Bookkeeper360 Review: Pricing, Features, and Top Alternatives

bench vs bookkeeper360

Bookkeeper360 can work with a variety of payroll solutions, including top providers like Gusto and ADP. It also gives you the option to integrate Xero with these different solutions to sync your payroll data. Bookkeeper360 offers tax services that include individual or business income tax filings, local tax filings, 1099 reporting, and overall tax planning and compliance.

Why You Can Trust Fit Small Business

bench vs bookkeeper360

In addition to the cost of QuickBooks Live, you will pay a monthly subscription fee for QuickBooks Online, which ranges from $30 to $200. Its low flat-rate fee and 100% money-back guarantee are also attractive features. You can use its monthly financial reports to assist with filing taxes, and https://www.bookstime.com/articles/enrolled-agent-salary it provides a simplified issuance and electronic filing of 1099s for your contractors at an additional fee. If you’re unsure whether assisted bookkeeping is right for you, read our guide to the best small business accounting software for great do-it-yourself (DIY) accounting software options.

Is Bench Bookkeeping Right For You?

  • Danielle Bauter is a writer for the Accounting division of Fit Small Business.
  • Overall, Bookkeeper360 offers a comprehensive and reliable bookkeeping solution for small businesses.
  • See first-hand how Bench brings all of your accounts, transactions and money info into one secure, central place.
  • There are many factors to consider, such as if they can handle the accounting tasks you want to outsource and offer the services you need—at present and in the future—at a cost you can afford.
  • Finally, the Inventory plan is designed on a project basis and can accommodate inventory management, workflow planning, inventory projections and reorder points.
  • Bookkeeper360 eliminates the headaches and cash surprises caused by having messy books and inaccurate financials by providing you with accurate and timely financial insights about your business.

Once they’ve categorized your transactions, your bookkeeper will use them to generate financial statements that tell you how money is moving in and out of your business. Bookkeeping.com is a great Bookkeeper360 alternative if you already use QuickBooks bookkeeper360 and prefer pricing based on transactions. Plus, with a similar setup process to Bookkeeper360, you have the opportunity to talk directly to the Bookkeeping.com team to learn more about its offerings and find out if its service will work well for you.

CFO Advisory

  • We also didn’t like that the fee for your first month of service is now only available as a custom quote.
  • Other custom integrations are priced per project, and you have to work with the Bookkeeper360 team directly to determine this cost.
  • You can use this year-over-year comparison to spot seasonality in revenues and expenses.
  • Our team leverages its expertise and extensive research capabilities to identify and address the specific questions our audience has—and this ensures that our content is rooted in knowledge and accuracy.
  • The monthly cost for each service level is determined by the level of monthly expenses and whether your company wants cash or accrual accounting.
  • Your company’s bookkeeper360 transactions are also available in the portal, and you can request an appointment with your bookkeeper.

You will also want to take into account which accounting method the bookkeeper uses and how often you will communicate with them. Other questions to consider include whether the service can accommodate your accounting software and if you will require catch-up bookkeeping services. We suggest reading our guide on how to choose a virtual bookkeeper for the step-by-step process. A virtual bookkeeper handles your bookkeeping remotely, and all communication and storage of financial documents are handled within the bookkeeping software. They will categorize your transactions and prepare financial statements for your review.

bench vs bookkeeper360

In our evaluation of the leading online bookkeeping services, we rated Bookkeeper.com as the best virtual full-service accounting firm. Its many valuable services include financial reporting, bank and credit card reconciliation, and payroll management. However, while it can help with paying bills, it doesn’t provide catch-up bookkeeping services.

Dobrić, Petrušev team up for lob and slam

QuickBooks Live recently increased its starting price from $200 to $300, so it scores only 4 out of 5 points for pricing. We also didn’t like that the fee for your first month of service is now only available as a custom quote. QuickBooks Live also took a hit in the personal bookkeeper category because it doesn’t provide a phone number to call, although you can request a call-back. There also isn’t a mobile app that is specific to QuickBooks Live that you can use for communicating with your bookkeeper, so we deducted points there as well. Catch-up bookkeeping is offered at 20% off the standard monthly rate but is only available to new clients who sign a one-year bookkeeping services contract. Brainy Advisors also offers add-on services like A/R and A/P management at $49 per hour.

Bookkeeper360 User Reviews

bench vs bookkeeper360

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