Managed Accounting
We run it.
You run the business. We run the accounting.
FiguresIQ manages the recurring accounting process—from everyday activity through reconciliation, review and month-end close.
When you need this
When Managed Accounting makes sense.
You want one team responsible for the recurring accounting process.
Your books are getting done inconsistently or too late.
You want reconciliations, review and close handled every month.
You want cleaner financial records without managing the accounting yourself.
Want one team responsible for the recurring accounting process?
Managed Accounting covers the ongoing work from transaction activity through monthly close.
What we handle
What FiguresIQ takes ownership of.
The same accounting cycle, run every month.
- Transaction intake and accounting workflow
- Bank and credit-card reconciliation
- Merchant and payment-platform reconciliation
- Payroll accounting entries and related reconciliation
- Balance-sheet account review
- Vendor and payment matching
- AP / AR tie-outs where included
- Month-end close
- Financial reporting
- Year-end accounting organization
Transaction-level bookkeeping can be included where needed based on the agreed scope.
Final scope depends on the systems, volume, complexity and responsibilities included in the engagement.
How it works
How a Managed Accounting engagement runs.
01
Set up the accounting environment
We review the current books, systems, connections and recurring workflow.
02
Run the accounting process
FiguresIQ records and organizes the activity included in the engagement.
03
Reconcile, review and close
Important accounts are reconciled, exceptions are reviewed and the month is completed.
04
Repeat consistently
The same process continues each month so the books stay current and organized.
Your monthly close
- Bank accountsReconciled
- Credit cardsReconciled
- PayrollReviewed
- Balance sheetReviewed
- ReportingPrepared
Status
In progressA finished month
More than data entry.
A finished month means the accounting has been reconciled, reviewed and brought through the close.
Interface visuals shown are original FiguresIQ concepts created for illustration and do not represent a software product.
Year end
Organized for your tax professional.
Because the accounting is maintained throughout the year, your tax professional receives a cleaner starting point for tax preparation.
FiguresIQ does not prepare or file income-tax returns.
Ready to stop managing the accounting yourself?
Get an EstimateEstimates are illustrative only and are not a binding quote. Final pricing depends on scope and is subject to final review.