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Ledger Labs can be your trusted partner for outsourced accounting and bookkeeping services. We offer a robust selection of the most in-demand services to help your business thrive financially.

Turn to Ledger Labs when you need an affordable yet efficient resource for:
  • Outsourced bookkeeping 
  • Outsourced accounting 
  • Outsourced CFO 
  • Tax preparation and planning
  • Outsourced controller services

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FAQs

Questions frequently asked by our clients

1. Who will be doing my books? Will they be same people every month?

You will get a dedicated team of bookkeeper, accountant and manager who will record and manage your business operations every month.

 
2. How do you ensure accuracy? Do you take responsibility for any unexpected outcomes?

Our clients’ trust and our superior results are what keeps us upbeat and ready to roll. This is because of:

  • Certified and dedicated accountants work on your books.
  • We document everything related to your business and its operations.
  • We conduct a thorough and multi-level error check before delivering the final reports and financial statements.

Apart from this, word of mouth from our clients has helped us a lot. We also undertake full responsibility for our tasks, actions, and outcomes and do not overcharge you in any way until the assigned task is executed.

3. What type of businesses do you work with?

We are a good fit, if your business is:

  • A US-based organization or a subsidiary
  • In any of the ways, connected with the financial domain or ‘numbers’
  • Creating an yearly revenue, using legal operations, of at least 1 million USD.
    Seeking:
  • Accurate accounting and bookkeeping services
  • Different methods to safeguard all the necessary financial data
  • Different financial management strategies and methods to meet advanced and high-level accounting needs
  • Advanced and reliable reporting methods to give you a complete picture of your business 
  • Methods to smoothen the accounting workflows
  • Methods to increase efficiency leading to faster month close. 
4. What apps/platforms do you work with?

We love to test various tools and platforms to simplify the existing processes of our clients. We are experts in NetSuite ERP services, Intuit QuickBooks, Zoho Books and many other accounting software for small businesses. We use all kinds of platforms including WhatsApp, MS Teams, Skype, etc. to communicate with our clients as well as teams. Similarly, our project management tools include Asana and Clickup.

 
5. Should I have my bookkeeping completed every month?

Your bookkeeping can be executed monthly, quarterly, semi-annually, or annually as you want. However, the added benefits that you get by updating the books regularly are unmatchable and hence we suggest to all our clients that should choose to get their books done monthly.

 
6. When can I expect my financial reports every month?

The closing of books and accounts may be executed by our team of accountants on different dates. This depends upon the type of business, the scale of operations, and other complexities of the business. However, in general, our team tries to close the previous month’s accounts within the first week of the next month.

 
7. Can I end the contract in between?

In our experience it is highly unlikely that you’d want to end the contract. However, due to unavoidable circumstances, if you want to end the contract with us, you can send an email to our team.

 
 
8. How do I move from my existing bookkeeper to you?

It shouldn’t be a challenge. Within the first week of our communication, our team of experts will study performance and working of your business. For this, we will require your financial statements and data. It would be great if your accountants or bookkeepers can answer our queries. However, it’s not mandatory that we connect with them. We can proceed without this assistance as well.

 
9. Do I need to clean up my books before I hand them over to Ledger Labs?

No, if you think your books of accounts are messy and inconclusive, we will clean them up for yours and ours better understanding. We will use accurate cloud accounting techniques and platforms to synchronize the data as per your requirements.

 
10. Is support available? Can I ask regular questions?

Absolutely! You’re welcome to ask as many questions as you want. We’re here to serve you. But we recommend that you connect with us only during business hours as the complete staff and team will be available to answer your queries.

 
11. How do you work with us remotely?

We will be quite comfortable working with you and for you remotely. Our bookkeepers and accountants will be in touch with you through calls, texts, emails, online meetings, conferences, or any other mode of communication you desire.

 
12. Will I still need in-house bookkeeping or accounting staff?

Although, it’s ultimately your decision, you’ll find that you will no longer need to employ your existing or in-house bookkeeping and accounting staff once you’ve started working with us. We will take over all your accounting, bookkeeping, and tax filing tasks. You will get total peace of mind once we’ve onboarded you. However, the Ledger Labs team will need to communicate with someone at your office who need not be an accountant or bookkeeper.

 
13. How long does it take to get started?

We employ a quick and effective 3-step onboarding process for new clients. Although, we can take care of all your requirements right away, we prefer to do a thorough research of your business and its environment. The complete process of understanding your business, optimization of existing accounting process, policy drafting, execution, and reporting may take somewhat between 30-60 days to complete.

 
14. What happens if my accountant is out and I have an emergency?

Even if your accountant is away due to any reason, it doesn’t mean that your work will stop. We always work in a team and hence the absence of an accountant from either side does not affect the regular operations in any way.

 
15. How long does it take to see results from your work?

Accounting and financing are delicate matters. You can’t rush into the results as they may have repercussions. However, it can be safely said that after the first ninety days, your business will start noticing the ease of accounting and bookkeeping as promised. This duration can also be reduced if the process runs smoothly and we get all the statements and invoices timely.

 
 
16. How do I know that my information is secure?

Your safety is our priority. We at Ledger Labs, take all preventive and safeguarding measures to ensure that your data stays safe. We use multiple encryption levels so that the data can only be accessed by us and the client. Additionally, we use firewalls that prevent unauthorized access or data breach. Our personnel undergo an extensive background check before induction and they are trained to handle sensitive information. Lastly, we also sign a non-disclosure agreement with our clients for increased reliability.

 
17. Will you return my documents?

Yes, we at Ledger Labs, will revert your documents as soon as your books are updated or the contract concludes.

 

Visit us

Want to talk face to face? You can visit our offices with prior appointment.

Address

1001 Wilshire Boulevard, #1198
Los Angeles CA 90017
 
Business Hours

Mon – Fri

8 AM – 2 PM PT

Address

1178 Broadway, 3rd Floor #3067,
New York, NY 10001
 
Business Hours

Mon – Fri

8 AM – 4 PM ET

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