March 30, 2023

Soknacki2014

The Number One Source For Business

The 6 Best Accounting Firms of 2021

Best Overall: inDinero

 inDinero


inDinero blankets its clients with a wide range of accounting services, an easy-to-use platform, access to in-house experts, and a dedicated customer support team, making it our choice as the best overall accounting firm.

Pros

  • Extensive array of services

  • Easy-to-use dashboard

  • Great customer support

  • Mobile app

Cons

  • Base package is slightly on the expensive end of the spectrum

  • Lack of advanced features such as time-tracking and project manager

Since its founding in 2009, inDinero has been perfecting its offering of an all-in-one accounting service for small businesses. In addition to one of the widest arrays of services, inDinero offers its clients access to a team of staff accountants and financial experts, just a click or call away using their easy-to-use dashboard or mobile app. inDinero checks all the boxes, making it our choice as the best overall accounting firm for small businesses. 

While inDinero’s base plan may be a little pricier than other firms, its all-in-one accounting services will still save fledgling businesses time and money. For $300 a month, the Essential Plan is stacked full of functions including easy invoicing, P&L and balance sheet creation, accounts payable and receivable tracking and reporting, monthly reconciliations, employee reimbursements, financial reporting, and document management. It also comes with a mobile app and a dedicated account manager. The Essential Plan is designed for startups and smaller businesses that use cash basis accounting. If you need accrual basis accounting, you will need to step up to their Growth Plan. 

At $900 per month, the Growth Plan is designed for more established small and medium-sized businesses. It’s pricier, but it adds some significant features, such as regular controller support and growth-focused reports and insights. Businesses that use the Growth Plan are provided with processes that can be scaled as they grow. 

For larger companies with more complex accounting needs and the need for business metrics analysis and audit support, inDinero will design a custom plan that includes fractional CFO services, multiple entity support, cash flow projections, and payroll support. 

For additional fees, inDinero offers tax support for filing state and federal taxes for current or previous years. You can also add a fractional CFO to help with financial projections, cash management, business analytics, and budgeting. Plus, if you’ve been neglecting your books, inDinero offers catch-up bookkeeping.

In addition to its real-time dashboard, which offers self-support features, clients can tap into inDinero’s support team via phone, email, or live chat. 

On the downside, inDinero offers few integration options. If you aren’t using Gusto, Justworks, Stripe, PayPal, Sitch Labs, or TriNet, you’ll have to use inDinero’s software, which is very powerful, but it’s not portable if you ever decide to switch firms.