Ledgermere
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Before you ask

Questions owners ask before hiring a bookkeeper.

Straight answers. Prices are on the pricing page; everything else is here.

Frequently asked questions

What does Ledgermere do?

Ledgermere is a fixed-fee bookkeeping firm. We do monthly bookkeeping and catch-up bookkeeping inside your own Buildium, QuickBooks Online or Xero account, reconcile every bank, card and trust account to its statement, and close your books on a date agreed each month. We work with property managers and small businesses in the US and UK.

How much does it cost?

A fixed monthly fee set by the size of your books: transactions a month for QuickBooks Online and Xero, units for Buildium. No setup fee, no hourly billing, no contract, and the price is fixed for twelve months. Every plan is on our pricing page, with a calculator that prices yours in 30 seconds.

What is three-way reconciliation?

Three-way reconciliation checks that three numbers agree for a trust account: the bank statement balance, the balance in your accounting system's bank register, and the total of the individual owner and tenant ledgers. Many US states require property managers who hold client money to reconcile trust accounts this way on a regular schedule, and it is one of the first things an auditor or real estate commission examiner asks to see.

What is catch-up bookkeeping, and how long does it take?

Catch-up bookkeeping brings books that have fallen behind up to date. Every missed month is categorized, reconciled to its statements and closed, oldest month first. At Ledgermere, up to twelve months behind is closed within 14 working days of access. Longer backlogs get a finish date in writing before work starts. How the catch-up works.

Do I have to switch software?

No. We work inside your existing Buildium, QuickBooks Online or Xero account. If you have none yet, we set one up in your name and the subscription stays yours. We also move businesses from QuickBooks Desktop to QuickBooks Online, and from QuickBooks to Xero.

Do you prepare 1099s?

Yes. Each January we prepare owner and vendor 1099s from your Buildium or QuickBooks data, check vendor tax details and payment totals, and send them for your approval before they are filed from your software. Recipients' copies are due by January 31.

What access do you need? Is my data safe?

We need a user login in your accounting software and your statements or read-only bank feeds. We never ask for your bank login. An NDA and a data processing agreement are signed before anyone logs in, and if you remove our user we are out the same day.

Who actually does the work?

A small team of bookkeepers based in Lahore, Pakistan, working inside your own software. One named bookkeeper is responsible for your file, answers your messages and signs off every close, so you never re-explain your business.

Do you file tax returns?

No. Ledgermere is not a CPA firm and does not prepare or file income tax returns. Your CPA, enrolled agent or accountant keeps that work. We do the books, and at year-end they get twelve closed months and a cover note before they ask.

What if I want to stop?

There is no contract. Cancel any month. Your books stay in your software, closed to the last agreed date, and the year-end file comes with you.

Can I talk to you on WhatsApp?

Yes. Message us on WhatsApp for a quote or a quick question, any working day. Clients can also use it for the monthly question list if that's easier than email.

How do I get started?

Book a free 15-minute call below, or message us on WhatsApp. You get a fixed quote in writing within one working day. Add us as a user by Friday and we start on Monday.

Free 15-minute books review

Pick a time. Leave with a fixed price in writing.

We look at your software, your volume and how far behind you are. Within one working day you get a written quote with a finish date. If we aren't the right fit, we'll say so and point you to someone who is.

  • A fixed monthly price, and a fixed catch-up price if you're behind
  • The date your books will be current
  • The three biggest problems we can see, and how to fix them yourself if you'd rather

Add us as a user by Friday and we start Monday. We take on four new clients a month, so every close date holds. Next start date: Monday.

  1. 1About your books
  2. 2Pick a time
  3. 3Confirm
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Takes about 40 seconds.