The Premium plan, which includes tax filing services, is available at an additional cost. Each month, your bookkeeping team — made up of three in-house Bench employees — will categorize all your transactions, reconcile your bank accounts and prepare financial statements. This process is completed within 15 business days once you’ve sent all the necessary documents. With Bench, you can see all your financial statements and expenses in one central platform. Our visual reports provide insights into your business, helping you make smart decisions.
- If you’re already using Quickbooks Online, but want the added advantage of a real bookkeeper to help you along the way, you may want to consider QuickBooks Live Bookkeeping.
- Bookkeeping is an integral part of running a financially healthy business.
- Every report accessible in the Bench platform can be exported to an Excel file for easy sharing with anyone from business partners to accountants.
- They both offer a wide range of features and pricing options to suit businesses of different sizes or budgets.
- Naturally, they must receive permission from you before doing so.
- The Essential plan is designed for small businesses looking to streamline their financial processes.
How to Grow an Acquired Business
However, the option is there to get Bench to do it for online bookkeeping you through the aptly named BenchTax. A year end package with everything you need to file comes standard with Bench. With our Bookkeeping & Tax plan, you get expert tax prep, filing, and year-round tax advisory support. Easily see your updated financial data every time you log in. With real-time insights, you can make on-the-fly decisions about where to spend and where to save, helping your business stay on budget.
Why bookkeeping software matters
Join over 35,000 US-based business owners who have streamlined their finances and have grown their businesses with Bench. Get free guides, articles, tools and calculators to help you navigate the financial side of your business with ease. Thousands of small business owners trust Bench with their books.Here’s how we’ve helped our customers across North America focus on what they do best. See why small businesses love Bench through real reviews, affirming our promise to provide accurate books and peace of mind. Save time & money by hiring the experts in business accounting. Choosing the right bookkeeping service for your business is essential, and features are important.
Leave your bookkeeping and taxes to the professionals
As a small business owner, cost will likely drive your decision. After all, to do your taxes is fairly inexpensive, especially if you use basic tax software. And, if your taxes seem simple, it’s possible to free file using services such as H&R Block Free Online or TaxACT Free Edition. I started The Digital Merchant to test the tools, services, and Car Dealership Accounting products I use in my digital business. Now, I’m here with other online business owners buying, testing, and evaluating the best digital tools, services, and software we can find – for every stage of the business.
We are more than a bookkeeping service or accounting firm — we are a group of accounting experts who help small businesses optimize all aspects of their finances. Bench is an online accounting software tool designed to help small business owners save time and money when it comes to bookkeeping and taxes. We stay on top of IRS, tax code, and bookkeeping changes, so you don’t have to. We follow a consistent standard to ensure your books are IRS-compliant and your tax professional can take advantage of all available tax deductions. Our team of pros prepares your annual financial statements to file income taxes, and every document gets a secondary, independent review bench accounting pricing to ensure accuracy.
- Each of these tax professionals may structure their service pricing differently.
- Unlike accounting software, however, Bench doesn’t offer tools for invoicing, inventory management or bill payment.
- Bench Bookkeeping is priced at a flat rate of $149 per month for the Core plan, which includes bookkeeping services and access to a dedicated bookkeeper.
- You won’t need any other software to work with Bench—we do everything within the platform.
- A year end package with everything you need to file comes standard with Bench.
- If you’re approaching $25M in revenue or planning to IPO soon, then you should be using the accrual method and Pilot may be a better choice.