You can choose hourly fees ($125/hour), monthly pricing starting at $349/month (normally $399/month) or weekly starting at $499/month (normally $549/month). All these plans are for businesses with up to $20,000 in expenses using the cash accounting method. Bench’s Essential plan is $249 a month and includes monthly bookkeeping and a dedicated bookkeeping team. Online bookkeeping services are a hybrid of bookkeeping software and professional accounting.
- The user review score of Bench is high as well, at almost a perfect score.
- While Equivity offers a fairly robust bookkeeping package, they don’t use their own software.
- One of the biggest challenges for bookkeepers lies in handling credit card receipts.
- Both kinds of features combined to account for 60% of our total score.
- Live Expert Assisted doesn’t include cleanup of your books or a dedicated bookkeeper reconciling your accounts and maintaining your books for you.
- A free live bookkeeping consultation is required before signing up, and services are billed annually.
Flexible Work that Works: Revolutionizing Tax and Bookkeeping Careers with Intuit
You may be under the impression that you have to be a certified public accountant or tax attorney or hold some other professional credential to start a tax preparation business. In fact, you don’t need certifications or professional virtual bookkeeping services requirements to open your business. All you need is a Preparer Tax Identification Number (PTIN) and you’re legally ready to go. Your bookkeeper gets to know your business and provides ongoing bookkeeping services.
Customer Support
The Talent Acquisition team is dedicated to connecting people with exciting career opportunities and partnership within Intuit. We understand that starting your own tax practice from home can be challenging, especially when it comes to finding clients and building credibility. Intuit has a partnership program to help those with established business entities (DBA, LLC, CORP, Partnership, or sole proprietorship) grow their business through Intuit TurboTax Verified Pro. You can jump-start your business and focus on providing the best service to your clients. If your monthly average is $10,001-50,000, the monthly price for Live Expert Full-Service Bookkeeping is $500.
How Intuit helps tax and bookkeeping pros do their best work
Unfortunately, if flexibility is what you’re looking for, Merritt Bookkeeping may not be for you since you can only import data from QuickBooks Online. If you’re looking for something very cheap and simple and your business is in its very early stages, the affordability of Merritt Bookkeeping makes it a good choice. Blake Bobit has been an entrepreneur and business owner for over 25 years. He founded Solution Scout to provide the most helpful answers to questions about business solutions.
Credit card account management
Examples include bookkeeping journal entries, bookkeeping ledger, bookkeeping reconciliation and bookkeeping trial balance. Each plan comes with a finance expert, automated transaction imports, P&L, balance sheet and cash flow statements. You’ll also get burn rate calculations, which is helpful for startups that need to closely track their spending. Unlike accountants, small business bookkeepers don’t need higher education or graduate degrees to do their jobs.
How to Find the Best Virtual Bookkeeping Service for Your Business
While there are certain scenarios where it makes sense to have a dedicated bookkeeper (or several) on your staff, this is typically reserved for very large companies. For the vast majority of businesses, the job of bookkeeping is too small for a department but too much for the owner. As your company grows, Reconciled will keep pace and scale services when needed.
In doing so, you can get a good idea as to the range bookkeepers charge for services. If you’re considering becoming a bookkeeper, read our guide to learn how to start a bookkeeping business in 2024. We’ll cover everything from the legal side of registering a new business to pricing, marketing and more. Whichever method you use, you want to choose an online bookkeeping service that can continue with it. Using different accounting methods can lead to discrepancies, affecting the accuracy of your financial records.