# Accrual

> Accrual builds AI software for accounting firms. Its agents organize client material, prepare source-linked draft tax returns and surface questions for professional review, while established tax engines calculate and file. After a 2026 launch and a production season with firms including Armanino, the company announced a deal for Puzzle's accounting-firm technology to move into monthly client accounting work.

- **Founded:** 2024
- **Headquarters:** San Francisco, United States
- **Founders:** Cosmin Nicolaescu (Co-founder and CEO), Siddarth Chandrasekaran (Co-founder)
- **Products:** Accrual Tax, Arc, Client accounting services
- **Notable:** Accrual reported more than 85% less preparation time and up to 60% less review time across early pilots., Its Armanino case study reports thousands of individual returns processed across six offices in 2026, a 15-minute median draft time, and 74% client portal acceptance., Announced $75 million in financing at its February 2026 launch.

## Products & services

- **Accrual Tax** — AI-assisted intake, document classification, client follow-up, source-linked draft returns, review and tax-engine integration for individual tax work.
- **Arc** — Agent platform for firm-specific research, reconciliations, workpapers and other multi-step work across connected systems, with scoped permissions and human approval.
- **Client accounting services** — Early-access monthly accounting workflow; planned integration of Puzzle's ledger and close technology is subject to deal closing.

## Achievements

- Accrual reported more than 85% less preparation time and up to 60% less review time across early pilots.
- Its Armanino case study reports thousands of individual returns processed across six offices in 2026, a 15-minute median draft time, and 74% client portal acceptance.
- Announced $75 million in financing at its February 2026 launch.
- Announced an agreement to acquire Puzzle's accounting-firm technology in September 2026.

## Latest updates

- **2026-09** — Announced agreement to acquire Puzzle's accounting-firm technology and business; CAS was in early access.
- **2026-09** — Introduced Arc for firm-specific, multi-step agent work.
- **2026-05** — Published Armanino's first-season production case study.
- **2026-02** — Public launch with $75 million in announced funding.

## Links

- Website: https://accrual.com
- LinkedIn: https://www.linkedin.com/company/accrual
- Twitter/X: https://x.com/accrualhq

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Profile page: https://yespress.io/accrual
Published by YesPress — https://yespress.io
Last updated: 2026-09-28