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KPMG Spark Bookkeeping Sold

Dollar stackKPMG Spark, an online bookkeeping service, has been sold to Decimal by Big Four firm KPMG. Terms were not disclosed.

Decimal says the company plans to integrate the Spark technology into Decimal and as a result wil have integrated ledger for smaller businesses

Decimal, whose service integrates with QuickBooks Online, has previously served mid-sized SMBs, and offers them bookkeeping and accounts payable and bill pay services

Decimal’s core service starts at $395 per month and as described as suited for sole proprietors and small businesses with simple accounting needs while the Pro edition at $795 per month is target at small to medium-sized businesses, whose needs include project profitability, inventory management, and board ready financials

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