Online Bookkeeping Services West Hollywood, CA
Your accounting records are the backbone 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 Experts
Managing your financial records should not be a stressful task, it should be a pathway to your financial stability. We specialize in helping startups and charitable organizations stay financially secure and legally aligned. Our team of accredited and licensed specialists work diligently to ensure your books are error-free, structured, and up-to-date.
We know you have much to tick off on your daily tasks, and worrying about finances shouldn’t be one of them. We handle your transactions with care, giving you the clarity and peace of mind to focus on what truly counts, your organization’s growth.
- Professional Bookkeepers & Licensed CPAs
- Strong Attention To Detail
- Highly Knowledgeable
- 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 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 impact 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 outset saves you time, reduces financial risks, and provides you with a accurate view of your finances. We take care of the entire setup process, ensuring your QuickBooks system is set up for error-free operation, efficiency, and long-term success.
What We Offer:
Customized Chart of Accounts - We customize your chart of accounts to match your company’s setup, making it effortless to track income, expenses, assets, and liabilities with precision.
- Bank & Credit Card Integration - We link your banking information to QuickBooks, enabling automated transaction imports and real-time reconciliation.
- Smart Categorization Rules - We set up automated sorting systems to maintain consistency and error-free processing in your financial records, reducing manual work.
- Training & Support - We guide you through your QuickBooks setup, ensuring you fully comprehend how to navigate it efficiently for your ongoing business transactions.
A well-organized, accurate QuickBooks system that makes financial management easier, improves productivity, and keeps you financially informed.
Behind on your bookkeeping? You’re not alone. Many companies struggle to keep up with their books. Whether you're several months or even years behind, we specialize in clean-up and catch-up bookkeeping to get your financial accounts back on track, error-free, and audit-ready.
How We Help:
- Review & Correct Past Transactions - We detect and correct repeated transactions, misclassified expenses, and missing transactions to ensure financial integrity.
- Bank & Credit Card Reconciliation - We match your accounts, balancing QuickBooks records with bank and credit card statements to fix errors.
- Financial Report Adjustments - We fix discrepancies in your balance sheet and profit & loss statements to provide a realistic financial overview.
- Overdue Invoices & Bill Management - We manage pending payments and bills, helping you stay on top of your cash flow.
- Audit-Ready Books - We ensure your financial records are tax-compliant, fully reconciled, and ready for investors, financial institutions, or {audits||compliance checks}.
Up-to-date, fully reconciled books provide needed financial clarity and set you up for future success.
We will take care of sorting your transactions and categorizing them correctly for your financial statements. This means no more confusion when it comes to your expenses and revenue. 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 balanced. By reconciling your accounts every month, we catch any errors early and ensure everything is accurate. This keeps your financial records accurate and prevents any errors.
Struggling with delayed transactions, unpaid invoices, or forgotten due dates? We simplify your accounts payable and receivable processes, ensuring you maintain financial stability.
What We Offer:
- Accounts Payable Services - We handle classification, recording, bill payment (upon authorization), reconciliation, and reporting.
- Accounts Receivable Management - We manage categorization and recording incoming payments, billing, sending statements, verifying records, and reporting.
No more late fees or outstanding debt. Your cash flow will be consistent, well-managed, and stress-free.
We handle all the complex processes when it comes to your financial statements. From tracking your Income Statement to managing your Financial Position, we ensure everything is up-to-date. Stay informed with our detailed 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 strategic advice. Whether it’s reducing costs, improving working capital, 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 custom solutions based on your unique needs. Reach out to us today for more information.
Some of our other service areas include Online Bookkeepers In Moscow, ID and Online Bookkeepers In Hattiesburg, MS
Our Process
Our bookkeeping services kick off 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 requirements and objectives.
What We Do:
Assess Your Current Financial Situation: We will review your financial processes, software, and financial records (if available). This helps us understand any existing gaps in your system.
Determine Your Financial Requirements: Based on your operations, industry, and growth stage, we will identify the primary sections where bookkeeping support is needed, whether it is cost tracking or recordkeeping.
Understand Your Goals: We ask questions to better understand your business aspirations. Do you want to improve cash flow management? Are you preparing for tax filings? Do you need detailed statements for board members?
Customization: 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 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 tailored chart of accounts.
- Automated Bank Sync: We connect your bank accounts for automatic transaction imports.
- Invoicing System: We customize billing structures.
- Data Migration: If applicable, we securely transfer historical financial data.
Training and Onboarding: We provide user guides.
Payment Integration: We integrate PayPal, Stripe, credit card processors.
After the setup, we handle the day-to-day bookkeeping tasks.
What We Do:
Income & Expense Categorization
Financial Reconciliation
Regular Reports
- Profit and Loss Statements
- Balance Sheets
- Cash Flow Statements
Accounts Payable and Receivable Management
- Accounts Payable
- Accounts Receivable
Payroll Services
Clean-Up/Catch-Up Work
Monthly Business Consultation
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
Proactive Financial Advice
Troubleshooting
Business Expansion Assistance
Payment Assistance
Our Accounting Services
Your financial statements aren’t just numbers on a page, they are the foundation of your business’s success. 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 company’s health.
How We Help:
- Profit & Loss Statement (Income Statement) - Get a detailed breakdown of your earnings, expenses, and profits so you can measure growth, identify trends, and enhance profitability.
- Balance Sheet - A structured breakdown of your resources, liabilities, and equity, helping you assess your financial health.
- 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 analyze key metrics like profit margins and liquidity ratios to spot areas for growth and financial weaknesses.
- Investor & Grant Reporting - Meticulously structured reports tailored for financial institutions, investors, and philanthropic organizations to help you win grants.
Well-prepared financial statements increase trust among investors, minimize uncertainties, and help you make data-driven decisions that drive growth.
A solid financial plan is the foundation to long-term success and stability. We create customized budgets and forecasts to help you maintain control, prepare for uncertainties, and make informed financial decisions.
How We Help:
- Annual & Monthly Budgeting - Detailed financial plans based on historical trends, industry benchmarks, and future goals.
- Revenue & Expense Forecasting - Data-driven projections that help you prepare for future financial needs, ensuring financial preparedness.
- Scenario Planning & Sensitivity Analysis - Best-case, worst-case, and expected-case financial models to equip you for changing market conditions.
- Budget vs. Actual Performance Tracking - Systematic comparisons between your planned budget and actual financial performance to adjust strategies proactively.
Proactive budgeting and forecasting give you financial confidence, prevent cash flow surprises, and allow you to scale sustainably.
Generating revenue 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 stay operational, pay employees, and scale your business.
What We Offer:
- Cash Flow Projections - Short- and long-term forecasts to prevent cash shortages and sustain stability.
- Accounts Payable & Receivable Optimization - Faster invoice collections and better vendor payment strategies to enhance cash flow.
- Expense Tracking & Cost Control - Spot wasteful spending, eliminate unnecessary expenses, and increase margins.
- Emergency Fund Planning - Establish financial reserves to protect your business from unexpected downturns.
- Liquidity & Solvency Planning - Ensure your business achieves healthy financial ratios and is always prepared for growth opportunities.
Uncontrolled cash flow is one of the biggest reasons businesses struggle, our expertise keeps you ahead of financial challenges.
Payroll mismanagement can lead to unhappy employees, tax penalties, and compliance issues. We manage your payroll, ensuring your team gets paid accurately, punctually, and in complete alignment with regulations.
What We Do:
- Payroll Processing & Direct Deposits - Seamless handling of employee pay, contractor payments, and direct bank transfers.
- Federal & State Payroll Tax Withholding - Error-free tax calculations to keep your business free from penalties.
- Quarterly & Annual Tax Filings - We handle all employee tax reports, including W-2s, contractor tax documents, and 941s.
- Benefits, Deductions & Overtime Compliance - Efficient management of medical coverage, pension deductions, and overtime pay.
- Payroll Audits & Compliance Checks - Regular payroll evaluations to identify mistakes, avoid penalties, and maintain legal standing.
A reliable payroll system keeps your employees happy, safeguards your business, and keeps you in good standing with labor laws.
Audits can be nerve-wracking, but they don’t have to be. We help you stay audit-ready year-round with meticulously maintained accounts 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 financial discrepancies, inaccuracies, and policy violations 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 legal adherence 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 shields your organization from costly penalties.
Beyond financial tracking and compliance, we provide expert financial insights to help you increase profitability, secure funding, and make smarter business decisions.
What We Offer:
- Revenue and Expense Evaluation - Identify opportunities to increase income and cut unnecessary costs for a healthier bottom line.
- Strategic Tax Planning - Maximize deductions, leverage tax credits, and refine 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 fundraising, donor engagement, and cost-effective financial management to ensure long-term stability.
The right financial strategy can take your business from surviving to expanding.
Our Tax Services
Taxes aren’t simply a once-a-year task, they’re a key part of your financial well-being. Errors in filing or missed deductions can cost you thousands. We make sure that doesn’t happen.
What We Do:
- Accurate Federal & State Tax Returns - Whether you're a entrepreneur, nonprofit, or a freelancer, we file accurate returns to keep you penalty-free and stress-free.
- Optimized Tax Savings - 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 across state lines? Hiring remote employees? We ensure hassle-free tax compliance.
- Fast & Secure E-Filing - Get your taxes filed online for faster processing and no delays.
Taxes done correctly mean bigger tax refunds, fewer headaches, and zero stress.
Lack of strategic tax planning costs businesses thousands each year. We help you stay tax-efficient, fully compliant, and properly set up 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 select the best structure to save on taxes.
- Up-to-Date Compliance - IRS rules change often, and we ensure you stay ahead.
- Maximizing Deductions - We identify 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.
Filing your taxes shouldn’t be overwhelming. We simplify the process while ensuring you get the biggest tax return 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.
- Maximized Refunds - We identify every write-off and credit to minimize your tax liability and boost your refund.
- 401(k), IRA & Investment Tax Strategies - We help you save for retirement while keeping taxes low.
- Homeowner & Real Estate Tax Optimization - From home deductions to rental income strategies, we ensure real estate works in your favor.
- Family Tax Benefits - Got kids? We ensure you claim every eligible tax break.
More money in your pocket, less time worrying.
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 nexus requirements.
- Payroll Tax Management - Ensure error-free tax withholdings for staff and contractors.
- Monthly & Quarterly Tax Reports - Stay ahead of deadlines with our automated filing services.
- W-2 & 1099 Reporting - We handle W-2s, 1099s, and payroll tax deductions with accuracy.
Remain IRS-compliant, avoid fines, and keep your business running smoothly.
If the IRS comes knocking, you don’t have to face them alone. We handle tax disputes, tax examinations, and government inquiries on your behalf.
What We Do:
- IRS Audit Defense - We take care of all IRS communications and defend your tax filings.
- Financial Document Reconstruction - Lost receipts? We rebuild your documents and support your claims.
- Penalty & Interest Negotiation - We negotiate down or minimize IRS penalties and interest.
Tax audits can be overwhelming, but we ensure you’re covered and secure a favorable resolution.
Overwhelmed by unpaid taxes or tax debts? We work on your behalf to settle your debts and restore your financial stability.
What We Do:
- Past-Due Tax Return Assistance - Get caught up and regain compliance.
- Flexible Payment Arrangements - We negotiate manageable IRS-approved repayment plans.
- Offer in Compromise (OIC) Assistance - Settle your tax debt for a fraction of the original amount.
Stop IRS collections, asset seizures, and financial stress. We secure the best possible resolution for you.
Start Your Journey Today
Accurate, Reliable, and Stress-Free Bookkeeping
Are you tired of the burden that comes with managing your financial records? Let us handle the numbers 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, optimize your resources, and reach your goals.
Take the first step towards financial clarity today. Book your free consultation now and experience the difference accurate bookkeeping brings!
- support@digitallyprecisebookkeeping.com
- (307) 441-5747