We spend the first 30-60 days of our engagement getting your business "book-ready." We don't go back and fix every possible transaction because that would be cost-prohibitive. Instead, we focus on the following five tasks to get you started quickly and affordably. Those five tasks are:
1. Convert to one of our three optimized chart of accounts for optimized reporting.
2. Create a one-time balance sheet entry that ties all statement accounts to last month's statements, and for all other accounts, ties to an approved amount by the client. This one entry will be documented and signed by the client. In this step, we will also create a prepaid schedule.
3. Reconcile revenue to your third-party invoicing system, or if you use QuickBooks, provide a review of receivables.
4. Tie payroll to year-to-date reports with a single journal entry.
5. Review of accounts payable.
We're happy to help with conversions and do it all the time. The cost is included in your first month's fee.
The short answer is no—and here's why. We've built a system to deliver on-time invoicing, payments, and analytical reports for our clients. We are rated 4.8 out of 5 stars on Google because our system works.
We charge a small percentage of your annual revenue motivating us to help you grow. As your business gets bigger, the workload increases. Your monthly fee will go up or down depending on your growth.
Please note that our fees do not include monthly software costs that you may incur through tools such as QuickBooks or Bill.
We charge a small percentage of your annual revenue, motivating us to help you grow. When your business gets bigger, the workload increases. Your monthly fee will go up or down depending on your growth.
We are notified instantly when you purchase an accounting package from our website. You'll hear from us within two business days to begin onboarding.
No worries! Book a call with us here to get answers to your questions.
We do not offer income tax services. This service is best provided by someone specialized in your state. However, we will work with your CPA and provide them necessary documentation throughout the year. We do, however, offer sales tax services to our clients via our partnership with a third-party solution.
We bill in advance on the first of each month apart from your initial deposit.
Because we charge a percentage of your annual revenue, your percentage would calculate to a fee too small to cover our cost under the one million revenue mark. Additionally, our services tend to be excessive for businesses in the startup phase.
We do not lock our clients into long-term contracts. We have to earn your business every month in order to sustain a long-lasting relationship. Should you decide to disengage, all we ask is that you provide us with a 30-day written notice in order to allow us the proper time to hand off your books to a new solution.
Absolutely—businesses choose this option all the time. If your bookkeeping needs are already met, but you still need a highly experienced consulting partner, we've got you covered. To get a quote for Controller or CFO services, schedule a call with us.
If you have an urgent matter that comes up before your scheduled time, you have the ability to reach out to your team with the subject title “URGENT.” Your team will respond to your inquiry as soon as possible. Please remember that most accounting needs can be handled during our regularly scheduled visits.
Our accounting package includes reports that meet the needs of most banking and investor institutions. In addition, if you find yourself in need of custom reports, our Controller and CFO services are capable of providing these.
We understand there are many factors that impact your business. This is why our billing model is so attractive to businesses. When times are lean, your bill decreases in relation to your revenue until the minimum price point is met.
Dedicated Accounting Team
Your business will have access to an assigned team of accountants to help you reach your financial goals.
U.S.-Based and Fully Remote
The entire Ignite Spot team is in the U.S., and employees are hired based on rigorous accounting reviews.
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Records Transparency
See what’s going on with your QuickBooks records any time to understand your financial position and the actions your team has taken.
90-Day Onboarding
Ignite Spot gets to know you, your business, and your accounting needs over an initial period to better define and pursue goals.
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Bookkeeping & Accounting Services
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CFO Services
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Controller Services