📊 Accounting Software Terms Scanner

⚠️ 6 Accounting Software Gotchas to Watch For

• Historical Data Access After Cancellation: HIGH Cancel and lose access to years of financial records. Some platforms delete data 30-90 days after subscription ends—including tax documentation
• User/Client Entity Limits: MEDIUM Base plans limit billable users and separate company files. Accountants managing multiple clients face expensive per-client fees
• Bank Feed Disconnection: HIGH Bank connections may break during platform issues or cancellation. Reconciliation depends on connections you don't control
• Payroll Add-On Pricing: MEDIUM Payroll is often separate and priced per employee. $40/month + $6/employee adds up fast—what seems like accounting becomes expensive payroll
• Tax Form Filing Limitations: MEDIUM 1099 filing, W-2 processing, and tax form generation may cost extra or have limits. Compliance features gated behind higher tiers
• Accountant Access Restrictions: MEDIUM Giving your CPA access may require specific plans or additional fees. Collaboration with external accountants not always straightforward