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Best 11 Accounting Services for Small Business in 2023


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Building a strong business requires owners to wear multiple hats, from sales and HR to marketing and accounting.

Naturally, you excel at sharing with your potential customers why they should do business with your company, but that doesn’t mean you excel at the administration aspects of your business, including understanding and handling the financials.

Making the process simpler for small businesses today are various accounting services for small businesses.

But what does an accounting service offer, and how can your business benefit?


What can an accounting service do for your small business?


There are a variety of benefits that come with using an accounting service for your small business.

Since handling your financials is an essential part of your business, finding ways to efficiently address your accounting needs involves more than just saving time.

Outsourcing accounting services can be a cost-effective alternative to hiring an in-house accountant since you don’t incur the costs of recruitment, onboarding, salary, and other benefits.


Here are just a few of the other advantages:

  • Provide your business access to expertise in multiple areas, allowing you to tap into that expertise as you make strategic business decisions.
  • Ability to quickly analyze financial data, generating necessary reports in a timely fashion.
  • Ensure accuracy in your financials, which can keep your business in compliance while also avoiding costly penalties and late fees.
  • Regular tax reminders, including the amounts and due dates, reducing the risk of non-compliance.
  • Experts can also assist in developing critical strategies for lowering your tax obligations, which can include allowable deductions, different methods for calculating profits, and even determining the best approach for capital investments.
  • Accounting regulations and tax deductions are part of an ever-changing landscape. With up to date and accurate financials, you can take advantage of recent tax deduction changes and maximize your returns.
  • Develop systems for better management of your cash flow, helping to reduce late payment fees from your vendors and suppliers, which can improve profitability over time.


Growing your business strategically means understand its financial health and how that impacts your ability to take advantage of opportunities or adapt to industry and economic shifts.

With a greater understanding of how accounting services for small businesses can benefit your company, let’s dive into the best accounting services we found and what stood out about their offerings.


Best 11 Accounting Services for Small Business in 2023


1. Bench

accounting services for small business


Best for: Small entrepreneurial businesses

Pricing: $299 monthly for the essential plan; $399 monthly for the premium

Annual pricing plans are available

Description: While they provide traditional monthly accounting services, tax services, and filing options, plus one on one expert advice, Bench also offers catch-up bookkeeping. For small businesses that struggled to keep up with their bookkeeping in the past, this option is a great way to get your financial house in order.


2. Xendoo

accounting services for small business


Best for: Franchises

Pricing: Based upon your business’ monthly expenses

Description: With dedicated CPAs, Xendoo provides accounting services for e-commerce and franchises, while offering catch up bookkeeping. They also offer a dedicated bookkeeper for your business, which allows you to build a relationship and ask critical questions. Xendoo also supports multiple industries, so they can assist you in building a strategic financial plan.



accounting services for small business


Best for: Small businesses with employees

Pricing: Based on gross revenue

Description: offers multiple options to customize the service to fit the needs of your business. Additionally, they provide payroll options, giving you the ability to outsource payroll efficiently. Plus, supports a bill pay option, making it easier for you to manage your cash flow.


4. Merritt Bookkeeping


Best for: Small businesses utilizing Quickbooks

Pricing: $190 per month

Description: Merrit Bookkeeping provides a cost-effective option for small businesses, offering tax and bookkeeping services with an easy-to-use interface. With fixed and predictable pricing, your bookkeeping can be completed monthly, keeping your financials on track. Offers an option for catch-up bookkeeping if you are behind.


5. EcomBalance


Best for: Ecommerce businesses

Pricing: Custom pricing based on transaction volume, number of bank accounts, and additional services as required

Description: EcomBalance provides accounting support geared toward e-commerce businesses. They also offer a dedicated bookkeeping team to work with as you build your business. With regular monthly reports and great support, this accounting service provides financial support for the maintenance and growth of your online business.


6. Pilot


Best for: Startups and growing businesses

Pricing: Based on monthly expenses and whether your business is revenue generating

Description: Not only does Pilot provides accounting services, they also offer a CFO function, giving you the opportunity to tap into expertise as you strategically plan the future of your startup. Pilot assists with R&D tax claims, allowing your business to maximize its R&D efforts.


7. 1-800Accountant


Best for: New businesses, growing businesses

Pricing: Tiered pricing based on your business needs

Description: Working with businesses at all stages, 1-800Accountant offers full-service accounting, from bookkeeping to payroll. They also can assist with setting up an LLC for a new business and getting an EIN to prepare for any tax filings.


8. AccountsBalance

accounting services for small business


Best for: Agencies, SAAs, and online businesses

Pricing: Custom pricing based transaction volume, number of bank accounts, and additional services as required

Description: AccountsBalance provides dedicated bookkeeping services geared toward your business, offering customized services that fit your needs. Options includes payroll, bill pay, AR, AP, and monthly bookkeeping. With a variety of services, AccountsBalance supports your business as it grows while recognizing the unique challenges of the online industry.


9. Bookkeeper360

accounting services for small business


Best for: Small businesses in a state of growth

Pricing: Custom pricing based on size of your business

Description: Bookkeeper360 offers traditional accounting and bookkeeping services, but also gives you the opportunity to tap into CFO advisory to create financial and business plans, including capital deployment and margin analysis, to assist in strategizing for the growth of your business.


10. Quickbooks Live

accounting services for small business


Best for: Small businesses looking an accounting software and accounting service

Pricing: Custom pricing starting at $30 per month

Description: Quickbooks Live offers the traditional benefits of Quickbooks software with a Live Bookkeeper, who is assigned to your business. Your bookkeeper, each of which has at least 10 years of experience, is available for video chats to answer questions and support your business through the initial setup of your financials, payroll, and tax season.


11. FinancePal

accounting services for small business


Best for: Small businesses

Pricing: Custom pricing based on the needs of your business

Description: FinancePal offers full service accounting, including payroll, tax preparation, and monthly bookkeeping. They also partner with industry leaders to offer the best tech, expertise in a variety of industries, and quality customer service. FinancePal allows you to choose the options and level of service you want to fit your budget.


In Summary


Accounting services for small businesses offer the support that your business needs to thrive, regardless of the industry. However, it is important to note that some accounting services target specific industries or small business types. Analyze if the service offers the right mix of options, since you want your accounting service to be able to grow with your business.

If you are unsure that accounting services for small businesses will fit your budget, many of the companies in this article have custom pricing options that allow you to target the areas where assistance is needed. Give your business the gift of quality accounting services to maintain its financial health over the long-term.

Want help with your bookkeeping? We make it easy. Get startedSpeak w/ a Founder, or Schedule a Callback

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Tracy Knepple

Tracy Knepple

As a writer and editor with 20+ years experience, Tracy Knepple offers practical tips and analysis on accounting, bookkeeping, small business, and many other topics. She has authored over 100 books as a professional writer for the Raymond Aaron Group. She received her Bachelor's degree in Communications from Indiana University.

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