Related Reading:
Frequently Asked Questions
Does MoeGo offer bookkeeping services?
Yes, MoeGo provides full-service bookkeeping in addition to automated accounting features. We offer access to professional bookkeepers who can manage your books, ensure accurate financial reporting, and assist with tax preparation. This service allows you to focus on growing your business while we handle the detailed accounting work. If you need dedicated bookkeeping support, our team can handle tasks such as:
Transaction categorization and reconciliation
Generating custom reports (e.g., Profit & Loss, Balance Sheet)
Ensuring compliance with tax regulations
Ongoing financial oversight
How do I migrate my QuickBooks data to MoeGo Accounting for the Beta program?
To migrate your QuickBooks data into MoeGo Accounting, follow these steps by granting MoeGo access as an Accounting Firm in QuickBooks:
Log into QuickBooks: Sign in to your QuickBooks account.
Navigate to Manage Users: In the upper right corner, click Settings (gear icon). From the dropdown menu, select Manage Users.
Add MoeGo as an Accounting Firm: Scroll down to the Accounting Firms section. Then click Invite to add a new Accounting Firm.
Enter MoeGo’s Details: Fill in the following information to invite MoeGo to access your QuickBooks data:
First Name: MoeGo
Last Name: Accounting
Email: moego-accounting@layerfi.com
Save and Confirm: Click Save to send the invitation to MoeGo.
What types of transactions does MoeGo Accounting automatically categorize?
MoeGo Accounting automatically categorizes a variety of transactions. These transactions are categorized based on standard accounting practices into a predefined Chart of Accounts:
Service Revenue (e.g., grooming, daycare, evaluation services)
Product Revenue (e.g., retail products)
Refunds (for services and products)
Expenses (e.g., taxes and processing fees)
What types of reports are available in MoeGo Accounting?
MoeGo Accounting provides standard financial reports that help you analyze the financial health of your business and can be customized by date range:
Profit & Loss Statement: Overview of your revenue, expenses, and profit.
Balance Sheet: Snapshot of your assets, liabilities, and equity.
Statement of Cash Flow: This shows how cash is moving in and out of your business.
How do I reconcile my bank transactions with MoeGo invoices?
Reconciliation is done automatically through MoeGo Accounting by matching bank transactions with invoice payments.
If any transactions need manual review, they will be flagged in the "To Review" section under Bank Transactions. You can manually categorize and confirm unmatched transactions to complete the reconciliation process.
Can I use MoeGo Accounting for tax preparation?
Yes, MoeGo Accounting simplifies tax preparation by organizing your transactions according to standard accounting categories, such as Revenue, Expenses, and Taxes Payable.
You can easily generate reports to assist with filing taxes, and your accounting data is prepared in a way that meets compliance requirements.
Can I use MoeGo Accounting for multiple business locations?
Yes, MoeGo Accounting supports syncing data from multiple locations within one company.
During the setup process, you can select which business locations you want to connect to the accounting module, and MoeGo will manage the finances as one company.
What happens if I cancel my MoeGo Accounting subscription?
Once canceled, you may no longer have access to the accounting features, including transaction categorization, bank reconciliation, and financial reports.
However, your previous accounting data will remain accessible, and you can export reports before canceling if needed.