Tally Accounting

What Tally Accounting does

Tally Accounting is a CPA-led outsourced accounting firm based in Montreal, Canada, operating under the legal entity TALLY CPA INC. The firm delivers bookkeeping, payroll, year-end and tax filings, and accounts payable/receivable services to Canadian small and mid-sized businesses, with a stated focus on companies with $500K–$5M in annual revenue and on multi-entity structures operating across Ontario and Quebec. Service is sold through consultation-led proposals and packaged into three subscription tiers (Essential, Scale, Finance Team), with a separate custom offering for complex businesses.

The firm's core technology layer is built entirely on third-party cloud SaaS: QuickBooks Online serves as the general ledger, Dext for receipt and invoice capture, Wagepoint for payroll processing, Uncat for transaction categorization, and Plooto for AP/AR payment flows. A HubSpot-backed client portal and a public knowledge base support self-service and ticket handling. Delivery is 100% remote, leveraging a Canadian onshore team plus a Philippines-based offshore bookkeeping function. The firm is founder-led by Adam Chano, CPA, with a stated team of 10+ professionals including a CPA Controller and a Payroll/Office Manager, and publicly references serving 200+ Canadian businesses.

The revenue model is recurring monthly subscriptions across the three tiers, with add-on services for payroll and corporate tax filing; pricing is quote-based rather than publicly disclosed. The go-to-market motion is direct and consultation-driven, supported by client testimonials, a knowledge base for top-of-funnel education, and a careers page signaling ongoing remote hiring in both Canada and the Philippines. The firm reports no external funding, no acquisitions, and no awards or formal certifications.

Name

Tally Accounting

Legal name

TALLY CPA INC.

Website

https://tallyaccounting.ca

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

1–10 employees

Short description

Tally Accounting is a CPA-led, Montreal-based outsourced accounting firm serving 200+ Canadian SMBs with $500K–$5M in revenue, delivering bookkeeping, payroll, tax, and AP/AR services via three subscription tiers built on cloud SaaS tools.

Ownership category

akta.pro rank

Product category

Outsourced Accounting Services

NAICS

Offices of Certified Public Accountants (541211), Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Payroll Services (541214)

akta.pro primary industry

Billing & Revenue Operations (Subscription/Usage Billing, Rating, Order-to-Cash Support) (BPAAAGAD)

akta.pro secondary industries

Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB), Financial Planning & Analysis Support (Budgeting, Forecasting, Management Reporting) (BPAAAGAJ)

Keywords

• Outsourced accounting services
• Bookkeeping services
• Payroll management
• Tax compliance services
• CPA advisory services

Headquarters

HQ city

Montreal

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Outsourced Accounting Services: Recurring professional services including bookkeeping, payroll management, sales tax filings, year-end support, and controller oversight. Delivered through tiered service packages (Essential, Scale, Finance Team) with add-on services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Tally Accounting is a CPA-led outsourced accounting firm that provides recurring bookkeeping, payroll management, sales tax filings, year-end tax support, and accounts payable/receivable services to Canadian small and mid-sized businesses. Services are delivered remotely through tiered subscription packages (Essential, Scale, Finance Team) using a cloud-based technology stack centered on QuickBooks Online, Dext, Wagepoint, and Plooto. The firm operates as a complete outsourced finance department for clients with $500K-$5M in annual revenue, including multi-entity consolidation support and controller-level oversight.

Product overview

Tally Accounting is a CPA-led outsourced accounting firm offering a tiered service model. The core portfolio consists of four primary service lines — Bookkeeping, Payroll, Year-End & Tax, and Accounts Payable & Receivable — delivered through a cloud-based technology stack. These services are structured into three pricing tiers: Essential (foundational bookkeeping and compliance), Scale (adds controller oversight, accrual accounting, and monthly reporting), and Finance Team (full outsourced finance department with a dedicated controller, weekly bookkeeping, and all payroll and AP/AR services). Client support is augmented by a Knowledge Base and Client Portal. The technology stack centers on QuickBooks Online for the general ledger, Dext for receipt/invoice capture, Wagepoint for payroll processing, Uncat for transaction categorization, and Plooto for AP/AR management.

Differentiator

Problem solved

Functional benefit

Products and services

• Bookkeeping Monthly bookkeeping service covering catch-up work, recurring workflows, project and class tracking, and multi-entity consolidation, delivered by bookkeepers, accountants, and CPAs for Canadian growing businesses.
• Payroll End-to-end payroll management including employee portals, direct deposits, and compliance filings managed through the Wagepoint platform for Canadian businesses with employees.
• Year-End & Tax Corporate tax filings, year-end financial packages, and GST, HST, PST, and QST compliance managed by CPAs to keep Canadian businesses accurate and penalty-free.
• Accounts Payable & Receivable Invoice processing and vendor payment management using the Plooto platform, keeping cash flow visible and ensuring nothing slips through the cracks for growing businesses.
• Systems & Integration Setup and ongoing management of cloud-based accounting systems including QuickBooks Online, Dext, Wagepoint, and Plooto, providing clients with modern accounting technology infrastructure.

Quantifiable outcome

• Clients report saving 25+ hours per month on accounting tasks
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and supporting.

• QuickBooks OnlinecoreTechnology or IntegrationPrimary accounting platform used for client bookkeeping, invoicing, and financial management. Tally provides setup and ongoing management of QBO systems for clients.
• DextcoreTechnology or IntegrationReceipt and invoice management platform used for document capture and expense reporting. Tally helps clients set up and use Dext for streamlined receipt management.
• WagepointcoreTechnology or IntegrationPayroll management platform for employee portals, direct deposits, and compliance filings. Tally provides end-to-end payroll services using Wagepoint.
• PlootosupportingTechnology or IntegrationPayment processing integration for accounts payable and receivable management used in Finance Team tier services.
• UncatsupportingTechnology or IntegrationTransaction management platform for answering unknown transactions and document requests. Used for client communication on accounting questions.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bookkeeper360: Full-service bookkeeping, accounting, payroll, and tax services for SMBs delivered via cloud platforms (notably Xero and QuickBooks). Directly comparable tiered pricing and target customer profile to Tally.
• Botkeeper: AI-augmented bookkeeping and accounting service combining automation software with human accountants for SMBs. Comparable to Tally on subscription delivery model and SMB target segment, though more technology-forward.
• Bench Accounting: Tech-enabled outsourced bookkeeping and accounting firm serving SMBs in the US and Canada. Directly comparable to Tally on target customer (small businesses needing monthly books), subscription pricing model, and cloud-software-led delivery approach.
• 1-800Accountant: Virtual accounting, bookkeeping, and tax services for SMBs and entrepreneurs. Comparable to Tally in delivering subscription-based CPA-led services to small business clients across multiple jurisdictions.
• inDinero: Outsourced bookkeeping, tax, and CFO services for growing businesses. Comparable to Tally in offering subscription-based accounting support with controller oversight and tax filings for SMB clients.
• Pilot.com: Outsourced bookkeeping, accounting, and CFO services for startups and SMBs. Comparable to Tally on recurring subscription revenue, tiered service offerings, and CPA-led oversight delivered via cloud platforms.

Broad incumbents

• BDO Canada: Major Canadian accounting and advisory firm with full bookkeeping, tax, and CFO services. Overlaps with Tally's SMB bookkeeping and tax offering, but serves a much broader client range including enterprise.
• KPMG Canada: Big Four professional services firm providing audit, tax, and advisory including SMB accounting services. While KPMG's scale and enterprise focus differ significantly, it competes indirectly for growing Canadian SMB clients in the same revenue band as Tally's targets.
• Baker Tilly Canada: Canadian accounting and advisory network providing bookkeeping, tax, and advisory to mid-market and SMB clients. Comparable to Tally's SMB focus but operates as a multi-office national firm rather than a remote-first delivery model.

Regional players

• MNP LLP: One of Canada's largest national accounting and business advisory firms with strong presence in Ontario and Quebec. Directly competes for the same cross-jurisdictional Canadian SMB clients Tally serves, though with broader service depth.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Facebookfacebook.com/tallycpa

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tally Accounting