bookkeeper360 review

If you need to be able to accept credit card payments at your business, Bookkeeper360 also provides merchant services. These Bookkeeper360 services can integrate with Xero and QuickBooks, are free to set up and include next-day funding. After setting up your accounting system, you’ll be able to use the Bookkeeper360 cloud-based platform to communicate and work with your bookkeeper or accountant.

  • This makes it a great option for many small businesses seeking a wider range of services.
  • Both have similar approaches when it comes to working with your bookkeeper, but QuickBooks Live offers more ways to communicate and a transparent view of the tasks that have been completed.
  • It also offers tax services that must be bundled with bookkeeping services and CFO services.
  • While the list of full integrations is limited to big-name solutions, if you want to link up a different system, technical support for custom integrations is available for an additional price.
  • It requires you to send bank statements and business documents, and it will handle the rest.

Bookkeeper360 Reviews by Job Title

Bookkeeper.com offers three subscription plans, which range in price from $399 to $799 per month, depending on the number of monthly transactions and frequency of service. If you need additional services, such as payroll or tax preparation, you can request a customized quote based on the size and needs of your business. That jumps to $399/$549 (cash basis or accrual basis, respectively) per month for businesses who want full monthly bookkeeping services. On the Monthly plan, your dedicated accountant does the heavy lifting, handling your monthly bookkeeping on either a cash or accrual basis.

bookkeeper360 review

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Additionally, Bookkeeper360’s integration (referred to as an “app” on its website) with Xero lets you monitor your financial data and track your goals. You also have access to a full team of accounting experts, including bookkeepers, certified public accountants (CPAs), and advisors. For CFO advisory services, it provides business and financial plans, projections and forecasts, entrepreneur coaching, corporate governance, and capital deployment strategy.

bookkeeper360 review

Crowdera In-Depth Review: Features & Alternatives (2023 Updated)

  • During the meetings, you can ask questions about financial reports and request assistance with bookkeeping tasks.
  • On Bookkeeping36’s Weekly plan, your dedicated accountant manages your bookkeeping every week, again on either a cash or accrual basis.
  • With their personalized services and dedicated team, you can say goodbye to messy books and inaccurate tax filings.
  • While QuickBooks Live initially appears less expensive, there are a few things to consider.
  • Bookkeeper360 offers the ability to create your own custom plan including many features unavailable in QuickBooks Live, like CFO advice, tax preparation, payroll and HR, and back office tasks.
  • Your company’s transactions are also available in the portal, and you can request an appointment with your bookkeeper.

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. Bookkeeper360 pricing scored low in our evaluation because it’s quite expensive compared to competitors, and we believe that very small businesses with limited budgets might find its services expensive. It also fails to provide complete pricing information for many of its services.

  • Bookkeeper360 can only work with Xero or QuickBooks for accounting software systems.
  • In terms of user comments, easy access to useful performance metrics and customer service were highlighted.
  • Incorporation is the process of legally creating a corporate entity, which can be a separate legal entity from its owners, with its own …
  • QuickBooks Live has no monthly expense cap for its High Volume plan whereas Bench requires a custom quote for companies with over $100,000 in monthly expenses.
  • Medical evacuation services have gained significant popularity due to the critical role they play in ensuring timely and efficient transport of patients needing …
  • Bookkeeper360 has a very nice integration with QuickBooks Online and Xero, which it refers to as the Bookkeeper360 app, which is a desktop app, not a mobile app.

bookkeeper360 review

As a Xero Platinum partner, Bookkeeper360 provides seamless integration with Xero’s cloud-based accounting software. Bookkeeper360 offers fractional CFO services that can be customized to the needs of your business—whether bookkeeper360 that’s on an ongoing basis or for a one-time project. Your dedicated CFO will assist with cash flow optimization, growth strategy, profitability analysis, key performance indicators (KPIs), and pricing and cost analysis.

Although it can be beneficial to have a service and cost that’s designed specifically for your business, it can be preferable for business service providers to have clear and established pricing. If you can look at a provider’s website and know exactly what to expect in terms of both pricing and service, it’s much easier to compare providers against one another. Plus, with transparent pricing laid out for customers to see, a service provider can’t try and charge you more than it does someone else. Despite these significant benefits of Bookkeeper360, there are also downsides to this online bookkeeping service worth considering.

Merritt Bookkeeping: Best for business on a budget

  • Its core services are bookkeeping, tax advisory and filing, and helping harried sole traders catch up on any backlog they have of accounting and filing tasks.
  • Bookkeeper360’s basic bookkeeping plans are priced higher than most of its competitors, including Bench.
  • It is for these reasons that we selected Bookkeeper360 as the winner of this category.
  • The features you receive with Bookkeeper360 will largely depend on what your business needs and what kind of strategy you develop in your consultation.
  • With Bench, you not only receive online bookkeeping services but access to its proprietary bookkeeping software as well.
  • You can schedule phone meetings every month to review financial reports, and your bookkeeper will grant you access to their screen so that you can view your books.

Bookkeeper360 offers HR support for small businesses through a tool called HRS360. With this app, you’ll have access to a forms library, salary benchmarking tools and HR professionals. HRS360 also provides assistance with federal and state compliance, training videos, employee on-boarding forms and job descriptions. Bookkeeper360 offers tax services that include individual or business preparation and filings, sales and local 1099s reporting, as well as overall tax planning and compliance. 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.

The unlimited customer support and year-round tax advisory services are also noteworthy perks. Some commented that they wished that Bench had an Android mobile app and support for multiple currencies. Users have also expressed interest in CFO advisory services, a feature not currently provided by Bench. Wave is a free, cloud-based accounting software designed for small businesses and freelancers.

Best Accounting and Bookkeeping Apps for Small Businesses

We see QuickBooks Live takes the lead in customer support when we compare QuickBooks Live and Bookkeeper360. Both have similar approaches when it comes to working with your bookkeeper, but QuickBooks Live offers more ways to communicate and a transparent view of the tasks that have been completed. While QuickBooks Live initially appears less expensive, there are a few things to consider. You must have a subscription to any version of QuickBooks Online to sign up for QuickBooks Live, which is $90 per month for the QuickBooks Plus, its most popular plan. Also, the first month of service includes onboarding, so you’ll be charged a different price for that month.