Bookkeeper360 Review for June 2024 Best Bookkeeping Services

If you’re using QuickBooks Online, QuickBooks Live can match you with a ProAdvisor to help you manage your books. If you need other services aside from bookkeeping, such as financial planning, tax advice, and payroll, you should consider Bookkeeper.com. Pilot’s pricing is the most expensive of the online bookkeeping services that we reviewed in this guide, which is why it earned a low score in this category. It is also lacking in customer support, as you can only contact your dedicated bookkeeper via email or the QuickBooks portal. If you’re seeking a low-cost service that also offers strong customer support, QuickBooks Live is an excellent option. Bookkeeper360 offers both accounting and cloud-based bookkeeping services and business advisory services.

• The longer you work with a bookkeeper, the more adapted they’ll be to your business, and the less often they’ll need your input.
• For tax and accounting, Bench also scored high, although it doesn’t offer the ability to file sales tax returns, so we recommend Bookkeeper.com for that feature.
• For $399 per month (when billed annually), Bench’s Premium package includes everything from the Essential plan, plus one-on-one income tax consulting and annual filing for your income tax return.
• Pilot offers bookkeeping services for all businesses, but we recommend them highly for startups.
• The 28-year-old missed Boston’s last 10 playoff games after straining his left calf in Game 4 of the team’s opening-round series against the Miami Heat.
• ContaAzul offers software-as-a-service accounting and invoicing solutions for small businesses.

How We Evaluated the Best Virtual Bookkeeping Services

Some of the ways we help our clients is with cash flow optimization, key performance indicators (KPIs), growth strategy consulting, profitability analysis, and pricing & cost analysis. Once you sign up for Bookkeeper.com, you’ll be assigned a dedicated bookkeeper. While you’ll grant them access to your QuickBooks account, you’ll still maintain access so that you can still use your QuickBooks account to invoice clients and pay bills. Your bookkeeper uses Bench’s proprietary software to track your income and expenses, and you both can leave notes on transactions in case any questions come up.

Who it’s for

Merritt Bookkeeping is our pick for businesses on a budget because it offers the most affordable rates in this guide. It also issues 1099s for your independent contractors and directly sends updates to your certified public accountant (CPA) during tax season. If your books are outdated, Merritt’s catch-up bookkeeping is affordable at $140 per month. Bookkeeper360 offers a range of support options for businesses in conjunction with its core bookkeeping services. We chose Bench as the winner in this category because it offers unlimited support and access to community support, two features that Bookkeeper360 lacks. You can book a phone or Zoom call with your Bench bookkeeper or communicate via in-app message directly through the Bench app.

Why You Can Trust Fit Small Business

Both Pilot and Bench offer bookkeeping services that link your bank accounts and business credit card accounts and automatically record and classify your transactions. There are a few types of businesses that aren’t a good fit for Bench, though. If your business depends on accrual basis accounting, doesn’t use online banking or payments, or earns over $2-3 million annually in revenue, you might be better off hiring a local bookkeeper. If you’re unsure whether Bookkeeper360 is the right assisted bookkeeping service for you, check out our guide on the best online bookkeeping services for more choices. In our evaluation of 1-800Accountant’s Enterprise plan, it took a hit in pricing because it charges $399 a month, which is more expensive than many of its competitors.

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• You can use this year-over-year comparison to spot seasonality in revenues and expenses.
• Like Bookkeeper360, Bookeeper.com is a U.S.-based online bookkeeping service provider that works with small businesses.
• There’s a number of ways to get all your financial info to your bookkeeper.
• Because of QuickBooks Live’s low-cost pricing structure that is based on your company’s monthly expenses, it received a perfect score for pricing.

You’ll also have your own dedicated bookkeeper with both services, but Bookkeeper360 has much more to offer in terms of add-on services, which is why we awarded it the winner of this category. Yes, Bench is ideal for businesses that have basic bookkeeping needs and want the option of tax filing and consulting services. For an additional fee, it also offers historical bookkeeping bookkeeper360 services and specialized bookkeeping, such as accounts receivable tracking and segment-level bookkeeping. Bookkeeper360 allows the accrual basis of accounting with its bookkeeping service. If you’re using the cash basis, Bookkeeping360 will handle the accruals and deferrals for you. The dedicated bookkeeper will meet you monthly to fix your books and generate monthly reports.

For $399 per month (when billed annually), Bench’s Premium package includes everything from the Essential plan, plus one-on-one income tax consulting and annual filing for your income tax return. And if you need advice beyond bookkeeping, you have to add CFO services to your bookkeeping package. That add-on runs, at a minimum, $1,050 per month for up to three hours of advice on financial statements, business metrics, and monthly rolling financial forecasts.

• If you want to stay on top of taxes while having a good set of books, 1-800Accountant’s Enterprise plan is a good value for money.
• The three CFO Advisory plans are called “Advisory,” “Coaching” and “Inventory.” The Advisory plan includes services such as KPI reporting, profitability improvements and basic operational processes.
• Given the quality of the services offered and the fact that there’s no contract locking you in, we’d say that, on balance, it’s worth it.
• Similar to Bookkeeper360 in that it offers ‘online bookkeeping and tax filing by real humans,’ Bench sets itself apart by focusing on the more basic needs of freelancers and solopreneurs.
• Xendoo does your business’ bookkeeping every week, and you can access financial reports via the customer portal.
• In contrast, Bookkeeper.com is best thought of as a full-service online accounting firm, which is why we feel it is better than Bench in this category.

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She also regularly writes about business for various consumer publications. Both Bench and Bookkeeper360 received mostly positive user reviews, but Bookkeeper360’s average score is higher. We feel this is mainly because of the quality of its customer service, which has been described as both responsive and knowledgeable. Its integrations with both Xero and QuickBooks Online make it easy for users to understand their financial picture. We can handle your entire company’s receivables and payable, approve bill payments, reimburse expenses to your staff, and manage your time entry tools. No, Bench uses its own proprietary software and doesn’t sync with commonly used accounting software like QuickBooks Online or Xero.

More payroll coverage

You can use its monthly financial reports to assist with filing taxes, and it provides a simplified issuance and electronic filing of 1099s for your contractors at an additional fee. It also offers catch-up bookkeeping services, which is $140 for each month you’re behind. If access to video meetings and a phone number to call for support is important to you, we suggest Bookkeeper360. Bookkeeper360 is working on its own application, 360app, that will allow you to manage all of your Bookkeeper360 services, from accounting to financial planning, in one place. This app has not yet launched, but according to the Bookkeeper360 website, will be included in all packages.

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Bookkeeper360 is a well-reviewed fintech bookkeeping software and management company with numerous awards. Bookkeeper360 assigns United States-based bookkeepers—who are employees, not contractors or freelancers—to keep your books up to date. If you need help, you can contact them via phone or live chat and set up unlimited meetings. They will also grant you access to their screen so that you can view your books. With a flat fee of $190 per month, Merritt Bookkeeping received a perfect score for pricing.