To make taxes more hassle-free, you can upgrade to the Premium tier, which includes unlimited bookkeeping and tax support. Premium also has filing for sole proprietors, contractors, and businesses (S-corps, C-corps, and partnerships). Bench was critical in helping me with catch up books for tax time. Being able to upload reports easily from my bank and various credit card processors made things so much easier, and the bookkeepers learned quickly how to categorize the transactions.

• Bench gives you a dedicated bookkeeping team so you have a direct line to your own experts on desktop or mobile–professional support is just a few swipes, taps, or clicks away.
• For users on the Premium plan, Bench offers both business and personal tax filing services.
• You’ll need to use one of these merchant processors if you want to take advantage of automatic transactions from the start.
• We consider the opinions of users and the service’s ratings on various review sites.
• The magic happens when our intuitive software and real, human support come together.
• The Accounting tab on your dashboard provides you with real-time updates of your financials, showing exactly how much money you have and how you’re spending it.

See Bench’s features in action

You can search for your institution if you don’t see it in the list. After selecting your bank or credit card issuer, you must enter your account login information and choose the accounts you want to share with Bench. Pricing is competitive and doesn’t change based on your business’s annual revenue. Other companies offering similar services Legal E-Billing adjust pricing upward as your business grows, making managing it more expensive.

Accounts Payable & Accounts Receivable Support

You’ll pay $200/month (or more depending on monthly revenue) plus a one-time cleanup fee in addition to your monthly QuickBooks subscription. ” or “I sell products online and I am not sure if I should be charging sales tax. There wasn’t a clear “FAQ/Help” section in the dashboard, as they direct you to message your bookkeeper directly. Navigating to the service’s self-help features was a bit counterintuitive for me since I happened to find cash flow it by accident.

Join thousands of small business owners who trust Bench with their books

Get intuitive software that syncs directly with your small business accounts to deliver tidy, perfect books each month. The Bench platform gives you monthly financial statements and expense overviews to keep you in control of your money. At-a-glance visual reports help you see the big picture and give you actionable insights to help you grow your business. That means if you want to scale and change providers in the future, you’ll have some trouble.

Why should I choose Bench online bookkeeping services?

Using Bench is bench accounting login different from having a subscription to accounting software like QuickBooks Online or Xero. These products can streamline tasks like reconciling accounts and categorizing transactions, but they don’t take bookkeeping off your plate completely like Bench does. Unlike accounting software, however, Bench doesn’t offer tools for invoicing, inventory management or bill payment. This comprehensive Bench Accounting review aims to provide an in-depth look at one of the leading online bookkeeping services available to small businesses and entrepreneurs. We’ll explore Bench’s features, pricing structure, user experience, and how it compares to alternatives in the market.

• Bench offers two plans – one for basic bookkeeping and another that adds tax filing.
• You’ll have access to IRS forms for filing and reports that provide the information you need to process your 1099s.
• She holds a Bachelor’s degree from UCLA and has served on the Board of the National Association of Women Business Owners.
• Finally, because it operates on proprietary software, it doesn’t sync with commonly used accounting solutions like QuickBooks Online and Xero.
• Other reviewers said that they wished that it was possible to use the service for bill payment and invoicing.

Premium

Staying on top of this ensures a stress-free tax season and gives you access to current financial insights, empowering you to make informed, impactful decisions for your business. We evaluated Bench Accounting based on user reviews, pricing, personal bookkeeper, bookkeeping services, and tax and consulting services. Bench helps small business owners like you save time and money doing your bookkeeping and income taxes. If Bench’s lack of accounting integrations is a concern, instead consider QuickBooks Online with QuickBooks Live full-service bookkeeping added on. In general, the QuickBooks platform is more scalable and widely used among accountants, so it could be a better solution for a rapidly growing business.

Catch-Up Bookkeeping

• Both include monthly bookkeeping and year-end reporting, but Premium gives you more features, such as unlimited tax advisory services and federal and state income tax filings.
• Monthly prices are either $299 or $499 per month, depending on whether you need tax services.
• Each month, we may check in with you to ensure your books are accurate and your deductions are maximized.
• While it may be more expensive than some software-only solutions, many users find the added expertise and time savings justify the cost.
• Perfect books No need to second guess whether your bookkeeping is done correctly.

I also got a message in my Messages panel in my account to let me know that someone would contact me within the next business day to answer any questions and assist with setup. It allowed me to suggest a new category where I saw relevant and save the note for bookkeeper review. Overall, for the small business owner on a budget, Bench is a great solution to your bookkeeping woes.