How does Greenspace work?

We become your go-to friendly support for all things managerial accounting. This means that in addition to carefully consolidating, coding, and inputting all your relevant data from all sources, reconciling every line and transaction, and providing detailed and helpful reporting, we are also always around to help. Not sure what a graph means? We’ll help you understand! Need help figuring out if you can hire a new employee? We can help you calculate and project a budget! Our most important goal is to help you, always.

What’s included in my service?

As your new managerial accounting team, your service includes everything to provide you with accurate and useful reporting. We take data from every source (merchant services, payroll, loans, banks, credit cards, etc) and carefully code, reconcile, and input it into your reports so that we can provide you with the most detailed and powerful reporting possible.

Can I sample the service before I buy?

Because all of our services are fully custom and built just for you, we do not offer any trial. However, we proudly stand by our service and will provide you with a full refund if you are not satisfied in the first month!

How does the consultation work?

The consultation is a simple series of questions that help us to get to know you and your business better. We’ll ask about things like if you run payroll, if you have loans, etc and then calculate the best custom solution for you.

How does the customization work?

Every business is unique and has to deal with special problems and goals, so there is no one-size-fits all when it comes to managerial accounting. Our customization process starts with the consultation and, as we work together each month, we add more and more custom components. For example, you might want specific reporting on a certain menu item in your restaurant, so we will put together custom and detailed reports that you can review every month along with offering you tips or trends we notice.

Can you help me with solving problems?

Yes, we love helping our clients solve problems! Not only will we point out any trends or problem areas, we will also offer helpful tips or recommendations on how to solve these problems. We can help with anything from reporting on odd charges to helping you figure out your most profitable item!

Do I always work with the same person?

We believe that managerial accounting works best when you have a good relationship with your team, so yes, you will always work with the same people who know you and are familiar with your data and specific needs. You will always have three people on your team; a customer service guide, your bookkeeper, and your accountant. With a highly skilled and helpful team, you will always have someone available to help you quickly who understands your account in detail.

What software do you use for accounting?

We work with both Quickbooks Online and Xero for all our clients since these are the most powerful and detailed accounting solutions available today.

What other software do you support?

Businesses today are run efficiently using a series of different software, such as, point of sales, payroll, merchant services, etc. We are able to customize a connection between most software available, but we recommend the following: Gusto, Bill.com, Stripe, Launch 27, Amazon, and TaxJar. We also have a team of experts always on the look out for new and helpful software, so if you’re looking for a helpful solution to a problem you can always ask your team!

Do you support cash or accrual accounting?

We believe in starting our clients out on the best foot forward, so we always recommend using accrual accounting methods. However, if you require cash accounting, we can help you make adjustments and run reports!

Does Greenspace file my taxes?

We do not file your taxes with the IRS or any other agencies, however, we do make sure your financial reports are perfect and ready-to-go come tax time. We prepare a Year End Financial Package that contains everything your CPA will need to file. We can even work with your CPA directly so that you don’t have to worry about any confusing tax questions!

Do you offer tax or financial advice?

While we will always help with suggestions, tips, or helpful reports about your accounting data, we cannot provide you with any tax, legal, or financial advice. We always recommend chatting with your CPA or attorney for tax or legal advice.

Do you offer invoicing, bill payment, inventory management, or payroll?

We do not offer any of these services, but we can help you get connected with the right software or company to help you with administrative tasks like these.