Insurance Agency Accounting & Bookkeeping Services
Clean books. Clear insights.
Linchpin provides accounting and bookkeeping services for independent insurance agencies, from day-to-day bookkeeping and month-end reconciliation to general ledger cleanup and financial reporting. Whether you need ongoing support, backup for your team, or help getting caught up, we’re ready to roll up our sleeves.
Accounting support that fits your agency
Ongoing Accounting
Keep day-to-day bookkeeping, reconciliations, and financial reporting moving with an insurance-focused accounting team. We work alongside your agency to support the financial tasks that need consistent attention.
Backup Support
Give your accounting team an extra set of experienced hands. Linchpin provides backup support for bookkeeping and accounting tasks, with help shaped around your agency’s needs.
Cleanup & Project Help
Get help untangling a messy general ledger, catching up on bank reconciliations, or tackling overdue accounting tasks. We’ll work with you to get caught up and moving forward.
What our insurance agency accounting services include
Linchpin helps insurance agencies manage everyday bookkeeping, maintain their general ledger, and prepare financial statements. We can provide ongoing service or support specific accounting tasks and projects.
- General ledger setup, chart of accounts review, and cleanup
- Cash and banking, accounts receivable, and accounts payable processing
- Direct bill entry and producer and broker statements
- Bank and month-end reconciliation
- Balance sheets, income statements, and financial reporting
- Payroll processing through your agency’s existing payroll provider
- Collaboration with your agency’s CPA
Insurance agency reconciliation support
Linchpin provides bank reconciliation, carrier payable reconciliation, and producer commission tracking for insurance agencies. We also reconcile financial records against your agency management system data, helping your team maintain a clearer picture of agency finances.
Our support includes:
- Carrier payable tracking and reconciliation
- Producer commission reporting and broker statements
- Bank account reconciliation
- Reconciliation of financial records against AMS data
Whether you need ongoing reconciliation support or help catching up, we’ll work with you to identify the tasks your agency needs covered.
Premium trust account support for insurance agencies
Linchpin provides premium trust account management and reconciliation for independent insurance agencies. Our accounting team supports this specialized work alongside carrier payable tracking, bank reconciliation, and financial reporting.
If your agency needs help with premium trust accounting, we’ll discuss your current processes and the support you need as part of your accounting engagement.
Month-end reconciliation & financial reporting
Linchpin supports insurance agencies with month-end reconciliation and financial reporting, including balance sheets and income statements. We help maintain the records behind those reports so your agency’s leadership has a clearer view of its finances.
Our accounting support brings together:
- Month-end reconciliation
- General ledger review and cleanup
- Balance sheet and income statement preparation
- Collaboration with your agency’s CPA
Whether we’re supporting your internal accounting team or handling ongoing bookkeeping, we’ll work with you to define the support your agency needs.
Accounting support within the systems you already use
Linchpin’s accounting team can work directly within Applied Epic, AMS360, EZLynx, and other agency management systems. Financial records can be reconciled against your AMS data or managed in a separate accounting system, depending on your agency’s setup.
You don’t need to switch systems to work with us. We’ll discuss your current tools, workflows, and accounting needs to determine how our team can support yours.
How to get started
1. Tell us what you need
Start with a discovery call. Tell us about your agency, the systems you use, and the accounting tasks or challenges you’d like help with.
2. Build a plan together
We’ll review your needs and develop an approach around your agency. That may include ongoing bookkeeping, backup support, or a focused cleanup project.
3. Put your plan to work
Our team works alongside yours to implement the agreed plan, with support shaped around your agency’s systems and processes.
Insurance agency accounting FAQs
Can we outsource only part of our agency’s accounting?
Yes. Linchpin offers ongoing accounting, backup support, and project-based help. We can support selected tasks alongside your internal team or provide broader bookkeeping support, depending on your needs.
Can Linchpin help clean up an out-of-balance general ledger?
Yes. Linchpin provides general ledger cleanup, chart of accounts review, and help with overdue accounting tasks. We’ll discuss your current records and the work needed to get caught up.
Do we need to change agency management systems?
No. Linchpin can work within systems including Applied Epic, AMS360, and EZLynx. We’ll review your setup to determine how to support your accounting work using your existing tools.
Can Linchpin work with our agency’s CPA?
Yes. Linchpin collaborates with your agency’s CPA as part of your accounting support. We’ll discuss how our bookkeeping and financial reporting work fits with your CPA’s role.
How does Linchpin help with payroll?
Linchpin processes payroll through your agency’s existing payroll provider. Our role supports that process; we do not provide full-service payroll, file tax returns, or issue W-2s.
Let’s take accounting off your to-do list
Whether you need ongoing bookkeeping, backup for your accounting team, or help untangling a messy ledger, let’s talk about what would make your agency’s day easier. We’ll start with your needs and build a plan together.