This enables you and your Bench team to work together seamlessly from the start. Bench could’ve earned higher marks in this criterion if it offered video meetings or a direct number to call for customer support; you must schedule a meeting through the Bench platform. However, one of the most appealing features of the provider is that you have access to unlimited support, no matter which plan you choose. Two of the platform’s biggest drawbacks is that it doesn’t offer a mobile app for Android. Plus, the fact that it doesn’t integrate with QuickBooks or any other software means it is difficult to switch providers.
Behind on your books?Add Catch Up Bookkeeping to any plan.
- A year end package with everything you need to file comes standard with Bench.
- The Bench Accounting pricing guide shows two monthly plans, Essential and Premium, which cost $299 and $499, respectively.
- Compared with other bookkeeping services, Bench is relatively affordable, starting at $249 per month.
- I’m not sure when I would have caught up on my historical books without Bench.
- You’ll need to use one of these merchant processors if you want to take advantage of automatic transactions from the start.
If you sign up for an annual contract, the monthly price goes down to $249 QuickBooks for Essential and $399 for Premium. While both offer basic bookkeeping and year-end reporting, Premium has unlimited tax advisory services and federal and state tax filing. With the catch-up bookkeeping add-on, Bench’s bookkeepers can provide overdue bookkeeping services—no matter how far you’ve fallen behind on your books.
Bookkeeping with Bench
- To make taxes more hassle-free, you can upgrade to the Premium tier, which includes unlimited bookkeeping and tax support.
- The platform is best for freelancers and small businesses with basic bookkeeping needs, such as providing cash-basis financial statements for tax return preparation.
- While it doesn’t offer live bookkeepers the way Bench, QuickBooks Live, and Fincent do, you have the option to provide custom access to your accountant.
- The Bench company does online bookkeeping for you, so you can focus on growing your business.
- If you’re wondering whether Bench is a service for bookkeeping or accounting, it can be both.
But if yours is more complicated, you might look into other accounting software options besides Bench accounting. A bookkeeping provider like Bench can help you understand your cash flow better by seeing financial reports and visual reports. Then you can adjust your business strategy if you’re not meeting your goals. One of Bench’s best features is the assignment of a dedicated bookkeeping team to each client.
- Bench could’ve earned higher marks in this criterion if it offered video meetings or a direct number to call for customer support; you must schedule a meeting through the Bench platform.
- Bench Accounting is an online bookkeeping service that combines proprietary software with human expertise.
- We’ll do a month of your bookkeeping in one business day, and deliver a set of financial statements for you to keep.
- With our Bookkeeping & Tax plan, you get expert tax prep, filing, and year-round tax advisory support.
- You should be able to access a dedicated bookkeeper for any questions or advice and one-on-one assistance.
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Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench. You can book a call with your bookkeeper or send them an in-app message directly through the Bench app. There’s no extra fee or hourly charges for support, law firm chart of accounts and you’re welcome to reach out to them whenever you have a question.
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Bench integrates with Stripe accounts, Square accounts, and Shopify accounts. You’ll need to use one of these merchant processors if you want to take advantage of automatic transactions from the start. It allowed me to suggest a new category where I saw relevant and save the note for bookkeeper bench accounting review. Overall, for the small business owner on a budget, Bench is a great solution to your bookkeeping woes. In this Bench review, I take a look at the most prominent features, pricing, and other details to help you get your questions answered. Danielle Bauter is a writer for the Accounting division of Fit Small Business.
Free Course: Understanding Financial Statements
The ability to add transactions from both personal and business accounts is also a bonus. For bookkeeping novices who want a hands-off approach, Bench is an ideal solution. You will work with a Bench bookkeeping team to reconcile your business’s monthly expenses.
Financial Reports
- The proprietary software doesn’t integrate with anything like Quickbooks.
- You’ll connect your bank accounts to your Bench bookkeeping account and your dedicated bookkeepers will receive a read-only version of the information.
- If you need help with payroll, you’ll need to invest in another service.
- An accounting software or service can help you avoid costly mistakes and get a clear picture of your overall finances.
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- They also provide visual reports that display your revenue, expenses, and profit over time, and help you to file your taxes.
Discover why Bench accounting is a top choice for small businesses in 2023. You can send a message to your Bench team from your computer or the app at any time, and your bookkeeper will reply within one business day. You can also schedule a time for your bookkeeper to call you at no additional charge. Bookkeepers are available Monday through Friday during “normal business hours PST,” according to Bench’s website. Sign up today and we’ll do one prior month of your bookkeeping and prepare a set of financial statements for free. For S-corps, C-corps, and partnerships, you can add-on personal filing for 1 partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly.
