
Based on checking the website Runaccounting.com, the platform presents itself as a comprehensive accounting, tax, and advisory service provider aiming to automate bookkeeping and offer CFO-level insights to small and medium-sized businesses.
The site emphasizes cloud accounting solutions, automation, and personalized advisory services.
Here’s an overall review summary:
- Purpose: To streamline accounting and tax processes, provide real-time financial insights, and offer strategic advisory services.
- Key Differentiators: Automation of pre-accounting work, integration with cloud accounting solutions, focus on CFO-level advisory, and fixed monthly fees.
- Target Audience: Small to medium-sized businesses, including eCommerce and those needing robust inventory management.
- Technology: Utilizes data extraction, OCR technology for receipts, cloud ledgers, and integrates with various software.
- Transparency: Provides information on services, features, and a “How It Works” section. Pricing details are available on a dedicated page though linked under “Incorporate”.
- Expertise: Claims to have trained in-house bookkeepers and CPAs, with staff located in Canadian and US headquarters.
- Missing Elements: While detailed, the website doesn’t explicitly mention adherence to specific ethical guidelines, which for businesses in the United States, can sometimes be a differentiator for certain client bases. There’s no immediate clear indication of financial security certifications beyond general 256-bit SSL/TLS encryption for cloud accounting.
Runaccounting.com positions itself as a modern solution for businesses looking to offload their accounting burdens and gain strategic financial insights without the overhead of a full-time in-house accountant.
The emphasis on automation and advisory services caters to a growing need for efficient and intelligent financial management.
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However, for a complete picture, potential clients would need to delve deeper into their specific security protocols beyond basic encryption and ensure their operational practices align with broader ethical frameworks.
Here are 7 ethical alternatives for accounting and business management services, suitable for businesses seeking robust financial solutions:
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- Key Features: Cloud-based accounting software, invoicing, expense tracking, payroll, financial reporting, inventory management, seamless integration with numerous third-party apps.
- Average Price: Monthly subscriptions ranging from approximately $30 to $200+, depending on the plan and features.
- Pros: Industry-standard, widely recognized, extensive features for various business sizes, strong app ecosystem, comprehensive reporting.
- Cons: Can be overwhelming for very small businesses, higher price point for advanced features, customer support can be inconsistent.
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- Key Features: User-friendly interface, bank reconciliation, invoicing, payroll integration, project tracking, expense claims, multi-currency support, robust reporting.
- Average Price: Monthly subscriptions from approximately $15 to $70+, based on the plan.
- Pros: Intuitive design, excellent for small to medium businesses, strong focus on automation, great for collaborative accounting with advisors.
- Cons: Limited payroll features in some regions requires integration, not as widely adopted in the US as QuickBooks, some advanced features might require add-ons.
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- Key Features: Free accounting, invoicing, and receipt scanning, integrated payment processing, payroll services paid, basic reporting.
- Average Price: Core accounting, invoicing, and receipt scanning are free. Payroll and payment processing are paid services transaction fees apply.
- Pros: Excellent free option for small businesses and freelancers, easy to use, handles basic accounting needs effectively.
- Cons: Limited advanced features, customer support can be slower for free users, payroll is only available in certain regions.
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- Key Features: Primarily focused on invoicing and expense tracking, time tracking, project management, client proposals, basic accounting reports.
- Average Price: Monthly subscriptions from approximately $15 to $55+, depending on the number of billable clients.
- Pros: Excellent for service-based businesses, freelancers, and consultants, very user-friendly invoicing, strong mobile app.
- Cons: Less robust for inventory management or complex accounting needs, higher price point for growing teams.
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- Key Features: Comprehensive accounting, invoicing, expense tracking, inventory management, project time tracking, multi-currency, strong integration with other Zoho apps.
- Average Price: Monthly subscriptions from approximately $0 for very basic features to $250+, depending on the plan.
- Pros: Scalable, excellent value for money, wide range of features, part of a larger ecosystem of business tools, good automation.
- Cons: Can have a steeper learning curve due to the breadth of features, customer support can vary.
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Sage Business Cloud Accounting
- Key Features: Cloud accounting, invoicing, cash flow management, financial reporting, inventory management, payroll integration.
- Average Price: Monthly subscriptions from approximately $10 to $25+, varying by region and features.
- Pros: Good for small businesses, straightforward interface, strong support for cash flow management, well-established company.
- Cons: Less feature-rich than some competitors, user interface can feel a bit dated, sometimes criticized for limited integrations.
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- Key Features: Enterprise Resource Planning ERP solution including comprehensive accounting, financial management, inventory, CRM, payroll, and more, all integrated into one system.
- Average Price: Custom pricing, often starting at several thousand dollars per month, tailored to specific business needs and scale.
- Pros: Highly scalable for larger businesses, consolidates multiple business functions, real-time data and reporting, extensive customization options.
- Cons: Significant investment time and money, complex to implement and manage, not suitable for small businesses due to cost and complexity.
Find detailed reviews on Trustpilot, Reddit, and BBB.org, for software products you can also check Producthunt.
IMPORTANT: We have not personally tested this company’s services. This review is based solely on information provided by the company on their website. For independent, verified user experiences, please refer to trusted sources such as Trustpilot, Reddit, and BBB.org.
Runaccounting.com Review & First Look
When you first land on Runaccounting.com, the immediate impression is one of efficiency and modern solutions.
The website design is clean, with a clear focus on automation and advisory services. The prominent tagline “Don’t do your accounting.
Run it.” immediately sets the tone, aiming to appeal to business owners looking for a hands-off approach to their financial management.
Initial Impressions and User Experience
The navigation is straightforward, with clear links to “Clients,” “Services,” “Features,” “Pricing,” and “How It Works.” This structure allows for easy exploration of what the company offers.
The use of concise language and bullet points helps distill complex accounting concepts into digestible information. Parfummm.com Review
Stated Value Proposition
Runaccounting.com clearly states its value proposition: combining accounting, tax, and advisory services into one seamless package, providing “CFO Value” without the traditional costs.
This is a powerful draw for small to medium-sized businesses that often lack the resources for a full-time CFO or a dedicated in-house accounting team.
Runaccounting.com Features
Runaccounting.com highlights a suite of features designed to automate and streamline the accounting process, providing businesses with real-time data and strategic insights.
These features are positioned as pillars that enable business owners to focus on growth rather than administrative tasks.
Automated Bookkeeping & Accounting Processes
One of the core promises of Runaccounting.com is the automation of pre-accounting work. This includes: Chrisheria.com Review
- Data Extraction Technology: The website mentions using technology to extract data from paper documents and transactions. This suggests the use of OCR Optical Character Recognition which is common in modern accounting solutions to minimize manual data entry.
- Seamless Data Transfer: By connecting bank and merchant processor accounts to their cloud ledgers app, they aim to ensure a seamless flow of transaction information. This significantly reduces the time and effort traditionally spent on gathering financial data.
- Receipt and Document Submission: Clients can submit receipts and paper documents via an expense app, either by taking a picture with their phone or forwarding soft copies to a dedicated email address. This method aims to simplify and accelerate the document submission process.
Cloud Accounting Solutions
Runaccounting.com emphasizes its provision of cloud accounting solutions, highlighting several benefits:
- Accessibility: “Access Data & Reports Anywhere” means business owners can view their financial information from any location with an internet connection, fostering flexibility and remote management.
- Real-Time Updates: Data is updated in real-time, providing an up-to-the-minute view of financial health, crucial for timely decision-making.
- Paperless Operations: A completely paperless workflow contributes to efficiency and reduces the environmental footprint, aligning with modern business practices.
- Reduced Time and Cost: Automation and cloud-based operations are designed to decrease the overall time and cost associated with accounting.
- Software Integration: The ability to integrate with other software is a significant advantage, allowing businesses to connect their accounting with CRM, inventory, or other operational tools for a unified view.
Experienced Advisory Services
Beyond automation, Runaccounting.com positions itself as a strategic partner, offering experienced advisory services:
- Deep Business Understanding: They claim to develop a deep understanding of all business operations, not just financial data, to provide more holistic value.
- Scheduled Advisory Calls: Regular communication through scheduled advisory calls ensures ongoing guidance and strategic planning.
- Tax Strategy: Comprehensive tax planning and strategies are offered to ensure businesses avail all available deductions and optimize their tax bill.
- Special Consulting: The availability of special consulting services suggests they can address unique or complex business challenges beyond routine accounting.
- CFO-Level Insights: The goal is to provide CFO-level experience and advisory, making high-level financial guidance accessible to businesses that might not otherwise afford it.
Newer, Better Solutions & Technology Updates
Runaccounting.com states a commitment to innovation and continuous improvement:
- Software Developer Collaboration: They claim to work directly with major software developers to introduce innovations and improvements. This suggests they stay at the forefront of accounting technology trends.
- Optimization & Adaptation: The promise of continuous optimization and adaptation ensures their services evolve with technological advancements and client needs.
- Regular Improvements and Updates: Clients can expect regular improvements and updates to the services, indicating a dynamic and progressive approach to accounting solutions.
These features collectively paint a picture of a forward-thinking accounting service aiming to simplify financial management while providing strategic business insights.
Runaccounting.com Pros & Cons
When evaluating Runaccounting.com, it’s essential to weigh its strengths against potential limitations to provide a balanced perspective for potential clients. Gotrendnow.com Review
Runaccounting.com Pros
Runaccounting.com presents several compelling advantages for businesses seeking accounting and advisory services:
- Automation-Centric Approach: The heavy reliance on automation for bookkeeping and pre-accounting tasks is a significant pro. This promises to reduce manual effort, minimize human error, and free up time for strategic activities. For example, automated data extraction via OCR technology, as mentioned, can significantly cut down on the time spent on receipt and invoice processing.
- CFO-Level Advisory: Offering access to qualified professional accountants and CFO-level advisory services is a major benefit for small and medium businesses that might not have the budget for an in-house CFO. This allows for higher-level strategic financial planning, tax optimization, and business insights.
- Cloud-Based Accessibility: The provision of cloud accounting solutions ensures clients can access their financial data and reports anytime, anywhere. This real-time access is crucial for dynamic businesses and remote work setups, fostering flexibility and immediate decision-making.
- Fixed Monthly Fee: The website mentions a fixed monthly fee that covers “everything.” This pricing model provides predictability and transparency for budgeting, allowing businesses to avoid unexpected hourly charges often associated with traditional accounting firms.
- Comprehensive Service Package: Runaccounting.com aims to provide a full package, from automated bookkeeping and payroll to tax planning, financial reporting, and strategic advisory. This integrated approach can simplify financial management by having all services under one roof.
- Paperless Workflow: The commitment to a completely paperless system is not only environmentally friendly but also contributes to efficiency, reduced storage needs, and faster processing of documents.
- Focus on Business Growth: By taking over the accounting burden, Runaccounting.com aims to give business owners more time to focus on core operations and growth strategies, aligning with their stated mission to “fast forward your business growth.”
- Experienced Professionals: The assurance that services are handled by “trained in-house bookkeepers and CPAs” located in Canadian and US headquarters, with no offshore outsourcing, provides a sense of reliability and expertise.
Runaccounting.com Cons
While Runaccounting.com offers many benefits, there are also areas that potential users might want to consider or investigate further:
- Lack of Explicit Pricing Transparency on Homepage: While a “Pricing” link exists, its placement under “Incorporate” might suggest it’s tied specifically to incorporation services rather than general accounting, potentially causing confusion. A more direct and immediately accessible pricing breakdown for all services would enhance transparency.
- Limited Public Reviews/Testimonials: The homepage doesn’t prominently feature customer testimonials or case studies with specific data e.g., “Company X saved 20% on tax costs”. While a “Clients” link exists, readily available social proof on the main page can build trust faster.
- Dependence on Technology: While automation is a pro, a con could be the reliance on specific technologies and integrations. If a client’s existing systems are not compatible, or if they prefer a more traditional, human-centric approach to certain accounting tasks, this model might not be ideal.
- General Security Statement: The mention of “256-bit SSL/TLS” encryption for cloud accounting is standard, but more specific details about their overall data security protocols, compliance certifications e.g., SOC 2, HIPAA for relevant industries, or disaster recovery plans are not immediately apparent on the homepage.
- Potential for Over-Automation for Very Small Businesses: For micro-businesses or freelancers with extremely simple accounting needs, a fully automated, CFO-value package might be more comprehensive and potentially more costly than what they truly require, even with a fixed fee model.
- Geography-Specific Focus: While they mention US and Canadian headquarters, businesses outside these regions might need to confirm service availability and compliance with local tax laws.
- No Free Trial for Services: The website encourages users to “click on ” and “Tell us about yourself” for a free consultation. While this is common for service providers, a free trial for a specific aspect of their automated tools if applicable could further entice potential clients.
Overall, Runaccounting.com appears to be a strong contender for businesses looking to modernize their accounting processes and gain strategic financial insights.
The cons are primarily related to presentation and the inherent limitations of any highly automated, cloud-based service rather than fundamental flaws in their stated offerings.
Runaccounting.com Alternatives
For businesses exploring options beyond Runaccounting.com, there are several reputable and ethically sound alternatives that offer a range of accounting, bookkeeping, and advisory services. Specdtuning.com Review
These alternatives vary in their approach, from comprehensive software solutions to specialized service providers, catering to different business sizes and needs.
Cloud-Based Accounting Software Platforms
Many businesses opt for self-managed cloud accounting software, leveraging automation features while retaining direct control.
- QuickBooks Online: The undisputed market leader, offering extensive features for invoicing, expense tracking, payroll, and reporting. It integrates with thousands of other business applications, making it highly versatile. It’s ideal for businesses that want a powerful tool to manage their own books, with options for accountant collaboration.
- Xero: Known for its user-friendly interface and strong bank reconciliation features, Xero is particularly popular among small and growing businesses. It offers robust invoicing, expense management, and payroll integrations, often preferred for its clean design and collaborative capabilities with accountants.
- Zoho Books: Part of the broader Zoho ecosystem, Zoho Books offers a comprehensive accounting solution including invoicing, inventory management, project tracking, and multi-currency support. It provides excellent value and is highly scalable for businesses looking for an all-in-one suite.
- FreshBooks: Specifically designed for service-based businesses, freelancers, and consultants, FreshBooks excels in invoicing, time tracking, and expense management. Its intuitive design makes it easy to send professional invoices and manage client projects efficiently.
Dedicated Accounting Service Providers
For businesses that prefer to outsource their accounting entirely, similar to Runaccounting.com’s model, several firms provide comprehensive support.
- Pilot: Pilot offers bookkeeping, tax, and CFO services for startups and growing businesses. They combine technology with human expertise, providing dedicated finance experts and advanced reporting. Pilot is particularly strong in handling complex equity structures and venture capital financing.
- Merritt & Company: A traditional accounting firm that often provides outsourced bookkeeping, tax preparation, and advisory services. While not as heavily automated as Runaccounting.com, they offer personalized service and deep expertise, particularly for local businesses looking for a long-term relationship with a firm.
- Bookkeeper360: This service provides dedicated bookkeepers, accounting software integration, payroll, and tax services. They leverage technology for efficiency but emphasize the role of human accountants in providing personalized support and actionable insights. They cater to a range of small to medium-sized businesses.
The choice among these alternatives depends on a business’s specific needs, budget, desired level of control, and preference for technology-driven solutions versus more traditional human-centric services.
Each offers a credible and ethical pathway to professional financial management. Sweettalkonline.com Review
How to Engage with Runaccounting.com
Engaging with Runaccounting.com is designed to be a straightforward process, moving from initial contact to setting up your customized accounting service package.
The website outlines a clear “How It Happens” section to guide potential clients.
Initial Contact and Information Gathering
The first step is to initiate contact.
The website prominently features a “” button and encourages users to “Tell us about yourself.”
- Filling out a form: There’s an option to fill out a form page, likely to capture basic business information and needs. This allows Runaccounting.com to prepare for the subsequent discussion.
- Direct Call: Alternatively, potential clients can directly call them. This offers a more immediate and personal way to convey specific requirements or ask initial questions.
Building Your Service Package
Once initial contact is made, the next phase involves a detailed discussion to tailor services to your business. Paw5.com Review
- Virtual or In-Person Meeting: Runaccounting.com offers both virtual and, presumably, in-person meetings though virtual is highlighted to discuss your needs comprehensively. This is where the specifics of your business operations, financial challenges, and growth objectives are explored.
- Customized Solution: Based on this discussion, they aim to “build the right package” that fits your unique requirements and budget. This implies a flexible service model, not a one-size-fits-all approach. The FAQ section further supports this, stating, “We understand each business is unique, and we’re committed to creating a customized solution that fits your needs and your budget.”
Service Implementation and Ongoing Management
After the service package is agreed upon, Runaccounting.com proceeds with setting up and managing your accounting.
- Cool Apps Setup: “We set your books up on some cool apps,” indicating the integration of various cloud-based tools and technologies to facilitate their automated accounting processes.
- Ongoing Accounting Management: Their team then “run your accounting so you can have more time to build your business.” This aligns with their core promise of taking over the accounting burden, allowing clients to focus on their core operations.
- Regular Advisory: The service package includes regular advisory calls, ensuring continuous guidance and strategic support. This reinforces their commitment to being a “finance business partner” rather than just a service provider.
The process is designed to be hassle-free, aiming to transition businesses quickly and smoothly into their automated and advisory-supported accounting ecosystem.
Runaccounting.com Pricing
Runaccounting.com states that it offers a “Fixed monthly fee that covers Everything.” This pricing model is a significant aspect of their value proposition, designed to provide predictability and transparency for businesses.
The Fixed Fee Advantage
The concept of a fixed monthly fee is highly appealing for businesses for several reasons:
- Budget Predictability: Businesses know exactly what they will pay each month, which simplifies financial planning and budgeting. This contrasts sharply with hourly billing models, where costs can fluctuate based on the complexity and volume of work.
- No Hidden Costs: The claim that the fixed fee “covers Everything” implies there are no surprise charges for additional support, consultations, or basic services. This fosters trust and allows businesses to utilize their advisory services without concern for escalating costs.
- Value for Money: By automating routine tasks, Runaccounting.com aims to deliver higher-level advisory services for less than the cost of a full-time accountant. This positions their fixed fee as a value-driven investment rather than just a cost.
How Pricing is Determined
While the website mentions a fixed monthly fee, it also states: “We understand each business is unique, and we’re committed to creating a customized solution that fits your needs and your budget.” This indicates that the exact fixed fee is not publicly listed on the homepage but is determined after a consultation. Bluewavetrade.com Review
- Customized Packages: The pricing is likely tailored based on factors such as the size of the business, volume of transactions, complexity of operations e.g., e-commerce, inventory management, and the specific services required e.g., basic bookkeeping, payroll, tax planning, extensive advisory.
- Consultation for Quote: Prospective clients are encouraged to engage in a consultation to discuss their needs, after which a personalized service package and corresponding fixed monthly fee would be proposed. This personalized approach ensures that the pricing aligns with the specific value delivered to each client.
For businesses ranging from very small to medium-sized corporations with over $10 million in annual sales, as mentioned in their FAQ, the fixed monthly fee offers a scalable and predictable solution for their accounting and financial advisory needs.
Runaccounting.com vs. Traditional Accountants
Runaccounting.com positions itself as a modern alternative to traditional accounting services, highlighting key differences in technology, service delivery, and value proposition.
Understanding these distinctions is crucial for businesses deciding which approach best suits their needs.
Technology and Automation
- Runaccounting.com: Heavily relies on technology and automation. Their approach involves “automated bookkeeper” and “automated accountant,” leveraging data extraction technology OCR from paper and transactions, publishing them to correct accounts. Reconciliations, taxes, and reports are designed to be “set it and forget it.” They specifically mention cloud accounting, real-time data, and paperless operations. This significantly reduces manual labor and processing time.
- Traditional Accountants: While many traditional accounting firms have adopted some technology, their core model often still involves more manual data entry, physical document handling, and periodic reporting. Automation might be used for specific tasks, but it’s typically not the central pillar of their service delivery. Data access might not be real-time, and client interaction often revolves around monthly or quarterly reviews of historical data.
Service Scope and Value
- Runaccounting.com: Aims to provide a “full package” from bookkeeper to CFO-level advisory. They explicitly state, “Meet your CFO Now anyone can access the experience and advisory of a qualified CFO.” By automating redundant tasks, they free up time for “higher level advisory,” focusing on strategic insights, tax planning, and business growth. They aim to be a “finance business partner.”
- Traditional Accountants: Often operate in a more segmented manner. You might have a bookkeeper for daily transactions, an accountant for tax preparation and financial statements, and a separate consultant for high-level advisory. While capable of providing strategic advice, their engagement model might be more reactive or project-based, rather than a continuous, integrated CFO-level partnership, especially for smaller clients.
Cost Structure
- Runaccounting.com: Offers a “fixed monthly fee that covers Everything.” This provides predictability and transparency, allowing businesses to budget effectively without fear of hourly overages.
- Traditional Accountants: Commonly use hourly billing or project-based fees. While some offer fixed packages, hourly rates are prevalent, which can lead to unpredictable costs, especially if a business has fluctuating needs or unexpected complexities arise. This can also discourage clients from seeking advice frequently due to cost concerns.
Client Interaction and Relationship
- Runaccounting.com: Emphasizes building relationships and having a “deep understanding of all your business operations – not just financial.” They promise regular advisory calls and a seamless, hassle-free experience. The automation aims to free up their staff to spend more time “talking to you.”
- Traditional Accountants: Client relationships vary widely. Some firms foster close advisory relationships, while others might focus more on transactional compliance work. Interaction might be less frequent or more reactive, often centered around deadlines e.g., tax season or specific requests.
Data Access and Reporting
- Runaccounting.com: Provides “real-time access to financial dashboard and reports” and “real-time current and historic financial data any time, anywhere.” Their cloud-based approach means data is always updated and accessible.
- Traditional Accountants: Data access often depends on their internal systems and how frequently they update client books. While they produce reports, real-time dashboards accessible to clients are less common unless they actively use and provide access to modern cloud accounting software.
In essence, Runaccounting.com is designed for businesses seeking a highly efficient, technology-driven, and proactively advisory-focused accounting solution, offering a predictable cost structure.
Traditional accountants, while varying widely, often provide a more human-intensive, compliance-focused service, which may appeal to businesses that prefer less automation or have very specific, non-standard requirements. Armstrongsgroup.com Review
How to Cancel Runaccounting.com Subscription
While Runaccounting.com’s website emphasizes a seamless and hassle-free experience, details regarding the cancellation policy or procedure are not explicitly outlined on the homepage.
This is common for service-based businesses where contracts are often customized.
However, based on industry standards for similar accounting service providers, a general outline for how one would typically proceed with cancellation can be inferred.
Reviewing Your Service Agreement
The first and most crucial step would be to review the service agreement or contract you signed when you initially engaged with Runaccounting.com.
- Contractual Terms: This document would contain the specific terms and conditions regarding cancellation, including notice periods, any early termination fees, and the required method of notification e.g., written notice, email, specific form.
- Billing Cycle: Understand your billing cycle e.g., monthly, quarterly, annually to ensure you provide notice in time to avoid charges for the next period.
Formal Notification Process
Assuming typical industry practices, the cancellation process would likely involve a formal notification: Kingofclunkers.com Review
- Contacting Your Advisor/Account Manager: Since Runaccounting.com emphasizes building relationships and assigning qualified professionals, your dedicated advisor or account manager would be the primary point of contact for initiating a cancellation.
- Written Notice: Even if a phone conversation occurs, it is always advisable to follow up with a written notice email or formal letter clearly stating your intent to cancel, the effective date of cancellation, and any reasons for canceling. This creates a clear record of your request.
- Specific Instructions: Be prepared to follow any specific instructions provided by Runaccounting.com, such as filling out a cancellation form or confirming details.
Data Transfer and Offboarding
A critical aspect of canceling an accounting service is ensuring the smooth transfer of your financial data.
- Data Export: Inquire about their data export policy. As they use cloud accounting solutions, there should be a straightforward process for you to download or transfer all your historical financial data, reports, and documents.
- Access to Records: Confirm how long you will have access to their systems post-cancellation and when your data will be purged from their servers.
- Transition Support: Discuss any support they can offer for transitioning to a new accounting solution or internal management. This might include providing final reports, reconciling accounts, or helping with the handover to a new accountant.
Final Billing and Confirmation
- Final Invoice: Expect a final invoice covering any outstanding services or prorated charges up to the cancellation date.
- Confirmation of Cancellation: Request a written confirmation of your service cancellation, including the effective date and confirmation that no further charges will be incurred.
Given Runaccounting.com’s focus on seamless operations, one would hope their cancellation process is equally transparent and supportive, facilitating a smooth offboarding for their clients.
FAQ
What does run mean?
Run Accounting is a concept based on using technology and automation to put small business bookkeeping on autopilot.
It aims to make accounting as simple as hitting a start button, where number crunching runs automatically, integrating applications for seamless workflows and providing real-time accounting data.
How is run different from average accounting services?
Run Accounting differentiates itself by offering a full package, from bookkeeper to CFO-level advisory, regardless of business size, without exuberant professional fees. Elgeeco.com Review
They achieve this by automating redundant tasks, allowing more time for high-level advisory, and assigning a qualified professional accountant to oversee books, functioning as a finance business partner.
What is cloud accounting and does run provide it?
Cloud accounting describes accounting and record-keeping using internet-based applications, where data is stored on remote servers rather than local devices.
Yes, Run Accounting provides cloud accounting, ensuring data security with 256-bit SSL/TLS encryption, similar to online banking, and eliminating the need for paper-based document transfers.
Is run suitable for small businesses?
Yes, Run Accounting caters to a wide range of clients, from very small businesses to medium-sized corporations with over $10 million in annual sales.
They are committed to creating customized solutions that fit individual business needs and budgets. Chudleyinternational.com Review
How do I send my documents and receipts to run?
Run Accounting connects your bank and merchant processor accounts to their cloud ledgers app for seamless data transfer.
For receipts and paper documents, you submit them via an expense app that uses OCR technology, either by taking a picture from your phone or forwarding the soft copy to a dedicated email address.
Where are Runaccounting.com’s accountants located and what are their qualifications?
All of Run Accounting’s staff work out of their Canadian and US headquarters. They do not outsource any work offshore.
Their team includes trained in-house bookkeepers and CPAs, collectively possessing decades of experience supporting small business owners.
What services are included in the comprehensive accounting package?
The comprehensive accounting package includes real-time automated bookkeeping, automated payroll, comprehensive tax planning, real-time access to financial dashboards and reports, financial planning, and strategic advisory. Mayercapitalinc.com Review
It also covers corporate tax returns, analytics, industry-specific add-ons, technology updates, and regular advisory calls.
What is the pricing model for Runaccounting.com services?
Runaccounting.com operates on a fixed monthly fee that covers all services.
This fee is customized based on individual business needs and is determined after a consultation, ensuring transparency and predictability in budgeting.
How does Runaccounting.com help businesses grow?
By automating accounting and bookkeeping tasks, Run Accounting frees up business owners’ time to focus on core operations and growth strategies.
They provide CFO-level insights, strategic advisory, and real-time financial data to support informed decision-making for business expansion. Nightlyhustle.com Review
Is Runaccounting.com suitable for e-commerce businesses?
Yes, Runaccounting.com has specific resources and understanding for e-commerce businesses, including articles like “The 10 Basic Rules of Ecommerce Accounting” and services that support inventory management, indicating their capability to handle the unique financial complexities of online retail.
Does Runaccounting.com help with tax planning?
Yes, Runaccounting.com offers comprehensive tax planning and strategies.
Their goal is to ensure all available deductions are utilized to minimize your tax bill, as part of their integrated service package.
What kind of reports can I expect from Runaccounting.com?
You can expect real-time access to financial dashboards and reports.
The comprehensive package includes various reporting options, such as quarterly, monthly, or annual reports, tailored to provide meaningful insights for managing and growing your business. Uniretech.com Review
How does Runaccounting.com handle security for cloud accounting?
Runaccounting.com states that their cloud accounting system uses 256-bit SSL/TLS data encryption level, which is the same as online banking, to ensure the security of your accounting data stored on remote servers.
Can Runaccounting.com integrate with my existing software?
Yes, Runaccounting.com mentions the ability to “Integrate with other software,” which is a key benefit of their cloud accounting solution.
This allows for a seamless flow of data between your accounting and other business applications.
What is the process to get started with Runaccounting.com?
The process begins by clicking on the “” button or calling them to tell them about your business.
Following this, there’s a virtual or in-person meeting to discuss needs and build a customized service package. Finscanner.io Review
Finally, they set up your books on their apps and manage your accounting.
Does Runaccounting.com provide payroll services?
Yes, Runaccounting.com offers automated payroll services that take care of all government and employee remittances, ensuring a hassle-free process for businesses.
What if my business has complex inventory needs?
Runaccounting.com addresses inventory specifically, as evidenced by an article titled “Everything You Need to Understand About Inventory.” This suggests they have expertise and solutions tailored for businesses with complex inventory management requirements.
How frequently can I have advisory calls with Runaccounting.com?
Runaccounting.com includes “Regular Advisory calls” as part of their comprehensive accounting package.
The frequency is likely tailored to your business needs, ensuring ongoing guidance and strategic support.
Is there a free trial for Runaccounting.com’s services?
The website doesn’t explicitly mention a free trial for their full services.
Instead, it invites potential clients to click the “” button for a free, no-obligation discussion about their needs.
What happens to my data if I decide to cancel Runaccounting.com services?
While the website does not explicitly detail the cancellation process, typical industry practice for cloud-based accounting services would involve the client needing to formally request cancellation and ensuring all historical financial data and documents are exported or transferred before the service concludes.
It is advisable to review the service agreement for specific data retention and transfer policies upon termination.
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