What MSPs Actually Spend on Accounting Software
FIRMA for MSPs
Recurring revenue by entity
Track MRR, ARR, and contract revenue separately across your service delivery entities. See which lines of business are growing and which need attention.
Project cost allocation across entities
When your managed services team deploys a project for a client, allocate the internal labor cost correctly between entities. No spreadsheet. FIRMA posts both sides.
Intercompany service agreements
Your holding company may charge your operating entity for centralized helpdesk labor or shared tooling. FIRMA handles this as a first-class intercompany transaction with full audit trail.
Consolidated reporting for planning
Board-level reporting across all entities in one view. Consolidated P&L, consolidated balance sheet, and intercompany eliminations — auto-generated on the first of the month.
Approval-first for controller oversight
MSPs with 10+ employees need controller-level controls. Every intercompany entry in FIRMA requires review before posting — no rogue entries in the GL.
Runs alongside ConnectWise and Datto
FIRMA handles your financial books — ConnectWise and Datto handle your PSA workflows. Import your financial data and run both systems without friction.
MSP Questions
Does FIRMA replace my PSA tool?
No. FIRMA is your GL and financial reporting layer — it does not replace ConnectWise, Datto, Kaseya, or Autotask for ticket management and client operations. It replaces QuickBooks as your accounting platform and handles the multi-entity complexity those tools can’t.
Can I track profitability by managed service client?
Yes. You can use FIRMA’s class/department tracking to segment revenue and costs by client or service line within each entity, then roll up to the consolidated view.
What does migration from QuickBooks look like for an MSP?
FIRMA provides a migration workspace for each entity. If you have 3 existing QBO company files, we migrate each one separately and build your entity hierarchy inside FIRMA. Typical migration: under 5 business days.