Bookkeeping · Tennessee
QuickBooks and Xero bookkeeping for Tennessee businesses
A dedicated bookkeeper in your QuickBooks Online or Xero file, reviewed by a CPA, with Tennessee's sales tax and entity filings tracked alongside the books. From $99 a month, flat fee, no long-term contract.
Get my quote Call +1 (302) 601-0115 Book a free 30-minute call
- 447 Broadway, 2nd Floor, New York, NY 10013
- Certified Accountants, CPAs and Enrolled Agents
- Flat fees quoted upfront
- Replies within 8 hours
Get a fixed quote
Tell us the basics. We reply within 8 hours, no obligation.
Why Tennessee books need a Tennessee calendar
Clean books are only useful if they line up with what the state expects. Tennessee has a 7% state sales tax (about 9.61% combined with local rates), no personal income tax and an annual report of $300, due Annual, April 1. We build the chart of accounts and the month-end checklist around those facts, so the numbers are ready for whichever return comes next.
| Tennessee at a glance | What applies | Notes |
|---|---|---|
| Personal income tax | No personal income tax | No personal income tax |
| Corporate income tax | A 6.5% corporate income tax | Flat corporate rate (2026 table); Tennessee also levies a franchise tax on net worth |
| Sales tax | A 7% state sales tax (about 9.61% combined with local rates) | Combined figure is the population-weighted average with local rates (2026 table) |
| LLC fees | Formation $300; An annual report of $300, due Annual, April 1 | $300 minimum |
| Corporation fees | Annual report | Corporations file an annual report with the state; fee and date confirmed at engagement |
| S-corp election | Federal election recognised | No personal income tax, but S-corps and LLCs pay the franchise tax (net worth) and excise tax (6.5% of net earnings) |
Figures checked 2026-09 against Tennessee Department of Revenue and Tennessee Secretary of State. Rates and fees change; we confirm the current numbers for your entity before we quote.
What is included every month
- Bank and card feeds reconciled in QuickBooks Online or Xero
- Transactions categorised to a Tennessee-ready chart of accounts
- Tennessee sales tax collected, tracked and reconciled to filings
- Monthly profit and loss, balance sheet and cash summary
- CPA review of the close before reports go out
- Year-end financials ready for the business return
- Catch-up and clean-up as a fixed project when books are behind
- Payroll, invoicing and bill tracking on the Growth and Enterprise plans
What we watch for Tennessee clients
Tennessee has no personal income tax, but it taxes LLCs and S-corps at the entity level through the franchise tax on net worth and the excise tax on net earnings. Owners who assume pass-through treatment often discover the excise tax return late.
Sales tax is the usual trouble spot. Tennessee's a 7% state sales tax (about 9.61% combined with local rates) has to be tracked as a liability, not income, and remote sellers cross Tennessee nexus faster than they expect. Owner draws, loans between related entities and uncategorised transactions are the other three things we clean up most often. Nobody did anything wrong; there was simply never a monthly close.
Built for
- Tennessee small businesses on QuickBooks Online or Xero
- E-commerce sellers with Shopify, Amazon, Stripe or PayPal payouts
- Agencies, consultants and professional practices
- Foreign-owned Tennessee LLCs that also need the annual return
- Businesses behind by months or years
- CPA firms that need white-label bookkeeping capacity
How it works
- Free 30-minute call.
- Accountant access to your QuickBooks Online or Xero file.
- Written scope and a fixed monthly fee.
- First month closed within 30 days, with a review call.
- Every month after: reconciled, reviewed, reports in your inbox.
Plans for Tennessee businesses
- Micro from $99 a month: under 50 transactions, scoped on the free call
- Starter $299 a month: up to 300 transactions, 1 to 2 accounts reconciled, monthly reports
- Growth $599 a month: up to 600 transactions, 4 accounts, cash flow reports, payroll up to 10 employees
- Enterprise $999 a month: 1,000+ transactions, unlimited accounts, forecasting, multi-state sales tax, virtual CFO
Add-ons: sales tax filing $50 per state per month; QuickBooks or Xero setup $299; business tax return from $99. Flat fee, no long-term contract.
Tennessee questions people ask first
Do you handle Tennessee sales tax?
Yes. We track Tennessee sales tax as a liability in the books, reconcile it to what was collected, and file the returns as an add-on at $50 per state per month.
Do I keep my own QuickBooks or Xero subscription?
Yes. You own the file; we work inside it with accountant-level access, so you can see everything at any time.
Who does the work?
A dedicated bookkeeper on our Mumbai team does the daily and monthly work. A CPA in the team reviews the month-end close before reports go out.
Can you fix a messy file?
Yes. Clean-up and catch-up are quoted as a fixed project first, then you move to a monthly plan. Typical turnaround is two to four weeks.
Will the books be ready for my Tennessee and federal returns?
That is the point of the monthly close. Year-end financials are tax-ready, and we can prepare the business return itself from $99.
How fast do you reply?
Within 8 hours, by email or phone, with one point of contact.
Ready for a fixed quote in Tennessee?
Two sentences from you. A written price within 8 hours. No obligation, no long-term contract.
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