LedgerFi

LedgerFi is a bookkeeping and tax support firm for small businesses. It was founded by tax professionals, and its bookkeepers are based in the United States. The firm pairs human bookkeepers with an AI assistant called Abby.

Products and services

• Bookkeeping: categorising income and expenses and reconciling transactions, handled by a dedicated bookkeeper.
• Financial reporting: monthly reports written in plain English, with key figures and goals reviewed with the owner.
• Tax coaching: guidance through the year so owners can plan for their year-end tax position.
• Bill pay and payroll: automated recurring payments and links to payroll providers.
• Process review: an initial look at how the business handles its finances, to find ways to streamline the work.
• AI assistant: abby explains what happened in the accounts and what to do next.

Who it serves

Small and growing businesses that want more than a profit and loss statement and a balance sheet from their bookkeeper.

Key facts

• Based in: United States (bookkeeping team)
• Team: Licensed tax professionals and bookkeepers
• Tools: Abby, an AI assistant backed by tax experts