541219 - Other Accounting Services
When it comes to navigating the complex world of government contracting or business classification, NAICS code 541219 plays a pivotal role. Titled Other Accounting Services, this code covers a range of vital financial support services that enable businesses to maintain accurate financial records and streamline their accounting processes. Whether you’re a small business owner, an accountant, or a government contractor, understanding this classification can open doors to new opportunities.
What is NAICS Code 541219 - Other Accounting Services?
NAICS 541219 pertains to establishments primarily engaged in providing accounting-related services not included under the standard accounting services such as Certified Public Accounting (CPA) practices. This industry encompasses a broad array of services, including payroll processing, bookkeeping, billing, and more, all tailored to support businesses in managing their financial transactions efficiently.
These services are essential for helping organizations keep their financial records organized, compliant with regulations, and prepared for strategic decision-making.
Sector Overview: Professional, Scientific, and Technical Services
NAICS 541219 falls under the larger umbrella of the Professional, Scientific, and Technical Services sector. This sector includes firms that provide specialized services requiring a high degree of training or expertise. Within this sector, other accounting services include:
- Payroll Processing Services
- Bookkeeping Services
- Billing and Invoicing Services
- Medical Coding Services combined with Accounting Support
Code Details and Examples of Business Activities
The NAICS 541219 classification covers various specific business types and service offerings, as outlined in the table below:
| Code Details | Description |
|---|---|
| Accountants' (except CPAs) Offices | Non-CPA accountant services and advice |
| Accountants' (except CPAs) Private Practices | Small firms or independent non-CPA accountants |
| Accounting Services (except CPAs) | General accounting services excluding CPA work |
| Billing Services | Management of billing and invoicing processes |
| Bookkeepers' Offices | Firms providing bookkeeping but not certified accounting |
| Bookkeepers' Private Practices | Independent bookkeepers offering specialized services |
| Bookkeeping Services | Maintenance of financial transaction records |
| Medical Coding Services combined with Accounting Services | Specialized coding tied to medical billing and finance |
| Public Accountants' (except CPAs) Offices | Public-facing accountants excluding CPAs |
| Public Accountants' (except CPAs) Private Practices | Independent public accountants |
Size Standard for NAICS 541219
The small business size standard for NAICS 541219 is $25 million in average annual receipts. This means businesses with revenues at or below this threshold qualify as small businesses under SBA standards, impacting eligibility for certain government contracts and programs.
Typical Business Examples Under NAICS 541219
Here are some typical businesses and services classified under this NAICS code:
- Payroll processing companies that handle employee paychecks and tax filings
- Bookkeeping firms managing accounts receivable and accounts payable
- Billing service providers who manage invoicing and collections for clients
- Medical coding and billing services integrated with accounting functions (excluding CPA services)
Structuring your business or marketing efforts around NAICS 541219 can help you target specific government contracts or B2B clients seeking these vital accounting services.
Frequently Asked Questions (FAQs)
What services are included in NAICS 541219?
This NAICS code includes accounting-related services excluding CPA firm services, such as bookkeeping, payroll processing, billing, and medical coding combined with accounting.
How is NAICS 541219 different from other accounting codes?
NAICS 541219 specifically excludes CPA services and focuses on other accounting services like bookkeeping and payroll that support financial management without certified public accounting.
What is the size standard for NAICS code 541219?
The SBA size standard for NAICS 541219 is $25 million in average annual receipts.
Can medical billing companies fall under NAICS 541219?
Yes, but only if the medical coding and billing services are combined with general accounting services and do not involve CPA-certified work.
Why is knowing your NAICS code important?
Accurately identifying your NAICS code helps ensure eligibility for government contracts, access to small business support programs, and proper business classification.
Conclusion
NAICS code 541219 – Other Accounting Services – represents an essential niche within the professional services landscape, focusing on critical financial processes like payroll, bookkeeping, and billing. Whether you are a business looking to classify your services or a government contractor seeking relevant NAICS codes, understanding 541219 can enhance your operational clarity and market positioning.
By aligning your services with this classification, you position yourself strategically for growth, compliance, and new business opportunities in the highly competitive accounting services sector.
Keywords: NAICS 541219, Other Accounting Services, payroll processing, bookkeeping services, billing services, accounting support, professional technical services, SBA size standard, government contracting accounting codes.
