Bookkeeping, tax, & CFO services for startups & small businesses

Most larger companies use accrual and Pilot does accrual from day one so there’s no painful transition later. Automate bank statements, invoices, and receipts with BankGPT. AI-powered, secure, and free to use—ideal for finance teams, accountants, and businesses. Get the peace of mind that comes with a team exclusively dedicated to Stock Administration. We’ll pilot bookkeeping keep your cap table accurate and up-to-date so that you can confidently make important, timely decisions. Pilot’s features are sufficient for basic bookkeeping, but they lack the depth and flexibility a business owner with more complex financial needs may require.

Suggested resources for small business owners

The main reason is that accounting is a regulated, strategic activity, whereas bookkeeping is not; you must get certified to become an accountant, while anyone can become a bookkeeper. Our expert team is assisted by powerful software that automatically eliminates common errors. Before choosing a bookkeeping service, see how founders like you use Pilot to save hours every month, avoid tax season surprises, and get reliable support. Xero is a cloud-based accounting platform designed for small to medium enterprises. It offers tools for invoicing, bank reconciliation, inventory tracking, and payroll.

Why it matters for businesses

Pilot set up their books and produced the investor-ready financials they needed to raise in just 4 weeks. Pilot also handled all the compliance paperwork for multi-state hiring so Iba could focus. Rapid growth from 5 to 50 people created dangerous cash flow cycles—looked profitable on paper but repeatedly came close to running out of cash. Tbh I’ll I want at the end of the day is reliable bookkeeping, the ability to get bookeeping/tax questions answered in one place, and not having to worry about setting up QuickBooks. Get the peace of mind that comes from partnering with a local finance expert.

Get guidance from CFOs who’ve been there.

• Your CFO will partner with you during the ongoing monthly engagement.
• In addition to basic bookkeeping services, Pilot’s subscription includes several supporting features.
• Read our complete Pilot review to find out more about the Pilot software and how it compares to other services!
• The service aims to help business owners save time and money on accounting and tax-related tasks.
• To help you make the most informed decision possible, we’ve pulled together a few resources below that break down bookkeeping needs, comparisons, and best practices.
• Pilot’s platform serves as a comprehensive hub for bookkeeping, with a dashboard that provides seamless access to financial reports and features.
• There are additional package options if you need tax support.

Pilot has raised over $150M in Series A, Series B, and Series C financing from Sequoia, Index Ventures, Stripe, Bezos Expeditions (Jeff Bezos’s investment company) and Whale Rock. Our investors also include a long-list of world-class entrepreneurs, including Patrick and John Collison, Drew Houston and Diane Greene. Deep integrations with the tools you already use, and a seamless platform for staying on top of everything.

Instead, negative reviews tend to indicate that Pilot lets the occasional client slip through the cracks, perhaps due to their bookkeepers being spread too thin. Small-business bookkeeping involves setting up a framework, choosing your method and keeping track of details. Many, or all, of the products featured on this page are from our advertising partners who …

• You can set it up to work with various apps like Gusto, Stripe, and others.
• Our experience with Pilot has been efficient and seamless.
• Choosing the right bookkeeping service isn’t always black and white, especially if you’re scaling or evaluating multiple vendors.
• Get in touch with us to see if Pilot is the right fit for you.

Accrual-basis, unearned revenue on the other hand, recognizes revenues and expenses when they’re incurred. If you send an invoice due in 30 days, that revenue is recorded when you send the invoice (instead of when it’s paid). Now that we have our CFO, we feel much more grounded in our decision making, overall company health, and growth trajectory. As a new business co-founded by two people who do not have business degrees (or any finance experience outside of Google Sheets).

• If you need help with paying bills and managing accounts receivable, you’ll have to talk to the Pilot team about the add-on service.
• We understand the unique challenges that come with growing a business and have the expertise you need to reach your goals.
• Read more about our recommended technology stack for growing retailers here.
• With Pilot, you get an advisor who knows your startup business and growth stage.
• Pilot and Bench also offer catch up bookkeeping, so you can get past months’ books in order, too.
• I love that it connects our accounts and takes some of the work-load off when it comes to running monthly reports.

Startup finance experts

Pilot offers your business a financial solution that can be tailored to your business. You can purchase Pilot bookkeeping as a core plan, accessing a specialist expert to help you and your financials. You can record accrual basis bookkeeping and prepare your necessary financial statements. Choosing between Bench and Pilot comes down to how complex your financial operations are and how confident you want to feel in your books. If you’re looking for a service that can https://advisor-company-tw.com/amortization-vs-depreciation-made-easy-a-beginner/ scale with your business, provide accurate bookkeeping services, and ensure your data stays portable and accessible, Pilot is built for you. Like most startup founders, you probably care that your books are accurate, timely, and easy to understand.

What Pilot customer reviews say

• AIChief is the largest & best AI tools directory, organized in 180+ categories.
• That’s why both Pilot and Bench include support in all pricing tiers, and it means you won’t pay additional hourly fees just to ask a question or get clarity on your books.
• Their expert team delivers accrual-based bookkeeping from day one, backed by QuickBooks integration and excellent support.
• Tax plans are billed separately but must be purchased with Pilot Bookkeeping services.
• Pilot has deep expertise in working with complex SBIR bookkeeping requirements, such as dealing with indirect costs, unallowable expenses, and more.

Read everything multi-time founders and business owners wish they’d known from the start—regarding finance, raising, hiring, and more. Learn how AI is impacting financial reporting and what forward-thinking founders should expect next from tools like AI Labs. With Pilot, you get peace of mind knowing your books are done well. Pilot has a robust process, brand, and knowledgeable team that you get access to. Get the peace of mind to focus on running your business, thanks to our triple-checked financial statements. You will receive a dedicated expert support member who will be your constant contact.

Reliable, stress-free accounting services for your business

But we did.Pilot gives you the freedom to focus on your business, knowing you’ll receive accurate, detailed books every month. Pilot goes beyond tax preparation services to offer everything you need for your business’s financial management. While Pilot offers real-time insights, they do not leverage AI automation as extensively as Zeni. Zeni’s AI agents work continuously to automate bookkeeping tasks, from categorizing transactions to reconciling accounts, providing unparalleled speed and accuracy. Customers also applaud Pilot’s consistency and efficiency in delivering on their basic promise of accurate monthly financial statements. However, those same customers note that it can take too long for Pilot to close the books, especially at the Starter tier.

Integrations, Compatibility, & Supported Platforms

Get your information reading for tax returns, using Pilot to save you time and resources. Various software can be integrated to gain the most out of Pilot, including Gusto, and Stripe. Use Pilot to increase flawless accuracy for your financial records, removing the chance that human error will take up more of your time.