Your bookkeeper collects information about your business and gets you onboarded. Bank information is automatically downloaded.
Your bookkeeper categorizes your business transactions and reconciles accounts to prepare your monthly statements.
Your bookkeeper prepares accurate statements for your accountant. Reports are ready for download at any time.
Your dedicated Certified Public Accountant analyzes your taxes and optimizes the way your business income is structured. We make sure your deductions and tax credits are maximized, allowable by law.
Catch up on your books, with tax savings in mind.
Get a year-end financial package for each full year of catch up.
All bookkeeping plans are based on a monthly subscription model. Your plan is based on your monthly expense rate.
During the discovery call, we’ll evaluate your business’s monthly expense volume to find your perfect subscription package.
Yes! We never lock you in to our service, and we make sure it’s easy to get your financials from LessAccounting if you ever decide to leave.
We review your plan periodically. If we find that your average monthly expenses have changed since your last review, we’ll let you know one month in advance before we adjust your price. You can always request a pricing review if your bookkeeping needs suddenly change.
Yes! LessAccounting support is free forever and included in your plan. Your dedicated finance expert will get back to you in less than one business day.
Bookkeeping helps you understand your business’s financial health, plan smarter and make better tax predictions. During tax time, accurate books ensure you get the full benefits of deductions.
Once we receive all of your documents, your books for the month will be ready within 15 business days. This gives us enough time to make any necessary adjustments before the end of the month.
Cash basis accounting records revenues and expenses when the cash is received or paid out.
Accrual accounting records income at the time the revenue is earned and records expenses when liabilities are incurred regardless of when cash is received or paid.
LessAccounting supports both services. We are happy to discuss the needs of your business and determine the best fit for you.
Yes! We help you catch up on your books with tax savings in mind. We prepare a year-end financial package for each full year of catch up. No matter how far behind you are, we’ll get you caught up quickly.
Typically, it takes us 2-4 weeks to complete one year’s worth of overdue bookkeeping.
We are happy to provide this support as an additional service. Please contact us for details.
LessAccounting supports any company that is a US entity, no matter where you are based in the world. We can also provide US entities with foreign subsidiaries with consolidated reporting. As of now, we do not support foreign entities.
Your bookkeeper reconciles your accounts, categorizes your transactions, and produces your financial statements. We make adjustments to your books to ensure they are tax-compliant. We keep your bookkeeping as hands-off for you as possible. At times, your bookkeeper might need an input from you on things like categorizing a transaction. If you have any questions, you can send your bookkeeper a message or book a call – there are no extra charges for support.
Bookkeeping is the process of recording daily transactions in a consistent way, and is a key component to building a financially successful business. Bookkeepers take care of the day-to-day financials, like posting credits and debits, maintaining the general ledger, and completing payroll.
Accounting is a high-level process that uses compiled financial information, and produces financial models using that information.
There are three requirements that allow us to deliver the most accurate books for your business:
1. Electronic transaction access
2. Expense reporting software
3. No commingling of personal expenses
No, we do not require that you switch to LessAccounting. We can easily take over your books in Quickbooks, Xero or any other platform.
We connect with PayPal, Square, Stripe, and others. All of your transactions are automatically synced to LessAccounting as soon as you connect your payment processor.
Yes! We connect with most major banks in North America. When you connect your bank account, your bookkeeping team gets access to your transaction history and your account statements — nothing more.
We’ve been in business since 2011.
Our customers span every size and industry. Our client base includes high-growth technology startups, e-commerce providers, professional services, non–profits, and more. We’re looking forward to discussing your business needs!
The World's Simplest Invoicing and Accounting Solution
No credit card required
30 day free trial
