Who uses FICRU?
CPAs and small businesses. CPAs manage client books in one place, and small business owners keep their own books simple without QuickBooks complexity.
How long does setup take?
Minutes. Import a bank statement or spreadsheet, or add transactions by hand. The demo opens with sample data so you can see it before you sign up.
Do I need QuickBooks?
No. FICRU is built for owners who want simple books: ledgers, P&L statements, and invoices without QuickBooks complexity.
Can my CPA see my books?
Yes. Accountants can request access to view their clients' books from their own FICRU account.
Does it handle multiple businesses or entities?
Yes. Manage multiple businesses or entities from one account, with each business kept separate.
Can I get a classified P&L?
Yes. Your P&L breaks out by property or entity, shows unclassified items separately, and includes a combined total.
Will my accountant need to reclassify transactions?
Sometimes, yes. Imports arrive organized, and your accountant reviews and reclasses where needed. Categories are editable, and rules keep repeat transactions organized.
Is it double-entry accounting?
Yes. Every transaction posts to a double-entry general journal, so your books stay balanced and CPA-ready.
Does it handle fixed assets and depreciation?
Yes. Assets are tracked in a register and labeled tangible or intangible. Depreciation is calculated automatically from the schedule for tangible assets, and amortization for intangible assets, with fixed-asset reporting showing book value. You can also post a depreciation or amortization entry manually.
