Gusto bookkeeping and accounting, done for you

Gusto bookkeeping services from LedgerBPO give US businesses a named accountant who runs each pay cycle in Gusto under your authority, posts the payroll journal to QuickBooks Online or Xero, and reconciles wages, taxes and benefits to the bank. Gusto files the returns; we make sure the ledger agrees with them.

  • Since 2020
  • Your subscription, your data
  • Payroll
  • US

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  1. Working inside Gusto: what LedgerBPO does

    Gusto bookkeeping services from LedgerBPO give US businesses a named accountant who runs each pay cycle in Gusto under your authority, posts the payroll journal to QuickBooks Online or Xero, and reconciles wages, taxes and benefits to the bank. Gusto files the returns; we make sure the ledger agrees with them.

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  2. Your subscription, your data

    Gusto bookkeeping services from LedgerBPO give US businesses a named accountant who runs each pay cycle in Gusto under your authority, posts the payroll journal to QuickBooks Online or Xero, and reconciles wages, taxes and benefits to the bank. Gusto files the returns; we make sure the ledger agrees with them.

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  3. Inside your file

    Pay runs prepared and reviewed in your own Gusto account

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  4. Reconciled on a calendar

    Payroll journal posted and reconciled to the bank every cycle

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  5. Reviewed before you see it

    Quarterly 941 and year-end W-2 totals tied to the ledger

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  6. A named accountant, a backup and a team lead

    Inside your own software, on a fixed close calendar, with a reply from a person within 1 business day. Call +1-657-777-0006 or start a quote.

    Get a custom quote 06 / 06
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Working inside Gusto: what LedgerBPO does36 seconds · captions on · no audio

Why businesses on Gusto outsource

Gusto makes running payroll simple, which is exactly why the accounting behind it gets neglected. The pay run goes out on time, but the journal lands in the ledger as one lump, benefits deductions sit in the wrong account, and the employer tax accrual never gets cleared against the debit Gusto takes. Owners notice at year-end when the W-2 totals and the P&L wages line do not match.

A dedicated accountant closes that gap. Each cycle we check hours and changes before submission, post the Gusto journal with the right splits for wages, employer taxes, benefits and reimbursements, then match every Gusto debit to the bank. You keep Gusto, you keep approval, and the books stay tied to what was actually paid.

What we do inside Gusto

Pay run preparation

We enter hours, new hires, rate changes and off-cycle payments in Gusto, then hand you the pay run to approve before it is submitted.

Payroll journal mapping

We set up and maintain the Gusto accounting integration so wages, employer taxes, benefits and reimbursements post to the right QuickBooks Online or Xero accounts.

Bank matching of Gusto debits

Gusto pulls net pay, taxes and fees as separate debits. We match each one to the journal so nothing sits in undeposited funds or suspense.

Contractor payments and 1099 support

Contractors paid through Gusto are tracked by vendor, so the 1099-NEC totals Gusto generates agree with the AP ledger.

Benefits and deductions review

Health, 401(k) and garnishment deductions in Gusto are reconciled to the carrier and provider invoices each month.

Quarterly and year-end tie-out

We tie Gusto's Form 941 filings and W-2 totals to the general ledger and document any differences before your CPA sees them.

Integrations we reconcile

  • QuickBooks OnlineGusto journal entries, payroll liability accounts and bank matches.
  • XeroPayroll journals, wages payable and tax clearing accounts.
  • FreshBooksPayroll expense posting for service businesses that invoice from FreshBooks.
  • Zoho BooksSynced or manual payroll journals reconciled to the Gusto payroll journal report.
  • ExpensifyEmployee reimbursements run through Gusto matched to approved expense reports.
  • RampEmployee roster sync and card spend kept separate from payroll reimbursements.

Migration to and from Gusto

Moving to Gusto

Moving to Gusto mid-year means loading year-to-date wages and taxes per employee so W-2s come out right. We gather the final payroll registers from your old provider, enter YTD balances in Gusto's setup flow, confirm which quarterly filings the old provider still owns, and run the first Gusto cycle in parallel with a full check of net pay and tax.

Moving from Gusto

Leaving Gusto for ADP, Paychex or QuickBooks Payroll follows the same logic in reverse. We download Gusto's payroll journal and tax payment reports, close out the last quarter Gusto will file, hand YTD figures to the new provider, and reconcile the final Gusto debits so the payroll liability accounts end at zero on the switch date.

Accounting software setup and migration

Common Gusto reconciliation problems we fix

  1. Payroll journal does not match the bank

    Gusto debits net pay, taxes and its own fee on different days. We match each debit to the journal lines so the payroll clearing account returns to zero every cycle.

  2. Employer taxes double-counted

    A common error is expensing employer taxes from the journal and again when the debit hits. We post the accrual once and clear it against the bank withdrawal.

  3. Benefits deductions in the wrong account

    Employee health and 401(k) deductions are liabilities, not expenses. We map them in Gusto so the carrier invoice clears the liability instead of inflating wages.

  4. W-2 totals disagree with the P&L

    Off-cycle bonuses, corrections and manual checks recorded outside Gusto create the gap. We reconcile every quarter so year-end has no surprises.

  5. Multi-state employees set up late

    A remote hire in a new state needs registration before the first check. We flag new states during onboarding so Gusto can file correctly.

Other payroll platforms

Frequently asked questions

Do you work inside my existing Gusto account?

Yes. You add us as an accountant or admin user in your own Gusto account, and you keep ownership of the subscription, the bank connection and final approval of every pay run. We prepare, you approve, Gusto pays and files. Nothing moves to a system you do not control.

How much does Gusto bookkeeping support cost?

Pricing depends on volume and scope, so we send a custom quote within 1 business day. The main drivers are the number of employees, pay frequency, how many states you pay in, and whether you also want benefits reconciliation and monthly bookkeeping in the same engagement.

Who files my payroll taxes?

Gusto files federal and state payroll returns and pays the taxes from your bank account. We run payroll under your authority, post the journals and tie the filings to the ledger. Our payroll support service covers this division of duties in more detail.

Can you fix a Gusto payroll journal that has been posting wrong for months?

Yes. We review the Gusto accounting mapping, repost or adjust prior journals, and reconcile the payroll liability accounts back to a clean starting point. This is scoped as a cleanup project, then handed to the monthly service.

Do you handle contractors paid through Gusto?

We track each contractor as a vendor so Gusto's contractor payments and the 1099-NEC totals agree with accounts payable. Contractors paid outside Gusto are added to the same schedule so nothing is missed at year-end.

What happens at quarter-end and year-end?

We tie Gusto's Form 941 and state filings to the ledger each quarter, then reconcile W-2 totals to the wages accounts before your CPA closes the year. Our payroll reconciliation service explains the checks we run.

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