we ensure you’re protected and secure a favorable resolution.
Overwhelmed by unpaid taxes or tax debts? We work on your behalf to settle your debts and get you back on track.
What We Do:
- Past-Due Tax Return Assistance - Get caught up and avoid further penalties.
- Flexible Payment Arrangements - We negotiate affordable monthly payment options.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for less than the original amount.
Avoid wage garnishments, tax liens, and legal trouble. We secure the most favorable outcome for you.
Book 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 making an impact.
Our team of professional bookkeepers ensures your finances are always in order, helping you meet regulatory standards, 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