Who's behind Libra Financial.
The facts
Libra Financial is an online CPA service for small businesses: books set up and kept by a CPA, with the software included. It is based in Southfield, Michigan. The work is done by Dean Akeel, CPA (Michigan CPA license no. 1101042895, issued to Dean Abu-Akeel), who sets up each client's books and keeps them every month in Libra Financial's own software, which is included in every plan.
Plans are $25 a month (Self-Service: you do the bookkeeping, a CPA sets up and posts your books), $49 (Assisted: you categorize the routine lines, your CPA answers the rest and reviews the books every month), $199 (Full-Service: your CPA does the books, for businesses with up to $15,000 in average monthly expenses) and $299 (Full-Service Plus, for $15,000 to $50,000 a month). One-time setup and catch-up is $450 on the Full-Service plans. The price is the same every month.
Libra Financial works for owners of more than one business. Each business has its own books, bank accounts, people and rules; the owner signs in once, switches between them in one click, and sees every company's figures on one screen. Your CPA can also consolidate the businesses: one balance sheet and profit and loss for the whole group, with the money moving between the businesses taken out so nothing is counted twice. The CPA sets up the consolidation once for the group and runs it at month end, so the consolidated figures are as of the last run. Each additional business is its own plan at 25% off that plan's price.
To start, fill in the short form at https://libra-financial.com/get-started or book a 15-minute call with Dean. He replies within 24 to 48 hours. Questions go to support@libra-financial.com.
Your business return is prepared and filed by your CPA from the books we keep, so there is nothing to re-explain at tax time. Priced separately from the monthly plan. Libra Financial's Michigan CPA firm license is in process.
In Dean's words
I'm Dean Akeel. I learned accounting from my grandfather, who pushed me to become a CPA too. I've been in accounting since 2017 and a CPA since 2022, licensed in Michigan. I've worked with almost every kind of business, and I have an accounting degree from Oakland University.
I built Libra Financial because of how many times a client came to me to fix QuickBooks or another bookkeeping program. They bought it expecting it to work out of the box. Nobody set it up and nobody kept it up, and by the time it reached my desk it took hours, days, sometimes weeks to untangle, usually right before taxes.
The software was never the problem. Nobody was minding it. Every time, I wished the client had started with books a CPA set up on day one and kept right from there.
So that is what Libra Financial is. Not bookkeeping software you set up yourself, and not a bookkeeping service. It is an online CPA service.
I set up your books before you log in and I stay on them. I handle every client's books myself. You can see everything, any time.
I work from Southfield, Michigan. I'm one of five brothers, the third generation of CPAs in my family, and I played four years of Division 1 soccer at Oakland University. Questions? Email support@libra-financial.com or book a 15-minute call. I answer within 24 to 48 hours.
How the work gets done
- Every client's books are set up by Dean Akeel, CPA, before the client logs in.
- Bank rules and suggestions handle the routine lines, so the time goes to the questions that matter.
- On Assisted and up, your CPA reviews your books every month. On Full-Service, your CPA does the books and closes every month.
- When a lender asks for statements, they print the same day on your letterhead, and your CPA answers the lender's questions about the numbers.
- You can see everything, any time. Nothing happens to your books out of sight.