Legend Accounting Group

Frequently Asked Questions

• Who is Legend Accounting?

Legend Accounting is a provider of bookkeeping and accounting solutions to start-up, small and medium sized companies. Founded by an experienced entrepreneur with the goal of taking the tedious, time-consuming accounting and bookkeeping operations off the hands of business owners so they could focus more on their core business. No matter where your company is located in the United States, Legend Accounting can do everything a full-time bookkeeper or accountant would do at a fraction of the cost.

Working with Legend Accounting is as easy as using a photocopier and email. 

Our team processes your documents and does whatever bookkeeping and accounting tasks you specify. From this stage we’ll handle all the tedious bookkeeping tasks.

• What are the benefits of outsourced Accounting?

• • Cost saving vs. hiring an employee.
  • No employee turnover.
  • No overhead costs. No HR or benefit hassles.
  • Access your accounts, anytime and anywhere.
  • On-demand expertise is just a phone call away
  • Access to high level accounting and financial advice.
  • Higher data security.
  • Peace of mind with automatic data backups.
• What services does Legend Accounting provide?

Legend Accounting offers a wide range of accounting services. 

• What are some typical situations in which a outsourced Accounting Department makes sense?

Here are some typical scenarios where customers could take advantage of outsourced Accounting Legend Accounting’s services:

•  
  • In many businesses the owner/manager does not want the employees (even an accountant) to have access to the company’s numbers. By taking advantage of a off-site Accountant for bookkeeping, bank reconciliation functions, etc. the owner/manager keeps her data private and accurate at the same time.
  
  
  • When a start-up company or any other business needs to focus time, money and energy on customers and its core business, accounting tasks still need to be accurate, timely and also include understandable reports. But these tasks are often outside the skills or interests of the key employees who started the company. Having a full capability virtual accounting department while saving costs has high value to any company. This is where Legend Accounting can help.
  
  
  • As many employers are not accountants themselves, it is very difficult to hire the right bookkeeper or accountant. Using Legend Accounting’s services removes the hire and retain burden. In small or medium sized businesses it is difficult to afford all of the expertise you want for your accounting needs as they are both difficult to find and very expensive. This is especially true when the specific knowledge is only needed few times a year. Our Accounting Department solution means you have the entire resources of Legend Accounting and it’s accountants and bookkeepers available when you need them and only when you need them.

• Who will service my account?

According to your requested service, Your account will be assigned to a high experienced team of bookkeepers and accountants.

• Does this mean that I will lose control over my financials?

Not at all!! Actually Legend Accounting will give you the tools for better control over your financials. With Legend Accounting you will be able to check your accounts anytime and anywhere and also enjoy the many financial reports that you have at the tip of your fingers.

• Who will have access to my account?

This will be totally up to you. Your account will be password protected and you can authorize access to only the individuals you desire.

• I already have an accounting staff. Should I be replacing them with your services?

This will depend on the needs of your company. Although Legend Accounting will not need the help of your accountant, but if you personally feel that the combined strength of Legend Accounting and your accountant will create a more effective business environment for you, we welcome the idea. There is also this possibility that you may only need certain services form Legend Accounting and you might want to keep some services in-house.

• How much do your services cost and how do they compare to the cost of doing work with my own employees?

In comparison our fees are a fraction of what you would normally pay a traditional accountant. You can check our Rates & Fees page to see the different services we offer and their prices.