Small business accounting services for U.S. companies: accrual close, financial statements, payables and receivables, and controller review of all of it. The full accounting function at one flat monthly fee.
Management pack
March · Accrual close
42.8%
Gross margin
34 days
Days to collect
11 mo
Runway
Certified on the platforms your business already runs on
Small business accounting services cover the work above the ledger. They post the accruals, prepaids and deferrals that put income and costs in the right month. They prepare financial statements on that basis, run payables and receivables, and add a senior review of the close. Bookkeeping records what happened. Accounting makes it useful.
The moment usually comes from outside. A lender asks for accrual-basis statements, and yours are cash. An investor asks for last quarter's gross margin, and the report cannot split cost of sales from overhead. A buyer asks how you recognize revenue, and nobody has a policy. None of this means the bookkeeping was wrong. It means the business now needs accounting on top. Outsourced accounting for small business owners fills that gap without a new salary.
This is not a bookkeeping package with a report added. It covers the work of an in-house accounting department, for businesses that do not need one full time.
The accrual steps that separate accounting from bookkeeping, done every month.
Accruals, prepaids and deferred revenue posted so each month stands on its own.
P&L, balance sheet and cash flow on an accrual basis, with prior-period comparisons.
Gross margin, DSO, cash runway and other key ratios, with plain-English notes.
Results against your budget, with each large variance explained.
No forced migrations and no proprietary portal. We plug into your existing stack, or help you pick the right one during onboarding.
A bookkeeper, an accountant and a controller together cost well over $200,000 a year once benefits are added. Small business accounting services give you that coverage, priced as a service.
Cash-basis books show when money moved, which is rarely when it was earned or spent. Post the accruals, and a month that looked awful because a yearly insurance bill cleared turns out to be normal. Most confusion about the numbers is timing, not accuracy.
Bookkeeping follows the process. Controller review asks whether the process is right. The difference shows when something unusual happens, like a new revenue stream or an auditor's question. Having that judgment already in place is worth far more then than it costs all year.
Lenders, investors and buyers ask for the same things. They want accrual statements, aged receivables, a revenue policy and a clean audit trail. Businesses that build those under pressure lose weeks and bargaining power. Businesses that produce them monthly just send a folder.
Both are valid, and many businesses need only the first. Here is where the line falls, so you know which one you are buying.
First, a handover that learns how you report today. Then an accrual close with controller review on the same dates each month.
Day 0
Half an hour on how you report today and who asks you for numbers. That answer shapes how much accounting you need.
Day 1
One monthly fee and its scope in writing, including whether you need controller review or just the close.
Day 2
Secure access, then a review of your chart of accounts, revenue policy and past judgment calls before we post anything.
All month
Bills routed for approval, invoices raised, payments applied and late balances followed up.
Workdays 1 to 5
Accounts reconciled, then accruals, prepaids and deferred revenue posted.
Workdays 6 to 8
A controller approves the accruals and judgment calls, and questions any balance that moved without a reason.
10th of each month
Accrual statements, aged receivables and payables, and your key ratios, with notes and a call if you want one.
Each new month opens with last month's accruals reversed.
Accounting carries more judgment than bookkeeping, so how it is exercised matters more. Here are the questions to ask any provider, answered up front.
Each close is prepared to a written checklist, then gets a separate controller-level review. The checklist keeps the work consistent month to month.
Where a treatment is a judgment, not a rule, the reasoning is recorded. Your CPA can review the basis, not just the number.
We capture, code and schedule bills, and you approve and release every payment.
Accounting work on your file is done by Twelix under Twelix contracts. It is never resold to a marketplace.
Owners who moved their books to Twelix, on what changed afterward.
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Behind, stuck, or not sure the numbers are right? Send us the basics. We will review your file and tell you plainly what we find.
We already know what your chart of accounts needs to look like, which numbers matter, and where the books usually go wrong.
Payouts from every sales channel and sales tax, reconciled.
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Job costs, work in progress and retainage, tracked by job.
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Insurance claims, deposits and job cost, tracked by roof.
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A P&L for each property, plus escrow and owner draws.
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Daily POS sales, tips owed and food cost as a share of sales.
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Insurance payments and patient balances, matched to the bank.
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Cost per mile, IFTA fuel tax and driver pay, tracked.
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Deferred revenue, MRR and R&D tax credit support.
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Billable hours, work in progress and retainer balances.
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Restricted funds, grant tracking and Form 990 prep.
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Crop cycles, equipment depreciation and subsidy income.
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Recurring memberships, class packs and failed payments.
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Client deposits, vendor prepayments and margin per event.
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Revenue for each cohort, refunds and instructor pay.
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280E cost allocation and seed-to-sale reconciliation.
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Accounting outsourcing services turn your bookkeeping into reports you can decide from, and check that the numbers are right, for a flat monthly fee. That means posting accruals so income and costs land in the right month. It also means preparing financial statements, running payables and receivables, and reviewing the close. Bookkeeping records the past. Accounting explains it.
Twelix charges one flat monthly fee, set by transaction volume, number of entities and how much reporting you need. Many accounting services for small business bill by the hour, which costs most in the months you need help most. A single entity on cash basis sits at the low end. An accrual close with several entities and a monthly management pack sits higher. Your quote arrives within 24 hours of a free call.
You need accounting once decisions start depending on your numbers, not just your tax return. If you only need current books and filed taxes, bookkeeping is enough. Pricing, hiring, borrowing or selling the business all need accrual-basis figures. A simple test helps. If someone asks a question your reports cannot answer, you have outgrown bookkeeping alone.
Switch to accrual accounting when a lender, investor or buyer needs statements, or when cash timing hides your real margins. Accrual books record income when earned and costs when incurred, as U.S. GAAP requires. Many small businesses keep a cash-basis tax return while running accrual books for management. Your CPA decides the tax method, and changing it may need IRS Form 3115.
Outsourced controller services add controller-level oversight of your close as a flat-fee service, without a controller on payroll. That covers designing the close, reviewing the work, and approving accruals and judgment calls. It includes keeping the chart of accounts current as the business changes. It also gives your CPA and lender one place to take their questions.
Yes, we run both, and you keep full payment authority. On payables we capture bills, code them, route them for your approval and schedule payment runs. On receivables we raise invoices, apply payments and follow up on late balances on an agreed schedule. Each month we report days sales outstanding (DSO), the average number of days customers take to pay. We never move money for you.
Yes, every month we prepare accrual-basis financial statements: a P&L, balance sheet and cash flow statement. Accruals, prepaid expenses and deferred revenue are posted so income and the costs behind it share a month. Deferred revenue is cash received for work not yet delivered. Lenders, investors and buyers expect this format, and cash-basis books often fall short under their review.
Yes, most clients keep their CPA, and we work with them directly. We run the monthly accounting and send them a year-end file they can use without rebuilding it. Their time shifts from cleanup to tax planning. We are glad to join the year-end call and answer their questions on accruals or judgment calls.
Cleanup, tax and software-specific bookkeeping each have their own scope and price. Your accounting fee stays fixed.
Your books kept current, closed and reported by the 10th.
Learn moreMonths or years of backlog rebuilt and reconciled.
Learn moreCertified ProAdvisors running your QuickBooks file properly.
Learn moreXero-certified books with Hubdoc and bank feeds handled.
Learn moreFederal and state returns filed from books kept current.
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Start with a free 30-minute call about how you report today. You will hear honestly whether you need accounting or just bookkeeping, and get a flat monthly quote within 24 hours.
Month to monthNo setup feeController review included
