Accrual has reached an agreement to acquire Puzzle’s accounting firm operations and technology assets, including its artificial intelligence-driven general ledger and month-end close software.
The financial terms of the deal have not been publicly disclosed.
Established by founder Sasha Orloff, Puzzle built an integrated workspace featuring its ledger, AI Close, Cowork and Chat tools, growing a customer base of more than 7,000 startups, small businesses and accounting firms.
Accrual itself has relied on Puzzle’s platform to manage its internal financial operations.
Under the terms of the deal, Orloff will transition to Accrual alongside several members of the Puzzle team.
As part of the agreement, Puzzle will continue to operate independently for the startups and small businesses that rely directly on its general ledger and accounting software.
The acquisition positions Accrual to broaden its service offering beyond tax preparation into the client accounting services (CAS) market.
This strategic move supports the company’s broader vision of delivering a unified platform that brings together tax, audit, advisory and client accounting capabilities.
Cosmin Nicolaescu, co-founder and CEO of Accrual, stated: “From the very start, our goal has been to provide accounting firms with a single intelligence layer spanning tax, audit, client accounting and advisory, rather than adding yet another disconnected tool to their stack.
“Puzzle has developed outstanding ledger and close technology, and Sasha and his team possess a rare combination of deep accounting expertise and the software insight required to elevate the work being done.
“Together, we can deliver production-ready AI to CAS much more quickly and help firms modernize one of the most critical areas of their operations.”
Accrual’s CAS product is presently in early access with select accounting firms.
Having launched in February 2026, Accrual plans to begin integrating Puzzle’s ledger and close capabilities following the closing of the transaction, with broader rollout anticipated by the end of 2026.
The transaction is expected to finalize in the coming weeks, pending the satisfaction of customary closing conditions.
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