Netdeposited

Specialized Accounting for Insurance Agencies

We handle the books behind your agency so you can focus on writing policies and growing your book of business.

We Understand Your Industry

Insurance agencies don't make money the way most businesses do. Revenue comes from commissions and renewals paid by carriers, often across multiple statements. Add producer splits, contingent bonuses, and premium funds you're holding on behalf of carriers, and the accounting gets complicated quickly.

Common challenges: Carrier commission reconciliation, producer splits, renewal tracking, contingent bonuses, fiduciary funds, and separating premium money from operating cash.
Why generic accountants struggle: Most accounting firms aren't familiar with insurance commission structures, carrier statements, producer compensation, or the accounting requirements around premium trust funds.
Why NetDeposited is different: We understand how insurance agencies actually operate. We reconcile carrier commissions, keep fiduciary funds properly separated, and provide reporting that shows which carriers, lines, and producers are driving your business.

The Problems We Solve!

Insurance accounting comes with complexities that generic bookkeeping firms often miss, and your financials need to reflect how your agency actually operates. We bring the industry knowledge and accounting expertise to keep your books accurate, organized, and ready to support smarter decisions!

COMMISSION & CARRIER RECONCILIATION

Every carrier reports differently. We reconcile their statements to your books so you know you've been paid what you're owed.
TRUST & FIDUCIARY FUNDS

Premiums you collect for carriers can't be mixed with operating cash. We track those funds separately so the money stays clean and accounted for.
PRODUCER & SUB-AGENT SPLITS

Whether producers are W-2 or 1099, we keep commission splits and payouts coded correctly and ready at tax time.
CONTINGENT & BONUS COMMISSIONS

Profit-sharing and volume bonuses land unevenly and are hard to plan around. We track them so they don't distort your picture of the month.
CASH FLOW VISIBILITY

Renewal timing makes agency cash flow lumpy. We give you clear reporting so you can see what's coming.
MULTIPLE ENTITIES & LINES

If you run more than one entity or multiple lines of business, we keep them separated and reporting cleanly.

Why businesses choose NetDeposited!

Our team brings specialized accounting expertise to businesses with complex financial operations. Led by a Certified Public Bookkeeper and Advanced QuickBooks ProAdvisor, we understand the systems, workflows, and reporting requirements that keep your financials accurate and useful.

From day-to-day bookkeeping to software integrations and more complex accounting needs, we build reliable processes around your business—not the other way around. The result is GAAP-compliant financials, greater clarity, and the confidence to make smarter decisions.

About the Team

The NetDeposited Process

Discovery Call

Where you’ll tell us what you’re looking for and we’ll discuss how we can help, the services you may need, and answer any questions.

Non-Disclosure Agreement (NDA)

Sounds a little extreme, but it’s to keep your business safe! This allows us to review your systems, determine what your business needs and to create a proper scope of work.

Explore Services

The Proposal

Once we’ve done our review, we’ll send you a
one-of-a-kind proposal tailored to the needs of your business!

Frequently Asked Questions

Yes. We track commissions, renewals, producer splits, and contingent bonuses, and reconcile them to your carrier statements.
Yes. We track and reconcile fiduciary funds so premium money you're holding for carriers stays separate from your operating cash.

In most cases, yes. We build integrations and workflows that move data from your management system into QuickBooks Online with less manual entry.
Yes. We organize your financials to separate agency revenue from premium funds and provide reporting that helps you understand profitability by carrier, line of business, and producer.