FAQs

  • The day-to-day classification of transactions and monthly account reconciliations often fall by the wayside when you’re busy trying to grow your business. A catchup is when LedgerCraft steps in to bring everything up to date, ensuring the reliability of the numbers you need to manage your business. It might not seem like a big deal now, but it will a huge deal when tax time rolls around. Get caught up now.

  • Your chart of accounts provides the needed structure to classify your financial affairs correctly. Sometimes in the crush of daily affairs, poor decisions are made as to how transactions should be classified. Poor decisions lead to poor management reports which then lead to poor management decisions. A cleanup gets your chart of accounts back to where it needs to be so that you can march ahead confidently.

  • LedgerCraft charges a fixed monthly fee based on your average monthly transaction count and number of bank and credit card accounts. Management of payables and receivables is an optional service provided for an additional fee. Payroll is optional, too, and a fee is assessed based on the number of employees and pay frequency. To get an idea of how affordable LedgerCraft’s services are, enter your numbers into the Fee Calculator.

  • Books are books. Whether your business is in Virginia, or Nebraska, or any of the other 48 states, LedgerCraft can take care of you.

  • LedgerCraft endeavors to email monthly reports by the 15th of each month. If you have a different need, let’s talk and see what we can work out.

  • LedgerCraft will access your QuickBooks Online account each week to classify outstanding transactions.

  • If you’re using a competing platform, it might be time to consider switching to QuickBooks Online. Recent data suggests that QuickBooks enjoys an 84% market share among small business bookkeeping platforms. There’s a reason for that. If you’re ready to make the switch, LedgerCraft can help you transfer the data from your old system. If you’re not currently using a bookkeeping system, LedgerCraft can help you start fresh.  The bottom line, though, is that LedgerCraft works exclusively with QuickBooks Online.

    • Schedule a free consultation with LedgerCraft.  Let’s talk about your business and your specific needs.

    • LedgerCraft reviews your QuickBooks Online account to gauge transaction volume and assess your chart of accounts.

    • We negotiate a monthly fee based on the services you want LedgerCraft to perform.

    • You sign a proposal, which lays out the scope of services LedgerCraft will provide and the expectations the parties will fairly have of each other.

    • You name a point of contact within your business to answer day-to-day questions going forward.

    • We’re off and running.