Frequently Asked Questions

Get answers to Songbird Accounting's most frequently asked questions

I'm behind on my bookkeeping. Can you help?

"Yes, we can help online coaches, consultants and subscription-based businesses all across the United States get caught up quickly. We specialize in cleaning up backlogged financials, reconciling accounts, and organizing books to ensure compliance. Our bookkeeping services also include tracking essential metrics like Monthly Recurring Revenue (MRR), and Client Retention Rates (CRR). Once everything is up-to-date, we’ll implement automated systems to maintain accuracy and ensure you stay on track moving forward."

What's the best software for my business?

"For subscription-based businesses, online coaches, and consultants, we recommend QuickBooks Online. As a versatile and powerful cloud-based accounting software, QuickBooks Online integrates seamlessly with payment processors like Stripe, PayPal, and Square, making it ideal for managing recurring revenue, tracking client payments, and maintaining accurate financial records. We’ll set up and customize QuickBooks Online to fit your business needs, streamlining your bookkeeping and tax processes for efficiency and accuracy."

Do you offer tax planning?

"Yes, we offer specialized tax planning services for subscription-based businesses, online coaches, and consultants to minimize liabilities and optimize cash flow. We ensure compliance with local and federal tax laws, provide strategies for maximizing deductions, and help you identify opportunities for applicable tax credits. Our proactive approach ensures you're always prepared for tax season while setting the foundation for ongoing financial success."

Can you handle the taxes for my business?

"Absolutely! We provide full-service tax preparation and filing for subscription-based businesses, online coaches, consultants, and creative entrepreneurs. We specialize in handling complex tax matters such as multi-state taxation and recurring revenue models. Our team stays up-to-date on the latest tax regulations to ensure compliance, help you avoid penalties, and maximize deductions and credits for your business."

Are there any industries that you specialize in?

"We specialize in subscription-based businesses, online coaches, consultants, and creative entrepreneurs, providing tailored accounting, bookkeeping, and tax services. Whether you’re managing a membership platform, offering coaching programs, or running an online creative business, we understand the unique financial challenges and growth metrics of your business model. Our services are designed to optimize your financial processes, giving you the insights and support you need to scale with confidence."

Do you offer fractional CFO services?

"Yes, we offer outsourced CFO services specifically tailored to subscription-based businesses, online coaches, and consultants. Our services include cash flow forecasting, KPI tracking (such as client acquisition costs and retention rates), budgeting, and strategic financial planning to support your business’s scalability. We provide high-level financial insights to help you make informed decisions and optimize for growth."