Accounting software for US businesses
Hengo is a multi-currency accounting and bookkeeping platform built for US businesses. It automatically calculates state-level sales tax, tracks multi-state nexus, supports USD and foreign currencies, and produces tax-ready financial reports — all in one workspace.
Last updated: September 2026
How does Hengo handle US sales tax?
Hengo automatically calculates state-level sales tax based on the ship-to address. You enter your sales tax registration number for each state where you have nexus, and Hengo tracks the tax collected and tax paid for each filing period.
When it is time to file, Hengo generates a sales tax return by state, ready to submit to your state's Department of Revenue. Hengo supports monthly, quarterly, and annual filing frequencies, matching each state's requirements based on your revenue and nexus status.
Does Hengo support multi-state sales tax nexus tracking?
Yes. Hengo tracks your sales tax nexus by state, so you know exactly where you have a filing obligation. You can register or deregister for sales tax in each state, and Hengo adjusts the tax calculations accordingly. This is particularly useful for e-commerce businesses that sell across multiple states and need to monitor economic nexus thresholds.
Hengo also alerts you when you approach a state's economic nexus threshold, so you can register before you are required to file. This prevents costly penalties for late registration in states where you have already crossed the threshold.
Can Hengo handle a business operating in the US and Canada?
Yes. Hengo is designed for cross-border businesses. You can create separate workspaces for your US and Canadian operations, each with its own currency, tax registration, and chart of accounts. The US workspace handles state sales tax in USD, while the Canadian workspace handles GST/HST/QST in CAD.
For consolidated reporting, Hengo converts all transactions to a single reporting currency and produces combined financial statements. This is particularly useful for businesses that invoice clients in both countries, pay suppliers in multiple currencies, or have employees in both the US and Canada.
What US tax forms and reports does Hengo generate?
- State sales tax returns — by state, with tax collected and tax paid
- Income statement and balance sheet — cash or accrual basis
- Schedule C preparation — for sole proprietors and single-member LLCs
- Form 1120 preparation — for C corporations
- 1099 tracking — for contractor payments
- Cash flow statement — indirect method, monthly and annual
All reports can be exported as PDF or Excel, and shared with your CPA through a secure link. Hengo also tracks audit-ready journal entries with immutable posting, so your books are always reviewable by an IRS auditor or external accountant.
How much does Hengo cost for a US business?
Hengo pricing starts at $19/month for the Starter plan, which includes state sales tax handling, multi-currency support, 500 transactions per month, invoicing, and bank reconciliation. The Growth plan at $59/month adds unlimited transactions and project tracking. The Professional plan at $119/month includes crypto accounting, engagement letters, and API access.
All plans include a 14-day free trial with no credit card required. Sign up here or see all plans and pricing.
Frequently asked questions
How does Hengo handle US sales tax?
Hengo automatically calculates state-level sales tax based on the ship-to address. You enter your sales tax registration number for each state where you have nexus, and Hengo tracks the tax collected and tax paid for each filing period. When it is time to file, Hengo generates a sales tax return by state, ready to submit to your state's Department of Revenue.
Does Hengo support multi-state sales tax nexus tracking?
Yes. Hengo tracks your sales tax nexus by state, so you know exactly where you have a filing obligation. You can register or deregister for sales tax in each state, and Hengo adjusts the tax calculations accordingly. This is particularly useful for e-commerce businesses that sell across multiple states.
Can Hengo handle a business operating in the US and Canada?
Yes. Hengo is designed for cross-border businesses. You can create separate workspaces for your US and Canadian operations, each with its own currency, tax registration, and chart of accounts. The US workspace handles state sales tax in USD, while the Canadian workspace handles GST/HST/QST in CAD.
What US tax forms and reports does Hengo generate?
Hengo generates state sales tax returns by state, income statement and balance sheet (cash or accrual basis), Schedule C preparation for sole proprietors, Form 1120 preparation for corporations, and 1099 tracking for contractors. All reports can be exported as PDF or Excel.
How much does Hengo cost for a US business?
Hengo pricing starts at $19/month for the Starter plan, which includes state sales tax handling, multi-currency support, 500 transactions per month, invoicing, and bank reconciliation. The Growth plan at $59/month adds unlimited transactions and project tracking. The Professional plan at $119/month includes crypto accounting and API access.