Fincent

Low-cost tiered bookkeeping with quarterly and monthly options

Overview

Fincent is an online bookkeeping service for US small and medium-sized businesses, built and operated by the finance and accounting company CharteredWays[20]. It names SAKA Ventures, Trust Fund, StartupXseed and Ahead as investors and describes itself as trusted by hundreds of US SMBs, without giving a founding date or headquarters[20].

Its Basic plan is the lowest published price in this list at US$55 a month, billed annually, for businesses with up to US$100,000 in annual expenses: quarterly bookkeeping by a dedicated bookkeeper on a cash basis with four bank or card connections[19]. Pro, at US$189 a month, moves to monthly bookkeeping with QuickBooks integration and cash or accrual books for businesses with up to US$25,000 in monthly expenses; Advanced, at US$389 a month, adds unlimited bookkeeper calls, business tax filing and project tracking[19]. Pro and Advanced prices rise with monthly expenses, and annual billing is discounted by 10%.

The Enterprise tier, priced individually, adds CFO services, custom reports and catch-up bookkeeping for businesses with more than US$1 million in annual expenses[19]. The main limitations are the limited public information about the company and the quarterly cadence of the Basic plan.

Fincent features

  • Quarterly bookkeeping on Basic plan
  • Monthly dedicated bookkeeper from Pro
  • QuickBooks integration
  • Cash or accrual from Pro
  • Business tax filing on Advanced
  • Project tracking on Advanced

Fincent pricing

  • Basic: US$55/month, billed annually, up to US$100,000 annual expenses.
  • Pro: from US$189/month, up to US$25,000 monthly expenses.
  • Advanced: from US$389/month, includes business tax filing.
  • Enterprise: quote-based.

Fincent strengths and limitations

Strengths

  • Lowest published entry price
  • Tax filing included on Advanced
  • Accrual available from second tier
  • Annual discount published

Limitations

  • Basic plan closes the books only quarterly
  • Little public information on founding and headquarters
  • Prices change with expense slider
  • Expense ceiling of US$25,000/month on Pro and Advanced

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