The 5 Best Online Accounting Firms for Small Business

 inDinero

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inDinero blankets its clients with a wide range of accounting services, an easy-to-use platform, access to in-house experts, and a dedicated customer support team, making it our choice as the best overall accounting firm.

Pros

• Extensive array of services

• Easy-to-use dashboard

• Great customer support

• Mobile app

Cons

• Base package on the expensive end of the spectrum

• Lack of advanced features such as time-tracking and project manager

Since its founding in 2009, inDinero has been perfecting its offering of an all-in-one accounting service for small businesses. In addition to one of the widest arrays of services, inDinero offers clients access to a team of staff accountants and financial experts, just a click or call away with its easy-to-use dashboard or mobile app. InDinero checks all the boxes, making it our choice as the best overall accounting firm for small businesses.

While inDinero’s base plan may be a little pricier than other firms, its all-in-one accounting services still will save fledgling businesses time and money. For $300 a month, the Essential plan is stacked full of functions including easy invoicing, P&L and balance sheet creation, accounts payable and receivable tracking and reporting, monthly reconciliations, employee reimbursements, financial reporting, and document management. It also comes with a mobile app and a dedicated account manager. The Essential plan is designed for startups and smaller businesses that use cash basis accounting. If you need accrual basis accounting, you will need to step up to its Growth plan.

At $900 per month, the Growth plan is designed for more established small and medium-sized businesses. It’s pricier, but it adds some significant features, such as accrual accounting and regular controller support. Businesses that use the Growth plan are provided with processes that can be scaled as they grow.

Note

For additional fees, inDinero offers tax support for filing state and federal taxes for current or previous years. You also can add a fractional CFO to help with financial projections, cash management, business analytics, and budgeting. Plus, if you’ve been neglecting your books, inDinero offers catch-up bookkeeping.

For larger companies with more complex accounting needs and the need for business metrics analysis and audit support, inDinero will design a custom plan that includes fractional CFO services, multiple entity support, cash flow projections, and payroll support.

In addition to its real-time dashboard, which offers self-support features, clients can tap into inDinero’s support team via phone, email, or live chat. 

On the downside, if you aren’t using Gusto, Stripe, Expensify, Netsuite, or TriNet, you’ll have to use inDinero’s software, which is very powerful, but it’s not portable if you ever decide to switch firms.