All About Pricing

How much does monthly accounting cost?

• Know what you're paying for.

  As a small business owner, you're used to taking the reins and handling everything yourself. But let's face it, juggling too many tasks can leave you feeling overwhelmed and drained.
  
  We can help lighten the load, allowing you to focus on what you do best. After all, time is money, and we want to help you save both.

  Speaking of money... we know that transparency is important to you – you want to know what you're paying for and why. That's why we'll walk you through our pricing structure, tailoring a quote to fit your unique needs.
  

• Let's talk real numbers.

  The way we quote is pretty simple. It begins with two fundamentals:

  Monthly – the complexity of your monthly financial activity and the complexity of your financial statements

  Yearly – the complexity of your tax return

  Our average accounting fee comes out to approximately $725 per month. However, depending on your activity and complexities, your fee can range from $450 to $1,000+ per month.

  We have a fixed monthly fee. Here's what's built into this fee:

  • Monthly profit and loss statement
  • Monthly balance sheets
  • Monthly bank reconciliation
  • Business tax work
  • Sales tax filings
  • Advisory meetings
    
    Your fee is set when we begin our partnership and is reviewed annually, as the volume of your accounting activity and other variables can evolve.

What factors influence monthly accounting rates?

• How complex is your business?

  Complexity of transactions

  Your fee is dependent partly on the complexity of your business transactions — how often they happen and where they go — and the number of accounts you have and monthly transactions that occur. 

  Complexity of your business 

  As your business grows, its financial structure of your business becomes more complex. The intricacies of managing your finances and ensuring an error-free and compliant tax return evolve with it.

  Our meticulous approach to the details of your business — from the number of business locations to sales tax, loans, and bank accounts — ensures that your financials are accurate and organized, ultimately helping you make great decisions for your business.

• Tell me more about these complexities.

  Number of bank accounts, loans, and credit cards

  As part of your onboarding, we'll review your QuickBooks data. We're looking at the number of bank accounts, loans, and credit cards you have so that we understand the complexity of your financials. Some businesses might only have one or two transactions on an account every month, while others have much more than that. 

  Sales tax management

  Sales tax can be a complicated nuisance for business owners. We file sales tax as required, to save you time and headaches. We also do it to ensure accuracy – and to make sure it gets done. It takes the burden off your shoulders so you can focus on what matters most to you.

  Multiple business locations

  If you have multiple business locations and want each location to have its own profit and loss statement, we'll do that for you. And, if you have a location in another state that requires an additional tax return, our team is equipped to file business, personal, and payroll taxes throughout the United States.

  With a solid understanding of your financials and a proactive approach to planning, you'll have the confidence to make decisions that will take your business where you want it to go.